New DBE Regulations Take Effect: Implementation at the Baton Rouge Metropolitan Airport
This year, TMG will coordinate the 6th annual DBE Outreach Event for the Baton Rouge Metropolitan Airport (BRMA). Each year the BRMA and TMG invite contractors, consultants and vendors to attend the DBE workshop to learn about the Airport’s DBE Program and upcoming business opportunities. Airport staff and program managers are available to discuss project details and many small business resources are on hand to promote technical, financial and advisory services. This year there will be a special presentation to discuss the new DBE regulations that took effect in February 2011 including the increased personal net worth cap for DBE certification, increased program oversight, and revised provisions on substitution or removal of DBE firms. The Outreach Event has been greatly effective in past years to expand the quality and quantity of bids received at the Airport and it is also an excellent opportunity for small businesses to meet the big players in the Airport industry and to network for future work.
TMG Consulting is abreast of the revisions made to the Department of Transportation 49 CFR Part 26 regulations. The changes to the regulations dramatically affect current DBE programs by creating increased monitoring efforts, new reporting requirements, and a new race and gender neutral small business program requirement. TMG has researched nation-wide best practices and is prepared to respond to the needs of your agency.
If you have any questions about how the new regulations affect your current program or if your agency needs assistance in updating your DBE program and drafting the newly required Small Business Program (to be implemented by February 2012) please contact Bonnie Garrigan at (504)569-9239 Ex. 29 or email@example.com.