Compendium of Successful Practices, Strategies, and Resources in the U.S. DOT Disadvantaged Business Enterprise Program

2019 ◽  
Author(s):  
David Keen Annette Humm Keen Janine Kyritsis and Blanca Monter ◽  
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Author(s):  
Kunqi Zhang ◽  
Qingbin Cui

Pushback for public–private partnerships (P3s) comes in part from their purported favoritism toward large firms. However, no study has empirically verified this claim. This paper examined the Disadvantaged Business Enterprise (DBE) program to assess whether delivery methods play a role in the participation of minority- and women-owned firms in federally assisted transportation contracts. A sample of 134 contracts from the US Major Transportation Project Database served as the dataset to run linear regressions. Results revealed that P3 associates with higher DBE goals than design–bid–build (DBB). Plausible explanations include P3 being associated with a larger contract size, more public attention, more potential subcontracting opportunities with design included in the package, and intensified agency desire for greater diversity in DBE subcontracts. Moreover, the delivery method has an insignificant effect on DBE attainment. This paper also introduces the DBE envelope, a radar plot capable of graphically assessing DBE program implementation.


2015 ◽  
Vol 15 (3) ◽  
pp. 291-316 ◽  
Author(s):  
Kevin C. Duncan

Previous empirical studies examine the effect of asymmetries across bidders on auction outcomes. This paper tests for asymmetries in behavior when bidders are confronted with different regulatory environments. Data from federal and state highway resurfacing projects in Colorado are used to determine if bids are more aggressive when contractors switch from federal projects, with Davis-Bacon prevailing wage and Disadvantaged Business Enterprise regulations, to less-regulated state projects. Results from fixed effects estimates of winning bids indicate that the level of aggressive bidding is not altered with a change in regulations, at least not with respect to the policies and types of projects examined here.


1973 ◽  
Vol 67 (5) ◽  
pp. 256-258
Author(s):  
M. Sean McMillan ◽  
William M. Poole

Like Mr. Stevens, I am engaged in the practice of international corporate law. I would like to outline briefly my view of the role of the practising U.S. attorney whose clients are involved in international transactions—the “transnational lawyer.” These lawyers should be competent to give advice on the laws of more than one country and must be able to evaluate the relative legal advantages of particular business decisions as they are affected by the laws of one country or another. Typically, the transnational lawyer will represent a business enterprise in its operations abroad, or he may represent a foreign enterprise in connection with its operations in the United States. In the latter capacity, his considerations are generally no different than those of his fellow “domestic” corporate lawyer. Although the decisions of the foreign business enterprise may be affected by the laws of its domicile, the legal considerations for the U.S. attorney are usually those of any transaction occurring domestically.


1975 ◽  
Vol 35 (2) ◽  
pp. 428-457 ◽  
Author(s):  
Richard C. Edwards

Few would deny that the U.S. economy is today dominated by huge corporations. Much recent writing has proposed that these corporations form a stable and monopolistic (or oligopolistic) “core” around which a more competitive “peripheral” sector exists. Firms in the core are said to be “eternal,” while firms in the periphery demonstrate the mortality and high turnover expected in competitive industries. In another context, Paul Baran and Paul Sweezy emphasized the permanence of big corporations when they noted: The real capitalist today is not the individual businessman but the corporation. …The giant corporation of today is an engine for maximizing profits and accumulating capital to at least as great an extent as the individual enterprise of an earlier period. But it is not merely an enlarged and institutionalized version of the personal capitalist. There are major differences between these types of business enterprise, and at least two of them are of key importance to a general theory of monopoly capitalism: the corporation has a longer time horizon than the individual capitalist, and it is a more rational calculator.


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