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COMMERCE BUSINESS DAILY ISSUE OF JULY 29,1997 PSA#1897Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL Utah PFH 5-1(1) DUE 090497 POC Program
& Administration, (303)969-5937 This project will conist of grading,
base, and bridge replacement (83-foot precast, prestressed concrete
girder) on a maximum 0.445 miles of roadway for Utah PFH 5-1(1), Wolf
Creek Road, Duchesne County -- Estimated price range is between
$500,000 and $1,000,000. 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.
(0206) Loren Data Corp. http://www.ld.com (SYN# 0174 19970729\Y-0017.SOL)
Y - Construction of Structures and Facilities Index Page
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