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RTA's Annual DBE Goal for Fiscal Years 2026-2028
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DESCRIPTION: Disadvantaged Business Enterprise Goal for Fiscal Years 2026-2028
AGENDA NO: Click or tap here to enter text.
ACTION REQUEST:
? Approval ? Review Comment ? Information Only ? Other
RECOMMENDATION:
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Authorize the Chief Executive Officer to implement the Disadvantaged Business Enterprise Goal of 34% for Fiscal Years 2026-2028 as it is a requirement of the Federal Transit Administration (FTA) and obtain board approval.
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ISSUE/BACKGROUND:
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Formal Board approval of the Disadvantaged Business Enterprise Goal for Fiscal Years 2026-2028 is required by the Federal Transit Administration (FTA) under 49 CFR Part 26.
It is required that overall goals must be based on demonstrable evidence of the availability of ready, willing, and able DBEs relative to all businesses ready, willing, and able to participate on your DOT-assisted contracts. The goal must reflect the determination of the level of DBE participation you would expect absent the effects of discrimination.
Staff is recommending that the Board of Commissioners approve the Disadvantaged Business Enterprise Goal of 34% for Fiscal Years 2026-2028.
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DISCUSSION:
In keeping with the requirements of 49 C.F.R. Part 26, an Overall DBE goal has been developed for DBE participation in DOT-assisted contracting by the Regional Transit Authority (RTA) of New Orleans during Fiscal Year 2026 through the Fiscal Year 2028. The RTA receives funding from the Federal Transit Administration (FTA) of the U.S. Department of Transportation (USDOT). The RTAs recommended overall DBE goal for 2026-2028 is 34% of the federal financial assistance we will expend in FTA-assisted contracts, exclusive of FTA funds to be used for the purchase of transit vehicles.
This goal identifies the relative availability of DBEs based on evidence of ready, willing, and able DBEs in relationship to all comparable businesses which are known to be avail...
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