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40 CFR 33.403

§ 33.403 What is a fair share objective?

United States · 40 CFR — Protection of Environment · Status: effective

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40 CFR 33.403, § 33.403 What is a fair share objective?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/168510
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Full text

A fair share objective is an objective based on the capacity and availability of qualified, certified MBEs and WBEs in the relevant geographic market for the procurement categories of construction, equipment, services and supplies compared to the number of all qualified entities in the same market for the same procurement categories, adjusted, as appropriate, to reflect the level of MBE and WBE participation expected absent the effects of discrimination. A fair share objective is not a quota.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.