Get the free M/WBE Goal Calculation Worksheet - New York State ...

M/WE Document M/WE Goal Calculation Worksheet Project Name: NYS TECH Cohort III Applicant Name: The M/WE participation for this grant is 30% of each applicant total discretionary nonpersonal service

How to fill out mwbe goal calculation worksheet

How to fill out mwbe goal calculation worksheet

1. To fill out the MWBE goal calculation worksheet, follow these steps:
2. Start by gathering all necessary information such as project details, contract value, and MWBE goals.
3. Review any applicable local, state, or federal regulations regarding MWBE goals for the project.
4. Use the provided worksheet template or create a similar one that includes all relevant categories and columns.
5. Input the contract value and the desired MWBE goal percentage in the respective fields.
6. Calculate the MWBE goal amount by multiplying the contract value with the MWBE goal percentage.
7. Break down the MWBE goal amount into specific categories such as minority-owned, women-owned, or disadvantaged businesses.
8. Determine the availability of MWBE firms in the marketplace by conducting research or using relevant databases.
9. Input the availability percentages of MWBE firms for each category.
10. Calculate the availability amounts by multiplying the MWBE goal amount with the availability percentages.
11. Compare the MWBE goal amounts with the availability amounts to assess the feasibility of achieving the desired goals.
12. Make any necessary adjustments to the MWBE goals or strategies to align them with the available MWBE firms.
13. Present the completed MWBE goal calculation worksheet to the relevant stakeholders or authorities as required.
14. It is important to consult local guidelines or seek professional assistance when filling out the MWBE goal calculation worksheet.

Who needs mwbe goal calculation worksheet?

1. The MWBE goal calculation worksheet is needed by:
2. - Public or private organizations involved in contracting or procurement of goods and services.
3. - Government agencies or departments that establish MWBE goals for public projects.
4. - Construction companies or project managers responsible for meeting MWBE requirements.
5. - Vendors or suppliers seeking to demonstrate their MWBE involvement and compliance.
6. The worksheet serves as a tool to quantify and track MWBE goals, making it essential for those involved in promoting diversity and inclusion in contracting.

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What is mwbe goal calculation worksheet?

The MWBE goal calculation worksheet is a form used to determine the goal for participation of Minority and Women-Owned Business Enterprises (MWBE) in a project.

Who is required to file mwbe goal calculation worksheet?

Contractors and subcontractors working on projects that have MWBE participation goals are required to file the MWBE goal calculation worksheet.

How to fill out mwbe goal calculation worksheet?

The MWBE goal calculation worksheet is filled out by providing information about the total contract amount, MWBE participation, and other relevant details.

What is the purpose of mwbe goal calculation worksheet?

The purpose of the MWBE goal calculation worksheet is to ensure compliance with MWBE participation goals and to track the utilization of MWBEs in projects.

What information must be reported on mwbe goal calculation worksheet?

Information such as total contract amount, MWBE participation by category, and any waivers or exemptions must be reported on the MWBE goal calculation worksheet.