Get the free DBE Goal Calculation Worksheet
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BE Goal Calculation FormInstructions: Completion of this form is required if requesting a different goal than the standard goal amounts listed on the PSK Request form
Agency Project Manager (APM)
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How to fill out dbe goal calculation worksheet
How to fill out dbe goal calculation worksheet
01
To fill out the DBE (Disadvantaged Business Enterprise) goal calculation worksheet, follow these steps:
02
Begin by gathering the necessary information, such as the total project cost and the applicable regulations and guidelines.
03
Review the project details and determine if it falls under a federally-funded program that requires a DBE goal.
04
Calculate the base figure by subtracting the non-DBE participation from the total project cost.
05
Determine the non-DBE credit and subtract it from the base figure. The non-DBE credit is calculated based on the non-DBE participation that meets certain criteria.
06
Calculate the adjusted base figure by subtracting the non-DBE credit from the base figure.
07
Determine the overall goal percentage by dividing the DBE participation by the adjusted base figure.
08
Apply the overall goal percentage to the DBE participation to get the DBE goal.
09
Fill out the worksheet with the calculated values and any additional required information.
10
Review and double-check all the calculations and information before submitting the filled-out DBE goal calculation worksheet.
Who needs dbe goal calculation worksheet?
01
DBE goal calculation worksheet is needed by organizations or entities involved in federally-funded programs or projects that have a requirement of meeting DBE participation goals. These entities can include government agencies, contractors, and sub-contractors. The worksheet helps them determine the appropriate DBE goal based on project details and regulations.
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What is dbe goal calculation worksheet?
The DBE goal calculation worksheet is a document used to establish and report the goals for participation of Disadvantaged Business Enterprises (DBEs) in federal and state funded projects.
Who is required to file dbe goal calculation worksheet?
Entities that are recipients of federal funds and are required to comply with DBE programs must file the DBE goal calculation worksheet.
How to fill out dbe goal calculation worksheet?
To fill out the DBE goal calculation worksheet, you need to gather relevant data on DBE availability, identify project goals, and report anticipated contract amounts based on DBE participation.
What is the purpose of dbe goal calculation worksheet?
The purpose of the DBE goal calculation worksheet is to ensure that a fair proportion of funds is allocated to DBEs and to promote their participation in government contracting.
What information must be reported on dbe goal calculation worksheet?
The worksheet must report data such as the number of available DBEs, the estimated dollar value of contracts, and the proposed goals for DBE participation.
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