Maintaining Officer Net Worth

The transportation agency is responsible for determining which individuals can be classified as economically disadvantaged and therefore qualified to benefit from participation in Federal DBE programs. To carry out this responsibility, the DBE Administrator maintains personal net worth records for each qualifying person whose ownership and control is relied upon for DBE certification.

The Officer Net Worth tab on the Vendor DBE Summary component contains an accordion list of all the net worth records for the vendor and represents a history of this vendor officer's personal net worth. Each row contains a locked record of the officer's historical net worth information and displays the Officer name and Certification Year. You can expand any row to view the following information, but you cannot make changes:

To change an officer's net worth, you must add a new net worth record by clicking the New button. For more information, see Adding an Officer Net Worth Record.

When you have finished maintaining officer net worth information, click the Save button to apply your changes to the system (including deleted information). The system displays a message to confirm that your changes were saved in the database.