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COMMERCE BUSINESS DAILY ISSUE OF MARCH 7,1997 PSA#1797Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL Wyomng PFH 24-1(1) DUE 041797 POC
Program & Administration, (303)969-5937 This project will conist of
pavement recycling, drainage, and hot asphalt pavement on 16.416
Kilometers of roadway for Wyoming PFH 24-1(1), East Side Flaming Gorge,
Sweetwater 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 amy 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 alos 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.
(0063) Loren Data Corp. http://www.ld.com (SYN# 0126 19970307\Y-0003.SOL)
Y - Construction of Structures and Facilities Index Page
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