Recent news

DOT Revises DBE & ACDBE Rules: What Businesses Should Know
Recent updates from the U.S. Department of Transportation (DOT) introduce revisions to the Disadvantaged Business Enterprise (DBE) and Airport Concessions DBE (ACDBE) programs. These changes are intended to improve program consistency, strengthen compliance standards, and enhance how certification and eligibility are reviewed across agencies.
For small, minority-owned, and disadvantaged businesses, these updates may have a direct impact on certification processes, reporting requirements, and long-term participation in government contracting opportunities. Businesses that are currently certified—or in the process of applying—should take time to understand how these changes may affect their status and future eligibility.
These regulatory updates also highlight the importance of maintaining accurate documentation, financial transparency, and compliance readiness. As requirements evolve, businesses that stay informed and properly structured are better positioned to compete for city, state, federal, and airport-related contracting opportunities.
At EF3 Consulting LLC, we help businesses navigate MBE, DBE, and related certification processes while also supporting them in strengthening their positioning for government and institutional contracting. Our goal is to help clients stay compliant, competitive, and prepared to take advantage of new opportunities as regulations and procurement systems continue to evolve.
👉 Read the full article here: https://www.kaplankirsch.com/resources-and-news/dot-revises-all-dbe-and-acdbe-rules/

Navigating the NYS Contract Reporter: Accessing Opportunities and Maximizing Functionality
A webinar titled “Navigating the NYS Contract Reporter: Accessing Opportunities and Maximizing Functionality” will take place on June 2, 2026 at 3:00 PM (Eastern Time). This session is designed to help businesses better understand how to use the NYS Contract Reporter platform to identify contracting opportunities for services and commodities across New York State.
Participants will learn how to effectively search, filter, and interpret listings within the system, allowing them to more efficiently discover relevant bids and procurement opportunities. The training will also provide guidance on how to maximize platform features to stay informed about active and upcoming contracts.
For small businesses, minority-owned firms, and contractors seeking to grow in the public sector, mastering tools like the NYS Contract Reporter can significantly improve access to city and state contracting pipelines. Understanding how to consistently identify and respond to opportunities is key to building a strong government contracting strategy.
At EF3 Consulting LLC, we help businesses strengthen their readiness for government contracting by providing guidance on certification, procurement strategy, and access to opportunity pipelines like the NYS Contract Reporter.
👉 Register for the webinar here: https://esdnys.zoom.us/webinar/register/WN_AWgVCDWPRWqDLai2PWK_dw#/registration

Creating a Sustainable Financial Model for Your Nonprofit
A strong financial model is essential for nonprofit organizations seeking long-term stability, growth, and mission success. Recent insights highlight the importance of building financial systems that can adapt to changing economic conditions, shifts in funding sources, and evolving community needs while still supporting core programs and services.
Developing a sustainable financial model begins with clearly defining organizational goals and aligning financial planning with mission-driven priorities. Nonprofits are encouraged to regularly assess their current financial position, establish realistic budgets, and ensure they are not overly dependent on a single source of funding. Diversifying revenue streams—such as grants, donations, earned income, and partnerships—can significantly improve financial resilience and reduce risk.
Equally important is implementing strong internal financial controls and ongoing risk management practices. This includes monitoring expenses, maintaining accurate reporting systems, and creating reserve funds to help organizations weather unexpected challenges. Long-term sustainability also requires continuous evaluation of financial performance and adjusting strategies based on data and outcomes.
At EF3 Consulting LLC, we support nonprofits and mission-driven organizations in strengthening their financial planning, improving operational structure, and building sustainable systems that support long-term impact and growth.
👉 Read the full article here: https://www.cfre.org/blogs/jon-osterburg/2026/03/30/creating-sustainable-financial-model