49 C.F.R. § 23.35 What is the personal net worth standard for disadvantaged owners of ACDBEs?
Title 49 - Transportation
The personal net worth standard used in determining eligibility for purposes of this part is $750,000. 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.
Title 49: Transportation
PART 23—PARTICIPATION OF DISADVANTAGED BUSINESS ENTERPRISE IN AIRPORT CONCESSIONS
Subpart C—Certification and Eligibility of ACDBEs
§ 23.35 What is the personal net worth standard for disadvantaged owners of ACDBEs?