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Construction Blog

Our blog is your one-stop-shop for the latest insights, information and legal developments affecting the construction industry.

Construction Blog
April 13, 2017

Certification - Have you thought about the future?

There are three main types of enterprise certifications for businesses: Women-Owned Business Enterprise (“WBE”), Minority-Owned Business Enterprise (“MBE”) and Disadvantaged Business Enterprise (“DBE”). To obtain certification, the ownership, management, and control must be at least 51% women, minority or disadvantaged, depending on which certification you are obtaining. As those who are certified know, these certifications can result in numerous contracts, since a certain percentage of many governmental contracts are required to go to certified companies. In addition to governmental work, some private companies have started hiring a larger percentage of certified companies.