|
COMMERCE BUSINESS DAILY ISSUE OF JUNE 4,1997 PSA#1859Federal Highway Administration, Central Federal Lands Highway Division
(HPA-16), 555 Zang St., Lakewood, CO 80228 Y -- HIGHWAY CONSTRUCTION SOL New Mexico PFH 3-2(2) DUE 071797 POC
Program & Administration, (303)969-5937 This project will consist of
asphalt recycling and resurfacing on 7.88 miles of roadway for New
Mexico PFH 3-1(2), Holman-Taos, Taos County -- Estimated price range is
between $1,000,000 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 BondingAssistance Program and/or the STLP, please
call (800)532-1169. (0153) Loren Data Corp. http://www.ld.com (SYN# 0101 19970604\Y-0008.SOL)
Y - Construction of Structures and Facilities Index Page
|
|