MnDOT To Hold Free Training On New Federal DBE Credit Regulations

MnDOT To Hold Free Training On New Federal DBE Credit Regulations

The Minnesota Department of Transportation (MnDOT) is gearing up for some notable changes that might just ripple out to the rest of the country.

Starting January 1, 2025, MnDOT will be aligning itself with updated federal regulations when it comes to counting Disadvantaged Business Enterprise (DBE) participation credits, focusing on changes to what constitutes a "regular dealer" and introducing the "distributor" as a new category.

MnDOT is offering a helping hand with training sessions explaining the ins and outs of this shift.

If you're a supplier, distributor, or broker wondering how to navigate these waters, mark your calendars for December 5 and 10, because that's when MnDOT is rolling out its open training sessions for free via Microsoft Teams to demystify the calculation of DBE participation credit in light of these revisions.

They'll also be taking a deep dive into the updates to the DBE special provisions, and participants will get a walk-through of the revised Exhibit A form, not to mention a look at the new USDOT regular dealer affirmation form, the way to stay ahead, whether you're in Minneapolis or elsewhere.

You'll find more details here, specifically regarding the nuts and bolts of the updated 49 CFR 26.55(e).

SOURCE: hoodline