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Emerging Small Business

Mission Statement

The Oregon Department of Transportation encourages having Emerging Small Businesses on ODOT contracts. The Emerging Small Business Program creates contract opportunities for Oregon's small businesses. The program also helps remove some of the barriers which prevent small businesses from contracting with ODOT. The Emerging Small Business Program's policy is not to discriminate on the basis of race, color, sex and/or national origin when awarding and administering contracts.

What is an Emerging Small Business firm?

To qualify as an Emerging Small Business, a business must:
  • Have its principal place of business located in Oregon;
  • Be an independent business and not a subsidiary of a larger firm;
  • Be properly licensed and legally registered in the state of Oregon;
  • Have average annual gross receipts from the last three years in either of two tiers:
    • Tier I -
      • Not exceeding $1,925,199.64 for construction firms and $770,079.85 for non-construction firms.
      • Having 19 employees or less.
    • Tier II -
      • Not exceeding $3,850,399.31 for construction firms and $1,283,466.43 for non-construction.
      • Having 29 employees or less.
The current statute allows a firm to be in the Emerging Small Business program for a maximum of 12 years. If a firm meets the criteria for being an Emerging Small Business, the firm can become certified as an Emerging Small Business. Certification is done through the Certification Office for Business Inclusion and Diversity (COBID).
 

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