Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF MARCH 12,1996 PSA#1549

Contracting Officer (fcp-b), Thayer Hall, Room 211, USCG Reserve Training Center, Yorktown VA 23690-5000

Z -- EROSION REPAIR AT QUARTERS A WATERFRONT SOL DTCG41-96-B-QWB019. Due 041696. POC Mrs Sharon K Griffin, Contract Specialist (804) 898-2219; Ms Barbara S Whitely, Contracting Officer (804) 898-2332. CORRECTION. The range for this procurement is $25,000-$100,000. The bid opening date remains 16 April 1996. The financial assistance notice is hereby corrected to read: This notice is for informational purposes for Minority, Women-Owned and Disadvantaged Business Enterprises: 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, payment and performance bonds up to $1.0 million per contract. The DOT provides an 80 percent 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 regarding the bonding and lending programs, please call the DOT Office of Small and Disadvantaged Business Utilization at (800) 532-1169. For information concerning the acquisition, contact the contracting official listed above. (065)

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