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COMMERCE BUSINESS DAILY ISSUE OF MAY 3,1996 PSA#1587Federal Highway Administration, Central Federal Lands Highway Division
(HPC-16), P.O. Box 25246, Denver, CO 80225-0246 Y -- HIGHWAY CONSTRUCTION SOL Arizona ERFO 225(1) DUE 061396 POC
Planning & Coordination, (303)969-5937 This project will consist of
grading, drainage, asphalt surfacing, and bridge construction (160'
prestressed concrete girder) on 0.104 miles of roadway for Arizona ERFO
225(1), Wiggins Crossing, Coconino County -- Estimated price range is
between $500,000 and $1,000,000. 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. (0122) Loren Data Corp. http://www.ld.com (SYN# 0109 19960502\Y-0006.SOL)
Y - Construction of Structures and Facilities Index Page
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