Newsletter - MDOT DBE Support Services Program
Transcription
Newsletter - MDOT DBE Support Services Program
Disadvantaged Business Enterprise DBE July 2014 Newsletter BLV Electrical Engineers . Contact Information Carolyn Bell Civil Rights Director cbell@mdot.state.ms.us Stacy Slay, DBE Coordinator sslay@mdot.state.ms.us Berry Landon Veney Jr., is the owner and Principal Engineer of BLV Electrical Engineers, located in Jackson, MS. BLV offers services such as design and electrical engineering consulting. Prior to establishing BLV in 2007, Mr. Veney developed electrical systems for military, commercial, and educational facilities in Ohio, Mississippi, Florida and other states. In addition, BLV is licensed in NY, VA, WV, OH, KY, SC, IN, MS, NC, AL, LA, TX, and Georgia. With such extensive knowledge and experience, BLV continues to grow. The company’s progression is reflected in recent projects including Blackburn Middle School, addition to North Jackson Middle School, Deuce McAllister Nissan, Mississippi E- Center and the new addition to the A.W. Mumford Stadium at Southern University. Also, BLV has recently completed a new Advanced Technology Center on the campus of Gulf Coast State College and is under contract to design the new Science Technology Engineering and math building on this campus as well. Future projects include the design of a new emergency power system for ALDOT District 7 headquarters in Troy, AL. One of the key components to Mr. Veney’s success is a thorough mission statement that focuses on his abundance of knowledge in the electrical engineering field (he has worked for several large engineering firms), always orchestrating increased efficiency and decreased cost, adherence to codes standards, while delivering projects on time and within budget. BLV staff members stay true to their mission through the integrity of their work. It takes time to build a company like BLV and Mr. Veney knows from experience that the road to success is not always easy. He has a few words of advice to offer to potential DBE’s. “It is important to keep your paperwork in order and follow your mission statement,” says Mr. Veney. For more information about this firm or to contact Berry Veney please send your correspondence to berry@blvengineers.com . Stan Adams DBE Certification Officer sadams@mdot.state.ms.us Justin Rawls Special Projects Officer jrawls@mdot.state.us P.O. Box 1850 Jackson, MS 39215-1850 Office: 601.359.7644 Fax: 601.576.4501 www.gomdot.com DBE Supportive Services Toni Cooley, Project Director tcooley@msdbe.com Larry Davis, Project Manager ldavis@msdbe.com Quin Braylock Assistant Project Manager qbraylock@msdbe.com Keith Richardson Project Specialist krichardson@msdbe.com 1400 Fourth Avenue Jackson, MS 39203 Office: (601) 718-7344 Fax: (601) 564-0212 Disadvantaged Business Enterprise DBE July 2014 Newsletter MDOT Bid Letting Tuesday July 24, 2014 Call No# 1 1a 2 Project Name Project No# Maintenance Painting Federal Aid Project of Bridge No. 274.3 No. BR-0002-08(018) on US 45 near / 106788301 Kossuth Federal Aid Project Nos. HSIP-0020Installing Median 01(214), HSIP-0020Cable Barriers 01(215), and HSIP0020-02(086) / 106780301, 302, & 303 Maintenance Painting Federal Aid Project of Bridge No. 35.0 on No. BR-0224-00(047) SR 29 at Leaf River / 106791301 Coming Events DBE Goal OJT Goal Alcorn County 0 0 hours Hinds, Rankin and Lauderdale Counties 0 0 hours Location Perry County 0 0 hours 3 Mill and Overlay of approximately 10 miles of SR 8 from The Trace Regional Hospital Center to Long Creek State Project No. MP-1008-09(009) / 305277301 Chickasaw County 0% 0 hours 4 Mill and Overlay SR 9 From the Choctaw County Line to SR 182 State Project No. MP-1009-78(004) / 305279301 Webster County 0% 0 hours State Project No. MP-1336-58(009) / 305278301 Pontotoc County 0% 0 hours State Project No. MP-2315-00(075) / 305293301, 302, & 303 Yalobusha, Lafayette and Panola Counties 0% 0 hours District 3 0% 5 7 8 Mill and Overlay of approximately 9 miles of SR 336 from Coleman Road to SR 15 Overlay approximately 16 miles of SR 315 from SR 7 Bypass to SR 6 in Panola County Raised Pavement Marker Installation on various routes Districtwide State Project No. MP-3000-00(099) / 305276301 in District 3. 