Section 3: Payment Reporting when a DBE is a Prime Contractor
Anchor: #i1002140Overview
Before payment audits, the District needs to ensure that the processes described in Chapter 9, Section 3 of this manual have been completed.
DMS tracks payments to DBE prime contractors as the remaining amount after payments are made to all certified and non-certified subcontractors. This method requires that all subcontractors are tracked. For example:
|
TxDOT total payments to prime contractor |
$1,000000.00 |
|
Prime payments to DBE certified subs |
$(100,000.00) |
|
Prime payments to non-DBE certified subs |
$(150,000.00) |
|
Goal credit of DBE prime contractor |
$750,000.00 |
|
Total DBE goal credit on Project |
$850,000.00 |
|
TxDOT total payments to prime contractor |
$1,000,000.00 |
Anchor: #i1002156
DMS Process for a DBE Prime Contractor
The DBE prime contractor will be required to report payments to all of their subcontractors, including all DBE and non-DBE subcontractors.
All subcontractors will be required to respond to requests for verification of payment.
