What is the purpose of the Illinois SBE 2025 form?
The Illinois SBE 2025 form is used to document the participation of disadvantaged business enterprises (DBEs) in a project’s Utilization Plan. It ensures that DBEs are recognized and that their contributions to the project are accurately reported.
Who needs to complete the SBE 2025 form?
This form must be completed by the prime contractor for each DBE participating in the Utilization Plan. Each DBE involved in the project needs a separate form attached to the Utilization Plan.
What information is required on the SBE 2025 form?
The form requires details such as the subcontractor registration number, contract number, work pay item number, description of work, quantities, unit prices, total amounts, and any partial payment items. It also includes a commitment section where the prime contractor and DBE firm certify the accuracy of the information provided.
What should be done if more space is needed on the form?
If additional space is required, the prime contractor should complete another SBE 2025 form for that firm. This ensures that all necessary information is captured without overcrowding the existing form.
What is meant by a "commercially useful function" in the context of this form?
A commercially useful function refers to the role that the DBE firm will play in the project. It means that the DBE is responsible for managing the work and is not simply a pass-through entity. The DBE must perform a substantial portion of the work to qualify for participation.
What happens if changes need to be made after submitting the SBE 2025 form?
Any changes to the information provided on the SBE 2025 form require prior approval from the Department’s Bureau of Small Business Enterprises. It is crucial to maintain accurate records and communication regarding any modifications.
What are the consequences of failing to provide accurate information on the form?
Failure to provide complete and accurate information can lead to the contract not being awarded. It is essential for both the prime contractor and the DBE firm to ensure that all details are correct to avoid any issues.
What is the significance of the signatures on the form?
The signatures of both the prime contractor and the DBE firm serve as a certification that the information is true and correct. It also indicates that the DBE has agreed to perform the work outlined in the contract.
Where should the completed SBE 2025 form be submitted?
The completed form should be attached to the Utilization Plan and submitted as part of the overall documentation for the project. Ensure that it is submitted within the required timeframe to avoid delays.
Is there a specific format for the SBE 2025 form?
Yes, the form has a specific format that must be followed. It has been approved by the State Forms Management Center, and it is important to use the most current version to ensure compliance with state regulations.