The California Department of Transportation (Caltrans), in consultation with the Governor's Office of Small Business Advocate, have entered into a Memorandum of Understanding (MOU) with the US Small Business Administration (SBA), to offer a technical assistance surety bond guarantee program to promote increased small business participation in caltrans, State highway, and transit projects.

 

This initiative is vital to placing more small businesses on the path to full and adequate utilization within California, bringing success to more small businesses, thereby strengthening the State's business community and economy.  Further, this initiative provides a viable means to advance the unimpeded participation of all willing, ready, and able construction contractors and subcontractors, professional architectural and engineering firms, suppliers and truckers, without regard to race, ethnicity, gender, or physical disability to participate in the State's Contracting Program.

 

 

More information is available at the following URL:
http://www.mtc.ca.gov/jobs/contracts/announcements/CT_SBA_Initiative.pdf