Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF MAY 11,1995 PSA#1344

Federal Highway Administration, Central Federal Lands Highway Division (HPC-16), P.O. Box 25246, Denver, CO 80225

Y -- HIGHWAY CONSTRUCTION SOL New Mexico PLH 1352(13) DUE 062795 POC Planning & Coordination, (303)969-5937 This project will consist of grading, drainage, and asphalt surfacing on 3.503 miles of roadway for New Mexico PLH 1352(13), State Route 537, Rio Arriba County.--Estimated price range is between $1,000,000 and $5,000,000. The Department of Transportation (DOT) Office of Small and Disadvantaged Business Utilization (OSDBU), has programs to assist minority, women-owned and disadvantaged business enterprises to acquire short-term working capital and bonding assistance for transportation-related contracts. This is applicable to any eligible prime or subcontract at any tier. The DOT Bonding Assistance Program enables firms to apply for bid, performance and payment bonds up to $1.0 million per contract. The DOT provides an 80% guaranty on the bond amount to a surety against losses. Loans are also available under the DOT Short Term Lending Program (STLP) at prime interest rates to provide accounts receivable financing. The maximum line of credit is $500,000. For further information and applicable forms concerning the Bonding Assistance Program and/or the STLP, please call (800) 532-1169. (0129)

Loren Data Corp. http://www.ld.com (SYN# 0151 19950510\Y-0011.SOL)


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