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COMMERCE BUSINESS DAILY ISSUE OF JUNE 13,1996 PSA#1615Federal Highway Administration, Central Federal Lands Highway Division
(HPC-16), P.O. Box 25246, Denver, CO 80225-0246 Y -- HIGHWAY CONSTRUCTION SOL Wyoming PFH 25-1(1) DUE 072596 POC
Planning & Coordination, (303)969-5937 This project will consist of
grading, drainage, hot asphalt concrete paving and bridge construction
(51 meter prestressed concrete girder) on 0.360 kilometers of roadway
for Wyoming Forest Highway 25-1(1), Buffalo Valley Loop Road, Teton
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.
(0163) Loren Data Corp. http://www.ld.com (SYN# 0156 19960612\Y-0014.SOL)
Y - Construction of Structures and Facilities Index Page
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