DOT has released Official FAQs on DBE Program Regulations. These questions and answers provide guidance and information for compliance with the provisions under 49 CFR part 26. Like all guidance material, these questions and answers are not, in themselves, legally binding or mandatory, and do not constitute regulations.
When a recipient determines that an owner of a certified DBE firm exceeds the $750,000 personal net worth cap, what happens? Must the firm be decertified? If so, must the recipient use the procedures of 26.87 to decertify the firm? (Section 26.67(a)(2) and (b)(1); 26.87)
Can a certified DBE firm voluntarily withdraw from the DBE program? Section 26.87
Can a recipient remove the eligibility of a currently certified firm through any means other than those of 26.87?