DBE/ACDBE Participation in Joint Ventures - Metropolitan ...

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49 CFR Parts 26 and 23 • DOT Objectives – Remedy discrimination (past and present) – Ensure non-discrimination – Meet legal standards – Improve Program Administration 1
DBE Participation in Airport Concessions • Even before the publication of 49 CFR Part 23 - “Participation by Minority Business Enterprise in Department of Transportation Programs” in March 1980, some airports had already implemented MBE/WBE programs 2
Page 1: DBE/ACDBE Participation in Joint Ve
Page 7 and 8: • At about the same time (early 8
Page 9 and 10: Why JVs • Why were joint ventures
Page 12: • The entry of developers put add
Page 16 and 17: ACDBE Participation • ACDBE parti
Page 18 and 19: Subleases • Frequently, airports
Page 20 and 21: JVs v. Subleases/Direct Contracts -
Page 22 and 23: What is the purpose of the JV Guida
Page 24 and 25: LA Times - November 18, 1989 • El
Page 26 and 27: • Introduction OIG Report June 11
Page 28 and 29: The Miami Herald - January 14, 2004
Page 30 and 31: • Airport Connections Philadelphi
Page 32 and 33: 31 Keep Keep your your company comp
Page 34 and 35: Introduction & Structure • This p
Page 36 and 37: What does Part 23 say about JVs as
Page 38 and 39: Components of a JV agreement • Im
Page 40 and 41: Combine their property, capital, ef
Page 42 and 43: Commensurate • What does “whose
Page 44 and 45: Loans of capital from the non-ACDBE
Page 46 and 47: Are service and management fees acc
Page 48 and 49: How can the value of the ACDBE role
Page 50 and 51: What if the level of participation
Page 52 and 53:
What is included in the airport’s
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Can a JV be certified as an ACDBE
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Dissolution if ACDBE becomes inelig
Page 58 and 59:
Questions Joint Venture Guidance No
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DBE/ACDBE JV Agreements ACC, Inc. N
Page 62 and 63:
Basic Elements • Most joint ventu
Page 64 and 65:
Part I - General Information • Re
Page 66 and 67:
• Ownership Interests - Establish
Page 68 and 69:
Part III - Capital Contributions
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• Representations and covenants -
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Ownership • Ownership Interests i
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• In the event that ACDBE is unab
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Management • Overall Management.
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Distribution of Profits The Managem
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Red Flag Items • Management Fees
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• Assist with developing the annu
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Reviewing your role • Carefully r
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“Assist with” or “Participate
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Is easier, but… • Make sure tha
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Example 1 • The ACDBE ownership o
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Example 1 - continued • Now, let
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Example 2 • A JV between a non-AC
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Example 2 - continued • In order
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Example 3 - continued • The follo
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JVs can provide an opportunity, but
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DBE/ACDBE Participation in Joint Ventures - Metropolitan ...

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