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Rail News Home Financials

4/14/2021



Rail News: Financials

FRA to study DBE, WBE participation in federally funded rail projects


"Assessing the current extent of DBE and WBE inclusion, and if any disparities exist, is necessary," said Amit Bose, the FRA's acting administrator.
Photo – fra.gov

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The Federal Railroad Administration (FRA) is conducting a nationwide study to determine whether the playing field is level for small, minority- and women-owned business enterprises (DBE, WBE) aspiring to win subcontracts from grantees receiving federal funds administered by the agency.

 “We are firmly committed to increasing equity across the American economy and ensuring that women and minority-owned businesses have a fair shot at contracting opportunities funded by federal dollars,” said FRA Acting Administrator Amit Bose in a press release. “Assessing the current extent of DBE and WBE inclusion, and if any disparities exist, is necessary to accomplish this goal."

The FRA is asking all businesses and stakeholders who were selected to take the survey to respond as soon as possible to help the administration and Congress fully understand the market and take steps to ensure it's fair and open.

In 2020, the FRA awarded more than $1 billion in grants for freight and passenger projects through numerous discretionary and competitive funding programs authorized by Congress.

To view two recent letters FRA issued inviting participants to complete the survey, visit https://railroads.dot.gov/disparity.



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