Attend MnDOT Training Sessions On New DBE Credit Calculations

Attend MnDOT Training Sessions On New DBE Credit Calculations

Heads up to all suppliers, distributors, and brokers working within the transportation industry: changes are coming down the pipeline.

Starting January 1, the Minnesota Department of Transportation (MnDOT) is implementing new federal regulations which will alter how Disadvantaged Business Enterprise (DBE) participation credit is calculated - particularly impacting the regular dealer and distributor categories.

Those looking to stay ahead of the curve can join in on MnDOT's forthcoming training sessions designed to shed light on these significant updates.

By attending these sessions, scheduled for December, participants will not only get the lowdown on calculating DBE participation credit but will also digest the finer points of the updated DBE special provisions.

With the introduction of revised Exhibit A forms and a brand-new USDOT regular dealer affirmation form, navigating the changes without guidance could feel like charting unknown waters.

The Dec. 5 and Dec. 10 training sessions will be held via Microsoft Teams, with joining details available through MnDOT communications.

For those who need to review the revised Exhibit A form and understand the nuances of the new USDOT regular dealer affirmation form, these training are an essential stop.

By missing them, one might miss key insights into aligning with the new standards set to take effect in the coming year.

Interested parties are directed to the MnDOT bulletin for more in-depth information on the regulatory updates, viewable here.

Remember, the changes conforming to 49 CFR 26.55(e) will become part of how MnDOT counts DBE participation credit, and the upcoming sessions are posed to provide clarity and support for what could be a complex transition. Those interested in being well-prepared for the January changes should mark their calendars for Thursday, Dec. 5, 2024, 9 - 10:30 a.m., or Tuesday, Dec. 10, 3 - 4:30 p.m. With seats likely filling up fast, accessing the training sessions via Microsoft Teams would add a valuable tool to your regulatory compliance toolkit.

SOURCE: hoodline