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Broker Participation Instructions and RequirementsPlease review the following to be eligible for broker participation: 1. Please complete the attached pages. 2. All broker/bidder agreements must be

How to fill out mdot mbe form b

How to fill out mdot mbe form b

1. To fill out the MDOT MBE Form B, follow these steps:
2. Start by filling out the top section of the form, including your business name, address, contact information, and the date.
3. In section A, provide your business's legal structure and federal tax identification number.
4. In section B, indicate the types of work your business performs and the corresponding North American Industry Classification System (NAICS) codes.
5. In section C, specify the certifications your business holds, such as Small Business Enterprise (SBE), Disadvantaged Business Enterprise (DBE), or Women's Business Enterprise (WBE). Include the relevant certification numbers and expiration dates.
6. In section D, disclose any changes to your business structure or ownership in the previous year.
7. In section E, provide information about your business's top three contracts or subcontracts from the previous year. Include the contract number, prime contractor, description of work, and dollar value.
8. In section F, report your business's total revenues for the previous year as well as the federally funded revenues.
9. In section G, describe any significant barriers your business faces in obtaining contracting opportunities.
10. In section H, disclose any loans, lines of credit, or bonding information related to your business.
11. Finally, sign and date the form, and include the printed name and title of the person completing it.
12. Make sure to review your completed MDOT MBE Form B for accuracy before submitting it to the appropriate agency.

Who needs mdot mbe form b?

1. Any business that wants to participate in the Maryland Department of Transportation's Minority Business Enterprise (MBE) Program needs the MDOT MBE Form B.
2. The form is required for businesses seeking certification as an MBE in order to have access to contracting opportunities with the MDOT and its affiliated agencies.
3. It is necessary for businesses owned and controlled by socially and economically disadvantaged individuals who are seeking to establish their eligibility for the MBE Program.
4. The MDOT MBE Form B helps the MDOT determine the business's qualifications and eligibility for the MBE certification.

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What is mdot mbe form b?

MDOT MBE Form B is a form used by the Maryland Department of Transportation to collect information on Minority Business Enterprises (MBEs) participating in state-funded projects.

Who is required to file mdot mbe form b?

Any contractor or subcontractor working on a state-funded project in Maryland that has MBE participation goals is required to file MDOT MBE Form B.

How to fill out mdot mbe form b?

MDOT MBE Form B must be filled out with accurate information about the MBEs working on the project, including their certification status and the value of their work.

What is the purpose of mdot mbe form b?

The purpose of MDOT MBE Form B is to track the participation of MBEs in state-funded projects and ensure compliance with MBE participation goals.

What information must be reported on mdot mbe form b?

Information such as the name of the MBE, certification status, value of work performed, and the type of work performed must be reported on MDOT MBE Form B.