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M/WE SUBCONTRACTORS AND SUPPLIERS NOTICE OF INTENT TO PARTICIPATE INSTRUCTIONS: Part A of this form must be completed and signed by the Bidder/Applicant unless requesting a total waiver. Parts B &

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How to fill out mwbe goal calculation worksheet

01

Step 1: Gather all necessary information required for filling out the MWBE goal calculation worksheet

02

Step 2: Input the total project budget and identify the MWBE goal percentage set by the contracting agency

03

Step 3: Calculate the dollar value of the MWBE goal by multiplying the total project budget by the MWBE goal percentage

04

Step 4: Determine the current MWBE participation on the project by adding up the dollar value of all MWBE contracts awarded

05

Step 5: Calculate the remaining MWBE goal by subtracting the current MWBE participation from the dollar value of the MWBE goal

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Step 6: Fill out the MWBE goal calculation worksheet with the calculated values and any additional information required

Who needs mwbe goal calculation worksheet?

01

Contractors and subcontractors bidding on public projects that have MWBE (Minority and Women-Owned Business Enterprise) goals set by the contracting agency

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What is mwbe goal calculation worksheet?

The MWBE goal calculation worksheet is a tool used to determine the goal for awarding contracts to Minority and Women-Owned Business Enterprises (MWBEs) based on various factors such as project scope, location, and availability of MWBEs in the relevant market.

Who is required to file mwbe goal calculation worksheet?

Public agencies, government entities, and contractors who receive public funds are required to file the MWBE goal calculation worksheet when awarding contracts that have MWBE participation goals.

How to fill out mwbe goal calculation worksheet?

The MWBE goal calculation worksheet can be filled out by inputting relevant project information, such as project scope, contract value, and MWBE availability. The worksheet will then calculate the MWBE participation goal based on these inputs.

What is the purpose of mwbe goal calculation worksheet?

The purpose of the MWBE goal calculation worksheet is to ensure that public contracts are awarded in a manner that promotes diversity and equal opportunity for Minority and Women-Owned Business Enterprises.

What information must be reported on mwbe goal calculation worksheet?

The MWBE goal calculation worksheet typically requires information such as project details, contract value, MWBE participation goals, and documentation of outreach efforts to solicit MWBE participation.

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