|
COMMERCE BUSINESS DAILY ISSUE OF MAY 11,1995 PSA#1344Federal Highway Administration, Central Federal Lands Highway Division
(HPC-16), P.O. Box 25246, Denver, CO 80225 Y -- HIGHWAY CONSTRUCTION SOL Utah PFH 49-1(1) DUE 062295 POC Planning
& Coordination, (303)969-5937 This project will consist of a hot
asphalt concrete overlay on 8.481 miles of roadway for Utah Forest
Highway 49-1(1), Monticello-Newspaper Rock, San Juan County.--Estimated
price range is $1,000,000 to $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. (0129) Loren Data Corp. http://www.ld.com (SYN# 0150 19950510\Y-0010.SOL)
Y - Construction of Structures and Facilities Index Page
|
|