TO: AC Transit Board of Directors
FROM: Kathleen Kelly, Interim General Manager/Chief Executive Officer
SUBJECT: Disadvantaged Business Enterprise
BRIEFING ITEM
AGENDA PLANNING REQUEST: ?
RECOMMENDED ACTION(S):
Title
Consider receiving the Disadvantaged Business Enterprise (DBE) Semi-Annual Payment Report for the period of October 1, 2024, through March 31, 2025.
Staff Contact:
Phillip Halley, Interim Director of Civil Rights & Compliance
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
Initiative - Financial Efficiency and Revenue Maximization
The Federal Transit Administration (FTA) has mandated that AC Transit, as a recipient of DOT-assisted funding, adopt and implement a DBE program. Inclusive in the implementation is the periodic reporting to the FTA on the success and challenges of meeting established triennial DBE goals. Supporting this requirement ensures that the District remains eligible to receive FTA funding.
BUDGETARY/FISCAL IMPACT:
There is no budgetary or fiscal impact associated with this report.
BACKGROUND/RATIONALE:
On July 27, 2022, the Board adopted a 2% DBE goal for Federal Fiscal Years (FFY) 2023-2025. However, the FTA subsequently requested several follow-up consultation meetings which led to their recommendation that the District adopt a 24% DBE goal. On December 12, 2022, the Board adopted the FTA recommended 24% DBE goal for FFY 2023-2025.
The District's adopted FTA Triennial DBE Goal for FFY2023-2025 is 24% annually and is reported in two semi-annually periods: October through March, and April through September. This is the 5th required report for the FFY2023-2025 triennial period covering October 1, 2024, through March 31, 2025. There is one semi-annual report remaining for the current triennial period.
During this reporting period, the District did not meet its twenty-four percent (24%) DBE participation goal. The District awarded four federally assisted contracts valued at a total of $372,...
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