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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 California PFH 74-1(4) DUE 090397 POC
Program & Administration, (303)969-5937 This project will consist of
widening, realignment and asphalt surfacing on 4.0 Kilometers of
roadway for California PFH 74-1(4), North Fork Road, Madera County --
Estimated price rang eis 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.
(0206) Loren Data Corp. http://www.ld.com (SYN# 0178 19970729\Y-0021.SOL)
Y - Construction of Structures and Facilities Index Page
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