Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 9,1997 PSA#1820

Federal 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)


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