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COMMERCE BUSINESS DAILY ISSUE OF APRIL 9,1997 PSA#1820Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL Utah PFH & PLH 5-2(4) DUE 051597 POC
Program & Administration, (303)969-5937 This project will consit of
grading, drainage, and aggregate base on 1.457 miles of roadway for
Utah PFH & PLH 5-2(4), Wolf Creek Road, Wasatch 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. (0097) Loren Data Corp. http://www.ld.com (SYN# 0088 19970409\Y-0007.SOL)
Y - Construction of Structures and Facilities Index Page
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