As a CSBE, what must I submit to a Bonding Company?
A corporate financial statement consisting of a balance sheet, an income statement, a cash flow statement, schedule of general and administrative expenses;
A schedule of contracts in progress and contracts completed;
A personal financial statement;
Experiences;
Three references supported by letters
What are the benefits of becoming a CSBE?
Small businesses can participate in a comprehensive program that will provide them with an opportunity to gain experience, knowledge and resources needed to strengthen and enhance their ability to compete both in the government construction contracting arena as well as in the private construction contracting arena.
What are the criteria for becoming a CSBE?
The construction related enterprise must have an actual place of business inMiami-DadeCounty
Total net worth for each owner of the firm must not exceed $1,500,000
Firm qualifier owns at least 10% of interest/issued stock
An owner can have only one certified firm in the CSBE Program
Payment of required Certification fee-$75.00; renewable annually for $25.00
Average annual gross revenues for the last three (3) years must not exceed: $10,000,000 for SIC15/NAICS 233 (Building Construction General Contractors and Operative Builders); $6,000,000 for SIC 16/NAICS 234 (Heavy Construction other than building construction; $5,000,000 for SIC 17/NAICS 235 (Specialty Trade Contractors).
