To be certified by the Department as a Diverse Business Enterprise, a business will meet all of the following criteria:
- (1) Have less than Five Hundred (500) total employees.
- (2) Have an annual revenue equal to or less than Twenty-Five Million Dollars ($25,000,000).
- (3) Be Oklahoma Owned and Operated.
- (4) Be registered to do business with the Oklahoma Secretary of State, if applicable.
- (5) Not be a publicly traded company.
(6) Meet one or more of the following criteria:
(A) Certified by the United States Small Business Administration as one or more of the following types of entities:
- (i) Woman-Owned Small Business
- (ii) Minority-Business Enterprise
- (iii) Small Disadvantaged Business
- (iv) Service-disabled Veteran-Owned Small Business
- (v) HUBZone Small Business Concern
- (vi) 8(a) Business Development Program member.
(B) Fifty-one percent (51%) or more owned and controlled by a member of one of the following diverse groups:
- (i) Native Americans,
- (ii) United States Military Veterans,
- (iii) Women,
- (iv) Racial Minorities.
- (C) An Oklahoma Department of Transportation Disadvantaged Business Enterprise.
Added at 39 Ok Reg 269, eff 11-30-21 (emergency)
Added at 39 Ok Reg 875, eff 9-11-22