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Why do I have to submit personal net worth information to get certified as a DBE or FAA DBE?

April 26, 2017certified dbe FAA NET submit worth

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Why do I have to submit personal net worth information to get certified as a DBE or FAA DBE?

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In the new DBE rules, issued by the DOT, individuals applying for DBE certification must provide documents supporting their claim of economic disadvantage. To accomplish this, DOT established a Personal Net Worth (PNW) requirement. Applicants must complete and submit as part of the Certification application a PNW form.