If you’re the owner of a local small (LSB) or diverse business (LDB), RiSE can connect you to RTC-funded contracting opportunities. By becoming RiSE-certified, your business will become more discoverable by agencies looking for firms that are ready, willing, and able to work on infrastructure projects. The mission is to expand business opportunities for small, minority, and women-owned companies on RTC-funded infrastructure projects.
The goal is to award 10% of all RTC-funded projects to local small and diverse businesses.
- Promotes economic opportunities for (LSBs) and (LDBs)
- Help LSBs and LDBs become more competitive in the bidding process
- Provides technical assistance to all certified firms
Frequently Asked Questions
What is the small business Personal Net Worth (PNW) annual not to exceed amount? What is the small business size criteria average gross receipt not to exceed amount?
To meet the personal net worth criteria, individual owners must have a personal net worth not exceeding $1.32 Million (excluding ownership interest in the firm, retirement fund assets, and equity value of primary residence). To meet the Small Business Administration criteria, The firm’s average gross receipts over the last three years must not exceed $22.410 million. There are different size limits for various categories of businesses.
RiSE certification helps you compete for contracts on RTC-funded infrastructure projects. Your firm can also receive technical support at no cost to you.
A contractor’s license and local jurisdiction business license with a Southern, NV address.
Re-certification is required every three years.
What opportunities are available to help me engage with contractors and jurisdictions interested in using RISE certified businesses?
The RTC and its community partners will help connect certified businesses with contractors and jurisdictions through solicitation meetings and networking events.
Will the status on the goal be communicated publicly to keep the local small and diverse community aware of progress?
Updates on the RISE business participation goal will be reported bi-annually to keep the community, jurisdictions, board members and contractors current on program progress.
Will contractors be required to use RISE certified businesses on Southern Nevada infrastructure projects?
Contractors are strongly encouraged to u se the RiSE certified businesses. The participation goal for professional services is 2 percent, and 8 percent for construction projects. The goals apply to RTC funded projects.
Yes! Call 702-676-1507 or email [email protected] and we are happy to walk you through the process.
How long will it take to complete the application including the certification process? What if I am unable to upload the required documents once the application is submitted?
Once the application is submitted, it will take approximately 30 days to review and process the certificate. If all required documents are not submitted at the time the application is reviewed, the applicant will have 10 business day to respond to an Request for Information (RFI).
Once certified your company will receive a RISE certificate. The firms will be listed in the RISE database accessible to contractors and jurisdictions.
Will there be a published listing of RISE local small and diverse certified businesses for contractors and jurisdictions to access?
Yes. A database of certified firms will be accessible on-line.
If my firm is currently registered as a Local Small Business (LSB), do I still need to certify for the RISE Local Small & Diverse Business program?
Yes, all LSB’s and DBE’s are required to submit an application for certification.
Small Business Top 10 Tips
- Get RiSE Certified
- Register on Nevada Government eMarketplace (NGEM ngemnv.com)
- Be prepared with a capabilities statement
- Find your niche or specialty and pursue that work
- Research your industry, know your customer and look for partnering
- Familiarize yourself with the solicitation documents, scope of
work/services and specifications to ensure you can meet the
- Maintain active certifications, insurance, contractor’s and business
- Take advantage of pre-solicitation meetings
- Know your capacity – stay in your lane
- Network, Network, Network
FOR MORE INFORMATION, email us at [email protected]