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COMMERCE BUSINESS DAILY ISSUE OF MARCH 4,1997 PSA#1794Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL California PFH 137-1(2) DUE 042297 POC
Program & Administration, (303)969-5937 This project will consist of
grading, drainage, and hot asphalt pavement on 10.327 Kilometers of
roadway for California PFH 137-1(2), Wentworth Springs Road, El Dorado
County -- Estimated price range is between $5,000,000 and $10,000,000.
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.
(0059) Loren Data Corp. http://www.ld.com (SYN# 0107 19970304\Y-0008.SOL)
Y - Construction of Structures and Facilities Index Page
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