Get the free M/WBE Goal Calculation Worksheet. M/WBE Compliance

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M/WBEGoalCalculationWorksheet LIMIT (Thisformshouldreflectthecurrentyearsbudgetedcosts) GC18013 LIMIT 20182019 RFP×entitle:___ ApplicantName:___ Them/WBEparticipationforthisgrantis30×ofeachapplicantstotaldiscretionarynonpersonal

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How to fill out mwbe goal calculation worksheet

01

To fill out the MWBE goal calculation worksheet, follow these steps:

02

Gather all necessary information and documents, such as project details, procurement guidelines, and MWBE utilization data.

03

Start by entering the project name and identifying the specific contract or procurement opportunity.

04

Determine the MWBE goals based on the procurement guidelines or regulations. This may include goals for minority-owned (MBE) and women-owned (WBE) businesses.

05

Calculate the available MWBE participation by reviewing historical data, soliciting bids from MWBE businesses, or using other appropriate methods.

06

Enter the total contract value or the scope of work for the specific contract or procurement opportunity.

07

Calculate the MWBE contract goal by multiplying the total contract value by the MWBE percentage goal.

08

Enter the MWBE utilization achieved or expected to be achieved for each MWBE category (MBE and WBE).

09

Calculate the MWBE utilization amount by multiplying the MWBE contract goal by the MWBE utilization percentage for each category.

10

Calculate the MWBE utilization shortfall or excess by subtracting the MWBE utilization amount from the MWBE contract goal for each category.

11

Review and verify the calculations to ensure accuracy.

12

Complete any additional sections or fields required by the worksheet or procurement guidelines.

13

Submit the filled-out MWBE goal calculation worksheet to the appropriate authority or department for review and evaluation.

14

Note: It's important to consult the specific guidelines or instructions provided with the MWBE goal calculation worksheet for any additional requirements or considerations.

Who needs mwbe goal calculation worksheet?

01

The MWBE goal calculation worksheet is needed by organizations or individuals involved in procurement and contracting processes that have specific MWBE goals to meet.

02

This may include government agencies, government contractors, private companies seeking government contracts, or any entity that wants to track and report MWBE participation accurately.

03

The worksheet helps them calculate the MWBE goals, track utilization, identify shortfalls or excesses, and ensure compliance with MWBE requirements or regulations.

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What is mwbe goal calculation worksheet?

The MWBE goal calculation worksheet is a document used to determine the percentage of minority and women-owned business enterprises (MWBE) participation in a project or contract.

Who is required to file mwbe goal calculation worksheet?

Government agencies, contractors, or subcontractors that are subject to MWBE participation goals may be required to file the MWBE goal calculation worksheet.

How to fill out mwbe goal calculation worksheet?

The MWBE goal calculation worksheet is typically filled out by entering the required information such as contract details, MWBE participation details, and calculations to determine the percentage of MWBE participation.

What is the purpose of mwbe goal calculation worksheet?

The purpose of the MWBE goal calculation worksheet is to track and report the participation of minority and women-owned businesses in projects or contracts to ensure compliance with MWBE goals.

What information must be reported on mwbe goal calculation worksheet?

The MWBE goal calculation worksheet typically requires information such as contract details, MWBE certification status, MWBE participation details, and the calculations used to determine the percentage of MWBE participation.

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