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Small Business Transportation Resource Center

South Atlantic Region

hampton-roads-bridge-tunnel-aerial

ATTENTION- FOR INFORMATION PLEASE CONTACT THE USDOT.

Bonding Program:

Nyime J. Gilchrist

National Bonding Education Program Manager

U.S. Department of Transportation

Office of the Secretary

Office of Small and Disadvantaged Business Utilization

1200 New Jersey Avenue, SE

Washington, DC 20590

Tel: 202-366-3403

http://www.osdbu.dot.gov/

General Contact

Mark Antoniewicz

Small Business Specialist

Office of Small and Disadvantaged Business Utilization (OSDBU)

Office of the Secretary

U.S. Department of Transportation

1200 New Jersey Ave SE | W56-456 |Washington, DC 20590

(202) 366-0658

The Small Business Transportation Resource Center - South Atlantic Region assists small companies in Virginia, North Carolina, Kentucky and West Virginia, helping businesses in their quest to grow, thrive and build capacity in order to win contracts and increase our overall economy. The SBTRC operates under the United States Department of Transportation, Office of Small and Disadvantaged Business Utilization (OSDBU) and is responsible for ensuring that small businesses are treated fairly and have the opportunity to compete and be selected for federally funded transportation projects.

Help is available to small businesses in the form of:

  • One-on-one counseling
  • Notification of networking and outreach events
  • Help with DBE (Disadvantaged Business Enterprise) certification
  • Financing through USDOT Short-term Lending Program
  • Preparation for bonding through USDOT Bonding Education Program

Short-term Lending Program (STLP) enables small businesses to gain access to the financing they need to participate in transportation-related contracts. DBE Certified, SBA Certified under Section 8(a); Small Disadvantaged Business; women-owned small businesses, HUBZONE and Service-Disabled Veterans are eligible. It is recommended that a business have an established track record to apply for this program. Funding usually covers operating expenses such as awaiting receivables or hiring additional staff to cover contract demands. Funds are not available for equipment purchases, refinance of existing debt, payment of back taxes, distributions or other payments to stockholders, or 100% contract mobilization.

Bonding Education Program (BEP) partners with the surety industry to help small businesses become bond-ready. The program provides opportunities for one-on-one sessions with surety bonding professionals to help in assembling the materials necessary for a complete bond application. This program is tailored to businesses competing for transportation-related contracts and is free of charge to small business owners. The BEP is a hands-on program designed to help businesses become bond-ready and addresses topics like:

  • Business Planning and Management for Construction
  • Construction Accounting and Financial Management
  • Banking and Financing for Contractors
  • USDOT Short-term Lending Program
  • Business Continuation Plans
  • Bonding and Insurance for New and Emerging Contractors
  • Marketing, Estimating, and Bidding
  • Project Management and Field Operations
  • Claims and Dispute Resolution