Rebuilding
America:
Opportunities for small businesses
Increase Your Bonding Capacity
The USDOT Bonding Education Program (BEP) is designed to prepare business owners to increase their bonding capacity, which is vital for success in the construction industry. This program offers workshops, at no cost, with a minimum of 10 hours of training in Building Capacity.
It also includes one-on-one sessions with bonding experts and guidance from industry professionals to help small and disadvantaged businesses compile the necessary components for a bond application. By participating in this program, businesses can enhance their chances of winning contracts by providing customers with the assurance that they have the capability to complete the project.
New Hampshire and Rhode Island Transit, Highways, and Aviation Infrastructure Projects
We are accepting applications for the New Hampshire and Rhode Island U.S. DOT BEP. Due to limited seating, we strongly encourage you to apply ASAP. Late applications will not be accepted. Application Deadline: Monday, September 18th, 5 p.m. Late applications will not be considered.
Step 1: Application
The application is an initial assessment designed to help us understand you, your business, and bond capacity needs. You will be notified of your application status within 5-7 business days and whether you will advance to the interview round.
Bonding Education Program Criteria
To be considered for the program, applicants must be the primary owner(s), key manager(s) or administrator(s) of a business that meet the following criteria:
- Existing in business for at least (2) consecutive years
- Revenue of at least $250,000 annually
- Have a minimum of (2) full-time employees (including owner)
- Past performance in construction industry
- Pursuing transportation-related contracts
- Interested in satisfying credit, capacity, and character evaluations in consultation with a surety representative
-
Have one of the following certifications/designations:
- Small Businesses
- Service Disabled Veteran Owned Business
- DBE
- Veteran Owned Small Business
- HubZone
- Women Owned Small Business
- SDB
- 8(a)
Step 2: Virtual Interview
BEP selects applicants for a virtual interview and will choose the final cohort of participants within 7-10 days.
New Hampshire and Rhode Island Transit, Highways and Aviation Infrastructure Projects
NH/RI Bonding Education Program Schedule
| BEP Modules | Cohort A | Cohort B |
|---|---|---|
| Introductory/ |
September 13 11am - 12pm or 3pm - 4pm |
|
| Session 1: Legal Issues, Claims and Dispute Resolution | October 10 3pm - 5pm |
October 12 3pm - 5pm |
| Session 2: Construction Accounting, Financial Management & Access to Capital | October 17 3pm - 5pm |
October 19 3pm - 5pm |
| Session 3: Bonding & Insurance for New and Emerging Transportation-related Companies | October 24 3pm - 5pm |
October 26 3pm - 5pm |
| Session 4: Bidding, Estimating & Contracting Proposal | November 2 3pm - 5pm |
|
| Session 5: SBA - Surety Bond Guarantee Program & Procurement Contracting & Project Management | November 7 3pm - 5pm |
|
| Session 6: Safety Planning in Construction & Marketing to Government | November 9 3pm - 5pm |
|
| Graduation “Program Closing with Graduation and Meet the Primes” | TBD In-person |
TBD In-person |
Northeast Infrastructure
Project Opportunities
Learn how to compete and win your next government contract.
If you want to grow your business surety bonds are a necessary part of business and a part of the prequalification process to bid on construction and transportation projects.
This program has helped secure over $22M in Bond Capacity from our last four BEPs (2020-2022)
Make your business more competitive and attractive as a subcontractor, prime or joint venture partner, get guidance on the surety underwriting process, and learn how to grow your business with the backing of a surety’s balance sheet. Is your business positioned to compete and win?
The four projects that we will focus on for this BEP are:
New Hampshire
Bow-Concord section of Interstate 93
$154 Million
The New Hampshire Department of Transportation (NHDOT) and Federal Highway Administration (FHWA) proposed improvements to the Interstate Route 93 (I-93) corridor between the Town of Bow and the City of Concord, Merrimack County, New Hampshire. The basic purpose of the I-93 Bow-Concord project is to improve transportation efficiency and reduce safety problems within this approximately 4.5-mile segment of highway. Due to population growth, development, and recreational opportunities in New Hampshire, the travel demands for I-93 between Bow and Concord have exceeded the capacity of this existing four-lane facility since about 2000.
