Get WA OMWBE Personal Financial Worksheet 2003-2024

Hear this out loud PauseThe primary remedial goal and objective of the DBE program is to level the playing field by providing small businesses owned and controlled by socially and economically disadvantaged individuals a fair opportunity to compete for federally funded transportation contracts.

Hear this out loud PausePersonal Net Worth Statement for MBE/WBE Program Eligibility An individual's personal net worth includes only his or her share of assets owned separately and/or jointly, and excludes the following: Individual's ownership interest in the applicant firm; • Individual's equity in his or her primary residence.

Before You Start The DBE Application Process The disadvantaged individual applying must have a personal net-worth (PNW) of less than $1,320,000. Items excluded from personal net worth calculation include an individual's ownership interest in the applicant firm and his or her equity in their primary.

Hear this out loud PauseAll you have to do is add up the value of your total assets (i.e., everything you own) and then subtract the value of your total liabilities (i.e., what you owe) to get your net worth number.

Hear this out loud PauseBefore You Start The DBE Application Process The disadvantaged individual must be a U.S. citizen (or resident alien) and be a member of a socially and economically disadvantaged group. The disadvantaged individual applying must have a personal net-worth (PNW) of less than $1,320,000.