Source: https://www.ecfr.gov/cgi-bin/retrieveECFR?gp=&mc=true&n=sp49.1.23.c&r=SUBPART&ty=HTML
Timestamp: 2020-08-14 20:40:49
Document Index: 635214129

Matched Legal Cases: ['art 23', '§23', '§23', '§23', '§23', 'art 26', 'art 26', '§26', 'art 26', '§26', 'art 26', 'art 23', 'art 26', 'art 26', 'art 23', 'art 26', 'art 26', 'art 23']

Title 49 → Subtitle A → Part 23 → Subpart C
§23.31 What certification standards and procedures do recipients use to certify ACDBEs?
§23.33 What size standards do recipients use to determine the eligibility of ACDBEs?
§23.35 What is the personal net worth standard for disadvantaged owners of ACDBEs?
§23.37 Are firms certified under 49 CFR part 26 eligible to participate as ACDBEs?
(a) As a recipient, you must use, except as provided in this subpart, the procedures and standards of part 26, §§26.61-91 for certification of ACDBEs to participate in your concessions program. Your ACDBE program must incorporate the use of these standards and procedures and must provide that certification decisions for ACDBEs will be made by the Unified Certification Program (UCP) in your state (see part 26, §26.81).
(b) The UCP's directory of eligible DBEs must specify whether a firm is certified as a DBE for purposes of part 26, an ACDBE for purposes of part 23, or both.
(c) As an airport or UCP, you must review the eligibility of currently certified ACDBE firms to make sure that they meet the eligibility standards of this part.
(1) You must complete these reviews as soon as possible, but in no case later than April 21, 2006 or three years from the anniversary date of each firm's most recent certification, whichever is later.
(2) You must direct all currently certified ACDBEs to submit to you by April 21, 2006, a personal net worth statement, a certification of disadvantage, and an affidavit of no change.
The personal net worth standard used in determining eligibility for purposes of this part is $1.32 million. Any individual who has a personal net worth exceeding this amount is not a socially and economically disadvantaged individual for purposes of this part, even if the individual is a member of a group otherwise presumed to be disadvantaged.
[70 FR 14508, Mar. 22, 2005, as amended at 77 FR 36931, June 20, 2012]
(a) You must presume that a firm that is certified as a DBE under part 26 is eligible to participate as an ACDBE. By meeting the size, disadvantage (including personal net worth), ownership and control standards of part 26, the firm will have also met the eligibility standards for part 23.
(b) However, before certifying such a firm, you must ensure that the disadvantaged owners of a DBE certified under part 26 are able to control the firm with respect to its activity in the concessions program. In addition, you are not required to certify a part 26 DBE as a part 23 ACDBE if the firm does not do work relevant to the airport's concessions program.