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COMMERCE BUSINESS DAILY ISSUE OF MAY 20,1998 PSA#2099Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Room 259, Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL CA FH 124-1(3), Soda Springs -- Auburn
DUE 071698 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 grading, drainage
and asphaltic surfacing on 6.903 miles of roadway for CA FH 124-1(3),
Soda Springs -- Auburn, Placer County, California -- Estimated price
range is between $10,000,000 and $20,000,000. 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. (0135) Loren Data Corp. http://www.ld.com (SYN# 0109 19980520\Y-0003.SOL)
Y - Construction of Structures and Facilities Index Page
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