W/MBE & DBE Rules and Certifications
Overview
With President Biden’s $2 trillion plan to overhaul and upgrade the nation’s infrastructure, certification of qualified businesses and working with certified firms will be more important than ever. Companies on all ends of the process will need to meet the ever increasing challenges of W/MBE and DBE certification and compliance.
Join Marcum and Kaufman Dolowich & Voluck for a discussion on key facets of becoming certified, maintaining status, and complying with W/MBE and DBE firms:
BECOMING W/MBE & DBE CERTIFIED
- Eligibility for qualification
- Corporate formations for start-ups, buy-ins, and succession
MAINTAINING W/MBE & DBE STATUS
- Accounting, tax and financial issues
- Corporate governance and record keeping
- CUF – commercially useful function
COMPLYING WITH W/MBE & DBE RULES
- GFE – good faith efforts
- Goals and waiver/modification
- Best practices and avoiding problems
Moderators
Ira Kantor, CPA, Construction Services Director, Marcum LLP
Erik Ortmann, Esq., Partner and Vice-Chair of Construction Practice, Kaufman, Dolowich, & Voluck LLP
Panelists
Elizabeth Marchionni, Esq., Partner, Construction Law, Kaufman, Dolowich, & Voluck LLP
Lisa Ricciardi, CPA, CCA, Construction Services Partner, Marcum LLP