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CDOT Form 718 Underutilized Dbe (Udbe) Good Faith Effort Documentation - Colorado
What Is CDOT Form 718?
This is a legal form that was released by the Colorado Department of Transportation - a government authority operating within Colorado. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is CDOT Form 718?A: CDOT Form 718 is a document used for Underutilized DBE (UDbe) good faith effort documentation.
Q: What is DBE?A: DBE stands for Disadvantaged Business Enterprise, which is a program intended to promote and provide opportunities for small businesses owned by socially and economically disadvantaged individuals.
Q: What is UDbe?A: UDbe stands for Underutilized DBE, which refers to a DBE that is underutilized in transportation-related contracting.
Q: What is good faith effort documentation?A: Good faith effort documentation refers to the evidence provided to demonstrate that a contractor has made a legitimate effort to meet DBE participation goals.
Q: Why is good faith effort documentation important?A: Good faith effort documentation is important to ensure compliance with DBE regulations and to demonstrate that equal opportunities are being provided to DBEs in transportation-related contracting.
Q: Who is required to complete CDOT Form 718?A: Contractors who are working on CDOT-funded projects and are required to meet DBE participation goals are typically required to complete CDOT Form 718.
Q: What information is included in CDOT Form 718?A: CDOT Form 718 includes information about the contractor's good faith efforts to solicit DBE participation, outreach efforts, and any specific commitments or agreements made with DBE firms.
Q: Is CDOT Form 718 specific to Colorado?A: Yes, CDOT Form 718 is specific to the state of Colorado and is used by contractors working on CDOT-funded projects in the state.
Q: Are there any penalties for not completing CDOT Form 718?A: Failure to complete CDOT Form 718 or to meet DBE participation goals can result in penalties and may affect the contractor's eligibility for future CDOT contracts.
Form Details:
- Released on January 1, 2006;
- The latest edition provided by the Colorado Department of Transportation;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of CDOT Form 718 by clicking the link below or browse more documents and templates provided by the Colorado Department of Transportation.
Download CDOT Form 718 Underutilized Dbe (Udbe) Good Faith Effort Documentation - Colorado
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