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Title 49

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Displaying title 49, up to date as of 9/10/2026. Title 49 was last amended 9/09/2026.
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  1. Title 49 —Transportation
  2. Subtitle A —Office of the Secretary of Transportation
  3. Part 23 —Participation of Disadvantaged Business Enterprise in Airport Concessions
  4. Subpart C —Certification and Eligibility of ACDBEs
  5. § 23.35
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eCFR Content

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§ 23.35 What role do business development and mentor-protégé programs have in the DBE program?

(a) An owner whose PNW exceeds $2,047,000 is not presumed economically disadvantaged.

(b) The Department will adjust the PNW cap by May 9, 2027 by multiplying $1,600,000 by the growth in total household net worth since 2019 as described by “Financial Accounts of the United States: Balance Sheet of Households (Supplementary Table B.101.h)” produced by the Board of Governors of the Federal Reserve (https://www.federalreserve.gov/releases/z1/), and normalized by the total number of households as collected by the Census in “Families and Living Arrangements” (https://www.census.gov/topics/families/families-and-households.html) to account for population growth. The Department will adjust the PNW cap every 3 years on the anniversary of the adjustment date described in this section. The Department will post the adjustments on the Departmental Office of Civil Rights' web page, available at https://www.Transportation.gov/DBEPNW. Each such adjustment will become the currently applicable PNW limit for purposes of this regulation.

(c) The Department will use formula 1 to this paragraph (c) to adjust the PNW limit:

Formula 1 to Paragraph (c)

[89 FR 55088, July 3, 2024]

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