What does the incentive program – DBE/ESBE/SBE participation – mean to a contractor?
A. The incentive program has two major benefits to prime contractors. First, the program gives the contractors the opportunity to work with newly-certified DBEs. Second, prime contractors who use first time, approved DBEs, will receive credit toward their goal percentage equal to the actual dollar amount subcontracted to the DBE/EESBE/SBE. The total project credit limit is 2 percent of the total bid price not to exceed $200,000.