Corpus Christi Regional Transportation Authority (CCRTA) submitted the following Disadvantaged Business Enterprise (DBE) overall goal and methodology for Federal Fiscal Years (FFY) 2023-2025 to Federal Transit Administration (FTA) for review in accordance with 49 Code of Federal Regulations (CFR) Part 26.45.
Small businesses should take heed to this information, as it opens doors for contractors to do business with CCRTA.
CCRTA’s triennial overall goal of 14% for FFY 2023-2025 includes a race-conscious projection of 11.58% and a race-neutral projection of 2.42%. CCRTA shall make good faith efforts to meet the overall DBE goal each year during the triennial period.
The overall goal was derived in the following manner:
- A base goal of 22.29% was calculated
- An adjustment to the base goal was made taking into consideration the median past participation of 5.96%, thus reducing the base goal to 14.13% rounded to 14%
- The maximum portion of the adjusted goal is 11.58% which is race-conscious and the race-neutral portion of the adjusted goal is 2.42%
As a recipient of Federal Transit Administration (FTA) funding, CCRTA is required to establish and submit a triennial DBE overall goal for its FTA-assisted projects pursuant to the U.S. Department of Transportation (USDOT) rules and regulations provided in Title 49 Code of Federal Regulations (CFR) Part 26 (DBE Regulations). DBE regulations required USDOT recipients to set an overall goal based on demonstrable evidence of the availability of ready, willing, and able DBEs relative to all businesses ready, willing, and able to participate in federally-assisted contracts. The goal must reflect CCRTA’s determination on the level of DBE participation expected absent the effects of discrimination.
For all details on the goal-setting and methodology, please visit www.ccrta.org.
Source: CCRTA
