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POLICY STATEMENT Section 26.1, 26.23Objectives/Policy Statement Kenton County Airport Board (CAB) has established a Disadvantaged Business Enterprise (BE) program in accordance with regulations of
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Government agencies that receive federal funding and contracts are typically required to have a disadvantaged business enterprise policy in place.
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Private companies that want to demonstrate their commitment to diversity and inclusion may also choose to have a disadvantaged business enterprise policy.
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Disadvantaged Business Enterprise (DBE) policy is a program that aims to provide equal opportunities for small businesses owned by individuals who are socially and economically disadvantaged.
Entities that receive federal funding for transportation projects are required to file a Disadvantaged Business Enterprise (DBE) policy.
To fill out a Disadvantaged Business Enterprise (DBE) policy, entities need to provide information on their commitment to promoting diversity and inclusion in their contracting practices.
The purpose of Disadvantaged Business Enterprise (DBE) policy is to ensure that minority-owned businesses have equal access to opportunities in the contracting process.
Entities need to report on their efforts to include minority-owned businesses in their contracting processes, as well as any goals they have set for promoting diversity and inclusion.
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