Public Hearing – proposed rule changes OMWBE

When:
April 26, 2017 @ 10:00 am – 12:00 pm
2017-04-26T10:00:00-07:00
2017-04-26T12:00:00-07:00
Where:
Capitol Court Building, Room 135
1110 Capitol Way S
Olympia, WA 98501
USA
Cost:
Free
Contact:
Mark Kifowit, Assistant Director of Policy
360-664-9764

OMWBE is proposing changes to rules regarding state certification and we welcome your input. The changes do not affect federal “DBE” certification    CR-102

Notice of Proposed Rule Changes

The Office of Minority and Women’s Business Enterprises (OMWBE) is proposing changes to rules regarding state certification.

The OMWBE offers state and federal certification. The changes do not affect federal “DBE” certification.

We welcome your input.

Summary of Proposed Changes
Below are highlights of the proposed rule changes. Please see attached for more information and the text of the proposed rule changes.

• Eliminate the requirement that the original application and renewal forms are notarized. The notary requirement would be replaced by a signed declaration. The purpose of this change is to save applicants time and money.

• Add the same personal net worth limit as federal certification, which is that the primary owner’s personal net worth may not exceed $1.32 million. The purpose of this requirement is to verify the applicant is an economically disadvantaged individual as required by state rule.

• Require an applicant to wait 12 months before reapplying for certification if he or has been denied certification. This intent of this requirement is to prevent businesses from restructuring ownership and control for the sole purpose of certification. This does not prevent persons from reapplying earlier if they withdraw their application.

CR-102