PHOENIX, April 9, 2024 /PRNewswire/ -- B2Gnow, a leading provider of business diversity and grant management solutions, is leading the way in preparedness for the US Department of Transportation's (DOT's) newly released regulation changes relating to DBE (Disadvantaged Business Enterprise) and ACDBE (Airport Concession Disadvantaged Business Enterprise) program requirements. The company announced it will host an informative webinar on Tuesday, April 16th, at 2 pm Eastern Time, titled 2024 DBE/ACDBE Rule Update: Navigating the Latest Changes. With a robust background in the public infrastructure compliance industry, particularly in DBE/ACDBE software, B2Gnow is ready to help organizations smoothly navigate through these complex regulatory modifications.
The latest updates to USDOT's DBE and ACDBE regulations, announced today, mark a significant evolution since the last major revisions in 2014. As the landscape of technology and regulatory requirements has evolved, B2Gnow remains dedicated to ensuring its platform aligns with these changes. The modifications, which include revisions to data collection and reporting, certification standards and procedures, and participation guidelines, aim to enhance the fairness of federally assisted contracting markets, reflecting the Administration's commitment to equity and expanded opportunities within government programs.
"We understand the importance of staying ahead of regulatory shifts to effectively support our clients," said Justin Talbot-Stern, B2Gnow's Chief Executive Officer. "In anticipation of the new rules, B2Gnow has been collaborating closely with our customers to ensure a seamless transition. Furthermore, our team has been proactively evaluating the potential impacts of the DBE and ACDBE rule changes proposed by the US Department of Transportation to be ready to update the B2Gnow system," added Mr. Talbot-Stern. "We are committed to ensuring our clients have the necessary tools to efficiently navigate through these regulatory shifts. We commend USDOT on publishing a constructive and forward-looking rule update - it's good for the certified firms, it's good for the agencies, it's good for the DBE and ACDBE programs, and it's good for the community."
In anticipation of the revisions, B2Gnow has proactively researched and addressed the possible changes outlined in the DBE/ACDBE Notice of Proposed Rulemaking (NPRM), ensuring that all necessary updates to data collection, reporting, and program-specific elements will remain in compliance. With many of the new rules already aligning with B2Gnow's existing capabilities, clients can trust that B2Gnow's forward-thinking approach drives a comprehensive compliance solution specifically tailored to meet these new requirements.
To further assist organizations in understanding the forthcoming changes and requirements, B2Gnow will host an informative webinar on Tuesday, April 16th, at 2 pm Eastern Time, titled 2024 DBE/ACDBE Rule Update: Navigating the Latest Changes. This webinar will also provide insights into how the B2Gnow platform can help manage both existing and new requirements.
Please visit https://info.b2gnow.com/dbe-final-rule-changes to register for the webinar. Space is limited.
About B2Gnow:
B2Gnow is a leader in providing business diversity and grant management solutions. With a focus on compliance and equity, B2Gnow's innovative software streamlines vendor certification, project data collection, compliance, and reporting processes, ensuring transparency and fairness in contracting practices. B2Gnow maintains North America's largest database of over 500,000 certified, disadvantaged business entities, helping the federal government, more than half of state governments, hundreds of counties, cities, airports, general contractors, and Fortune 500 companies manage their supplier diversity and compliance programs through technology solutions for 25 years. For more information, visit https://b2gnow.com.
For inquiries, please contact:
Erin Westerman
B2Gnow
725 W McDowell Rd.
Phoenix Arizona, 85007
602-325-9277
[email protected]
SOURCE B2Gnow
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