{"data":{"id":"us/49-cfr-23.35","jurisdiction":"us","citation":"49 CFR 23.35","heading":"What role do business development and mentor-protégé programs have in the DBE program?","body":"(a) An owner whose PNW exceeds $2,047,000 is not presumed economically disadvantaged.\n(b) The Department will adjust the PNW cap by May 9, 2027 by multiplying $1,600,000 by the growth in total household net worth since 2019 as described by “Financial Accounts of the United States: Balance Sheet of Households (Supplementary Table B.101.h)” produced by the Board of Governors of the Federal Reserve (https://www.federalreserve.gov/releases/z1/), and normalized by the total number of households as collected by the Census in “Families and Living Arrangements” (https://www.census.gov/topics/families/families-and-households.html) to account for population growth. The Department will adjust the PNW cap every 3 years on the anniversary of the adjustment date described in this section. The Department will post the adjustments on the Departmental Office of Civil Rights' web page, available at https://www.Transportation.gov/DBEPNW. Each such adjustment will become the currently applicable PNW limit for purposes of this regulation.\n(c) The Department will use formula 1 to this paragraph (c) to adjust the PNW limit:\nFormula 1 to Paragraph (c)","path":["Title 49—Transportation","Subtitle A—Office of the Secretary of Transportation","PART 23—PARTICIPATION OF DISADVANTAGED BUSINESS ENTERPRISE IN AIRPORT CONCESSIONS","Subpart C—Certification and Eligibility of ACDBEs"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-49.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:34Z","sha256":"9d61ef14e50b8cc70491020a4f124425e18c6393598a9d86549c601aec267715","source_id":"us-cfr","stale":true,"prev":"us/49-cfr-23.33","next":"us/49-cfr-23.37"},"notice":"GroundRules: Original legal text. Not legal advice."}
