# @couventcollective on TikTok

- **Type:** Video
- **Original URL:** https://www.tiktok.com/@couventcollective/video/7560369630842195230
- **Gondola URL:** https://gondola.cc/posts/38457815-couventcollective-tiktok
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/ee946ca150.jpg
- **Posted:** 2025-10-12T16:15:46.000+00:00
- **Account Owner:** Kim

## Caption

🚨 IMPORTANT UPDATE FOR DBE/ACDBE CERTIFIED BUSINESSES 🚨 The U.S. Department of Transportation has issued a major rule change effective October 3, 2025 that impacts ALL Disadvantaged Business Enterprise (DBE) and Airport Concessions DBE (ACDBE) certifications. WHAT CHANGED: • Race and gender are NO LONGER presumptions of disadvantage • ALL currently certified DBE/ACDBE firms must recertify • You must now submit a Personal Narrative demonstrating specific barriers you've faced (lack of financing access, business opportunities, systemic hurdles, etc.) and how they caused financial harm • You must also submit a current Personal Net Worth statement IMMEDIATE IMPACTS: • Goal setting and several program elements are SUSPENDED until reevaluations are complete • Your certifying agency will contact you with instructions for submitting required documentation • All firms will be reevaluated under the new criteria ACTION REQUIRED: If you hold DBE or ACDBE certification, watch for communication from your certifying agency and be prepared to submit your documentation promptly. This is a significant policy shift that requires attention from all certified businesses. Make sure you understand the new requirements and respond to your certifying agency in a timely manner. #DBE #ACDBE #SmallBusiness #GovernmentContracting #DOT 

## Stats

- **Views:** 978
- **Likes:** 14
- **Shares:** 1
- **Comments:** 0

## Tags

governmentcontracting, dbe, acdbe, smallbusiness, dot

---
Copyright (c) Gondola