49 CFR 23.35 : Transportation (§ 1.1 To Parts 1581-1699) — (§ 1.1 To Appendix To Subtitle A) — Office Of The Secretary Of Transportation (§ 1.1 To Appendix To Subtitle A) — Participation Of Disadvantaged Business Enterprise In Airport Concessions (§ 23.1 To Appendix A To Part 23) — Certification And Eligibility Of Acdbes (§ 23.31 To § 23.39) — What is the personal net worth standard for disadvantaged owners of ACDBEs?

4 Aug 2016

The personal net worth standard used in determining eligibility for purposes of this part is $1.32 million. Any individual who has a personal net worth exceeding this amount is not a socially and economically disadvantaged individual for purposes of this part, even if the individual is a member of a group otherwise presumed to be disadvantaged.

49 CFR 23.35
[70 FR 14508, Mar. 22, 2005, as amended at 77 FR 36931, June 20, 2012]