93 Exit 4A, Building Demolitions
$95 Million
The Exit 4A project will construct a new interchange on I-93 in Londonderry, about a mile north of Exit 4. The new interchange will provide access to the east side of I-93 via a new connector road (to be known as Old Rum Trail) to its connection with Folsom Road in Derry. The project will include additional road and trail improvements to Folsom Road, Tsienneto Road, and NH Route 102 (Chester Road). Stormwater system improvements will be made to protect local water resources, and multimodal improvements related to the Derry Rail Trail corridor connectivity will be added.
Rhode Island
Route 146 Reconstruction Project
$196 Million
The Rhode Island Department of Transportation recently held a groundbreaking ceremony for Route 146 Reconstruction Project. More than 171,000 vehicles daily travel the roadway between Providence and Worcester. The project will improve safety and reduce congestion along the roadway between Providence and Worcester, including work such as repaving, rebuilding the Route 146/146A interchange, adding bus-on-shoulder accommodations, building new drainage systems, replacing guardrail, and extending existing fiber-optic lines and intelligent transportation systems/traffic monitoring.
The Newport Pell Bridge Project
$85.5 Million
The reconstruction of the Newport Pell Bridge Approaches was started to address the need to make travel into Newport easy and safe and to provide an efficient ramp system with a smaller footprint. The project will reduce congestion and vehicle queuing on the Pell Bridge and improve the connection between Newport's North End and the downtown area by reconfiguring the approach ramps to the Newport Pell Bridge.The project will require detours during construction and it will involve reconstructing JT Connell Highway and Coddington Highway as well as the ramp interchange itself.
More Northeast projects will be listed soon. Check back for new opportunities
Pursue New Projects with Confidence
As a participant of the USDOT BEP, you will receive:
Surety Bond Resources
Get a prescriptive plan developed to meet the needs of your capacity and capital.
Non-Traditional
Lending Education
Learn how to obtain or increase your credit and get access to capital, technical, financial, and managerial assistance.
Specialized Training
Meet one-on-one with a surety bond professional to assemble and review your bond application.
Testimonials
“I am more prepared. The workshop has literally given me the groundwork that I need to consider beginning the bonding process. The individual professionals presented an overall view of how the various aspects of a business' performance affects its bonding capacity, detailed what I would need to move forward and provided insight into how best to align myself for success!”
-2021 BEP Participant
“The entire team is extremely supportive and genuinely cares about our growth both professional and personal. I found every session to be judgment free, information-rich, and conducive to learning and collaboration. Thank you, guys!”
-2021 BEP Participant
BEP's Mission
The Bonding Education Program’s mission is to increase small businesses’ economic competitiveness to maximize opportunities by becoming surety bonded and compete for transportation-related contracts through education and resources to understand risk management, safety, workforce development and company capabilities.
The LaGuardia Community College Small Business Center is a recipient of grant funds from the US Department of Transportation (DOT) Office of Small and Disadvantaged Business Utilization ( OSDBU) to host the Northeast Region Small Business Transportation Resource Center (SBTRC). The mission of the SBTRC is to provide technical assistance services to small and disadvantaged communities to increase the number of small businesses that are prepared to compete for and enter into transportation-related contracts.
The
Northeast SBTRC
office serves:
Connecticut | Massachusetts | Maine | New Hampshire | New York | Rhode Island | Vermont
Our Partners and Collaborators
.png){kind=logo}
These projects will create opportunities for small businesses in areas such as construction, engineering, transportation, and more.
To get more specific information, check with local state transportation Agencies(DOT) and SBTRC to help you to be prepared for the upcoming opportunities.
Visit our website for more
www.laguardia.edu/sbtrc
Call to find out more:
718-482-5941
E-mail us at:
sbtrc@lagcc.cuny.edu
30-20 Thomson Ave B-309
Long Island City, New York 11101