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COMMERCE BUSINESS DAILY ISSUE OF FEBRUARY 2,1998 PSA#2023Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Room 259, Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL Texas PRA-BIBE 15(6) DUE 031998 POC
Program & Administration, (303)969-5937 This project will consist of
shoulder widening and asphalt pavement overlay on 6.694 miles of
roadway for Texas PRA-BIBE 15(6), Ross Maxwell Road, Big Bend National
Park, Brewster County -- Estimate price range is between $2,000,000
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.
(0029) Loren Data Corp. http://www.ld.com (SYN# 0124 19980202\Y-0004.SOL)
Y - Construction of Structures and Facilities Index Page
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