Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JULY 13,1995 PSA#1387

Federal Highway Administration, Central Federal Lands Highway Division (HPC-16), P.O. Box 25246, Denver, CO 80225

Y -- HIGHWAY CONSTRUCTION SOL California PFH 7-4(7) DUE 081795 POC Planning & Coordination, (303)969-5937 This project will conisst of slide repair, drainage, recycling and resurfacing on 6.0361 miles of roadway for California PFH 7-4(7), Mendocino Pass Road, Glenn County--Estimated price range is 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. (0192)

Loren Data Corp. http://www.ld.com (SYN# 0181 19950712\Y-0036.SOL)


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