OSDBU is pleased to make the Fall DOT Biz Journal available for download. This issue is chock full of highlights on several small business programs and events that have been held recently by the OSDBU across the country, as well as important information on planned and potential procurement opportunities for federal and state transportation-related contracts. Recent and ongoing programs highlighted include several DOT Safety Days hosted by the OSDBU’s Small Business Transportation Centers and the continuation and expansion of the hugely successful Bonding Education Program in its second year into several cities around the nation.
With the beginning of the fiscal year on October 1st, OSDBU released its FY 2012 Procurement Forecast and we provide an overview of how to search the online system for potential opportunities with the Department in the next 12 months. This edition also discusses some of the key transportation infrastructure proposals that are included in President Obama’s American Jobs Act presented to Congress in September. Also included are articles on the states of Illinois and Maine multi-year transportation plans which provide key insight into planned highway, bridge and transit projects in their states in the coming years as part of the regular Follow the Money feature. (Reference DOT electronic notifications 31 Oct 2011)
Click the following link to download the DOT Biz Journal [Download]
On November 17th, 2010, the U.S. Department of Transportation’s Office of Small and Disadvantaged Business Utilization (OSDBU) hosted an event to develop stronger working relationship between OSDBU’s Financial Assistance Division, Participating Lenders and Small Business Transportation Resource Centers (SBTRCs).
“We are very excited to have our SBTRCs and Participating Lenders from all over the country here at DOT Headquarters to learn and share ideas to help small businesses obtain working capital. The energy and enthusiasm of today’s event will be channeled to each region, increasing opportunities for small businesses to grow,” remarked Brandon Neal, OSDBU Director.
DOT OSDBU’s Short-Term Lending Program (STLP) helps small businesses gain access to the financing they need to participate in transportation-related contracts. STLP provides certified DBE's and other certified small businesses short term working capital financing at competitive interest rates for DOT or DOT funded contracts and subcontracts. The loan guarantee provides a revolving line of credit for work on transportation-related contracts.
Today, the Department of Transporation (DOT) released it's FY 2011 procurement forecast. To view and print the forecast please click here.
The US DOT/OSDBU ihas issued the Spring 2010 edition of the DOT Biz Journal and it is available for download. In this issue the DOT/OSDBU highlights the recent OSDBU Small Business Summit attended by over 700 individuals from across the nation who came together to learn strategies from industry and government leaders to meet the demands of the competitive small business environment in the transportation industry. Also included in this Spring edition is a summary of DOT's proposed funding under President Obama's 2011 budget.
You will also find information on the Small Business Administration's proposed rule to expand access to federal contracting opportunities for women -owned small businesses and will learn about a Short Term Lending Program success story on HydroTech, Inc, a Nevada based woman-owned 8(a), HUBZone certified company. In addition, the DOT includes their regular features including Follow the Recovery Money and the upcoming Calendar of Events.
Click the following link to download the DOT Biz Journal (PDF)