Statement from Administrator Mills on Continuing Support for Small Businesses through SBA Recovery Programs.

WASHINGTON - SBA issued the following statement today from Administrator Karen Mills regarding efforts to ensure continued funding for two key provisions in the American Reinvestment and Recovery Act (ARRA) of 2009:

• U.S. Small Business Administration News Release (.pdf 32K)

Nevada Department of Transportation is pleased to present the following opportunities provided by the Small Business Transportation Resource Center, Southwest Region (SBTRC-SW):

The short-term lending program is for certified DBE/8a/Hub Zone/SDVOB firms who have been awarded a transportation contract. Maximum amount of the loan is $750k where the account receivables of the contract are utilized as collateral. the participating lender is National Bank of California. The bank is based in Los Angeles, however they are lending in Arizona and Nevada.

The Bonding assistance program is the certified DBEs who compete on RECOVERY funded DOT projects. Regardless if the DBE firm is not awarded a contract, the US DOT will reimburse any bonding fees associated with the transportation contract. The reimbursement program expires September 8, 2010, thus it is crucial to inform DBEs of this program.

Short-Term Lending Workshop Calendar Flyer (.pdf 51k)

DBE Arra Bonding Assistance Program Brochure (BAP) Flyer (.pdf 538k)

Application for Reimbursement of Bond Fees Flyer (.pdf 96k)
 

May 26, 2009
Tuesday, 7:30 a.m. to 11 a.m. 

AGC Northern Nevada
5400 Mill Street
Reno, NV
 

The following topics will be discussed at the American Recovery and Reinvestment Act (ARRA) economic stimulus package contractor and subcontractor business networking event:

• NDOT and local public agencies from Northern Nevada will provide an overview of upcoming transportation construction projects.

• NDOT will address outreach efforts to encourage contractors to partner with local Disadvantaged Business Enterprise firms and vendors that are interested in bidding for the work on these projects.

• NDOT and local public agencies will be available to discuss the other major projects in Nevada. Representatives will answer questions from the participants about how to approach NDOT, local public agencies and their traditional prime contractors about securing work on these contracts.

The meeting will then break up into a session where subcontractors and suppliers will be able to sit with the prime contractors and discuss their businesses and the services they offer.

This meeting will officially start at 7:30 a.m. with a formal presentation.

If you have questions regarding this workshop please contact Roc Stacey, NDOT, Contract Compliance Manager, at (775) 888-7497.

Please RSVP by Friday, May 22, 2009, to Kari Rhodes at (775) 888-7497.

Requests for auxiliary aids or services to assist individuals with disabilities should be made with as much advance notice as possible to Julie Maxey, NDOT Public Hearings Officer, at (775) 888-7171.
 

The following links provide the latest information regarding the Stimulus Package and DBE opportunities.

http://www.recovery.gov/

http://www.stimuluswatch.org/project/by_state

PARTNERING THROUGH DIVERSITY. This seminar is designed to assist qualified small businesses through the maze of DBE certification. Also offered will be presenters from Arizona state government offices to explain how to find and take advantage of business opportunities.

This seminar is sponsored by the Mohave Community College Small Business Development Center in partnership with the Laughlin Chamber of Commerece and SBDC, The Arizona Department of Transportation, The Nevada Department of Transportation, The Arizona Department of Commerce and The State Procurement Office and BidSource.

Don't miss out on the FREE seminar! RSVP by February 13, 2009 as seating is limited! Please read the attached flyer for registration information:

• SBDC ADOT Flyer - February 2009 (.pdf 980K)