Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF APRIL 24,1998 PSA#2081

Federal Highway Administration, Central Federal Lands Highway Division (HPA-16), 555 Zang St., Room 259, Lakewood, CO 80228

Y -- HIGHWAY CONSTRUCTION SOL SD PFH 26-2(4) DUE 060498 POC Program & Administration, (303)716-2014 WEB: Information regarding solicitation opportunities, http://www.cflhd.gov. E-MAIL: Requests for information and plans and specifications, alucero@road.cflhd.gov. This project will consist of road reconditioning, drainage, hot asphalt concrete pavement, and guardrail installation on 2.9 miles of roadway for South Dakota PFH 26-2(4), Nemo-Sturgis, Black Hills National Forest, Meade 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. (0112)

Loren Data Corp. http://www.ld.com (SYN# 0097 19980424\Y-0009.SOL)


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