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COMMERCE BUSINESS DAILY ISSUE OF MARCH 18,1996 PSA#1553Federal Highway Administration, Central Federal Lands Highway Division
(HPC-16), P.O. Box 25246, Denver, CO 80225 Y -- HIGHWAY CONSTRUCTION SOL California PFH ERFO 4-1(12) DUE 043096
POC Planning & Coordination, (303)969-5937 This project will consist of
grading, drainage, asphalt surfacing, bridge rehabilitation, and slide
repair on 17.0 miles of roadway for California PFH ERFO 4-1(12), Van
Duzen-Peanut, Trinity 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. (0074) Loren Data Corp. http://www.ld.com (SYN# 0194 19960315\Y-0030.SOL)
Y - Construction of Structures and Facilities Index Page
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