{"id":6871,"date":"2023-01-10T23:06:31","date_gmt":"2023-01-10T23:06:31","guid":{"rendered":"https:\/\/www.smartvine.net\/tsg\/?page_id=6871"},"modified":"2023-03-22T17:04:26","modified_gmt":"2023-03-22T17:04:26","slug":"cbe-sbe-compliance","status":"publish","type":"page","link":"http:\/\/www.smartvine.net\/tsg\/cbe-sbe-compliance\/","title":{"rendered":"CBE\/SBE Compliance"},"content":{"rendered":"

[vc_row css=”.vc_custom_1679503612630{padding-top: 40px !important;}”][vc_column][vc_column_text]TSG can be hired on to help projects meet their 35% CBE involvement and stay in compliance with first source requirements of 70% of common labor hours performed by DC residents.<\/p>\n

TSG can be hired directly by GC\u2019s as a first tier subcontractor to ensure projects don\u2019t get behind on their numbers results in devastating fees.<\/p>\n

TSG can also be hired on by subcontractors when GC\u2019s pass CBE and first source responsibilities onto them. TSG is an easy and convenient way to get credit towards both requirements.<\/p>\n

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Definition:<\/h3>\n

\u201cCertified Business Enterprise<\/strong>\u00a0(CBE<\/strong>) is a business that is headquartered in the District of Columbia and has been certified by the Department of Small and Local Business Development (DSLBD). Businesses with\u00a0CBE<\/strong>\u00a0certification receive preferred procurement and contracting opportunities.\u201d<\/p>\n

Source: <\/strong><\/em>https:\/\/dslbd.dc.gov\/page\/certification-faqs<\/em><\/strong><\/a><\/p>\n

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Requirements:<\/h3>\n

\u201cDevelopers that enter into CBE Agreements<\/strong> with the District on private projects are required to subcontract<\/strong> at least 35 percent of the project\u2019s adjusted budget to CBEs<\/strong>. In total, DSLBD\u2019s mandate includes eight (8) compliance and enforcement programs.\u201d<\/p>\n

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\u201cAn individual, or business entity, seeking to develop or purchase District government-funded or assisted property or land, must enter into an agreement with the city to become partners in providing business opportunities to local firms certified through the Department of Small and Local Business Development (DSLBD). These agreements, or CBE Agreements, are executed by the DSLBD and are monitored to determine the achievement of 35 percent CBE utilization over the life of the project\u2019s construction<\/strong>.\u201d<\/p>\n

Source: <\/strong><\/em>https:\/\/dslbd.dc.gov\/service\/developer-project-compliance<\/em><\/strong><\/a><\/p>\n

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Explanation:<\/h3>\n

When it comes to developing in the District of Columbia it is best to team up with a company that understands the requirements enforced by DSLBD. There are a few ways that getting involved with TSG, a Certified Business Enterprise, can help you achieve your required minimum of 35% CBE utilization.<\/p>\n