The Federal Highway Administration (FHWA) today announced $10 million in funding from the Disadvantaged Business Enterprise/Supportive Services (DBE/SS) program to help eligible small businesses compete for federal highway contracts.
“With these funds, state transportation departments will help minority- and women-owned businesses across the country create jobs and better compete for resources for transportation projects nationwide,” Deputy Federal Highway Administrator Stephanie Pollack said in a statement.
A DBE is considered a for-profit, small business owned and controlled by minorities, women or other socially and economically disadvantaged individuals or, in the case of a corporation, one in which 51% of the stock is owned by one or more such individuals, FHWA says.