0 hours July 2014 CLIMB Community Development Corporation Women’s Business Center The CLIMB CDC Women’s Business Center provides women and men with business tools and resources necessary to achieve self-reliance. Funded by the U.S. Small Business Administration and regional and local business partners, Center offers training, counseling and mentoring which will help entrepreneurs start or expand a business. Services We Offer: Six Week Business Planning Course Business Workshops Individual Business Counseling Mentoring Networking Opportunities Summer 2014 Workshops Employer and Labor Law – July 17 Business Financing – July 24 Website Development – July 31 SBA Financing – August 7 E-Commerce – August 14 Social Media Marketing – August 21 Grow Your Business on Google – August 28 Keys to Success Six Week Business Planning Course Dates: June 17 – July 29 August 5 – September 9 Classes are held on Tuesdays Times: 9:00 am – 11:00 am 6:00 pm – 8:00 pm Fee: $75 for course Workshops are held from 9:00-11:00 a.m. and from 6:00-8:00 p.m. For more information or to register for a workshop or class, call the Women’s Business Center 228-864-6677. Disadvantaged Business Enterprise DBE July 2014 Newsletter 9 10 11 12 13 14 15 16 Overlay approximately 4 miles of US 51 from Yazoo/Madison County Line to End of Maintenance Overlay approximately 4 miles of US 61 at the Fayette Bypass Mill & Overlay approximately 4 miles of US 11 from Clark County Line to Savoy Mill & Overlay approximately 3 miles of SR 15 South of Old SR 15 to Neshoba County Line Overlay approximately 13 miles of SR 35 From North of SR 21 to Leake County Line Striping approximately 12 miles of US 45 from Clarke County Line to SR 19 Overlay approximately 4 miles of SR 145 at Shuqualak Bypass Overlay approximately 6 miles of SR 42 from Jefferson Davis County Line to Mill Creek Bridge in Sumrall Coming Events, Con’t State Project Nos. MP-3051-00(098) / 305272301 & 302 Yazoo and Holmes Counties 0% State Project No. MP-3061-32(004) / 305289301 i Jefferson County 0% 0 hours State Project No. MP-5011-38(008) / 305286301 Lauderdale County 0% 0 hours State Project No. MP-5015-51(019) / 305282301 Newton County 0% 0 hours 0 hours State Project No. MP-5035-62(015) / 305281301 Scott County 0% 0 hours State Project No. MP-5045-38(008) / 305288301 Lauderdale County 0% 0 hours State Project No. MP-5145-52(001) / 305140301 Noxubee County 0% 0 hours July 15, 2014 Regulatory Fairness Forum for Small Business SBA Ombudsman, Brian Castro 1 pm – 4 pm; MS JSU e-Center (CA ROOM), 1230 Raymond Road, Jackson July 2014 8(a) Opportunity Workshop How to Develop A Winning Proposal CLIMB Community Development Corporation 9:00am - 11:00 am Tuesdays, Business Center Women’s 1316 30th Avenue Gulfport, MS 39501, Cost: $75 Contact: 228-864-6677 South Mississippi Contract Procurement Center CLIMB Women’s Business Center July 21, 2014 How To Develop A Winning Proposal 8:00 am - 4:30 pm Repeats: Daily, ending after 2 times Where: Table 100 100 Ridge Way, Flowood, MS 39232 Cost: FREE, Contact: Joyce Lenoir (601) 359-3448 jlenoir@mississippi.org July 2014 Sponsored by: Gulf Coast Small Business Development Center (228) 396-8661, gcsbdc@olemiss.edu The Innovation Center 1636 Popps Ferry Rd., Biloxi, MS 39532 Go to: www.mssbdc.org and click on the “workshop schedule” (228) 392-9741 NIGHT CLASSES Thursday, July 10th (5:30 –7:30 pm) State Project No. MP-6042-37(004) / 305291301 Lamar County 0% 0 hours Think like an Entrepreneur Thursday, July 24th (5:30 pm–7:30 pm) How to Develop a Business Plan Thursday, July 31st (5:30 pm–7:30 pm) Cash Flow for your Business Disadvantaged Business Enterprise DBE July 2014 Newsletter 17 18 19 20 21 22 1b Overlay approximately 5 miles of US 49 from Peps Point Road to Covington County Line Coming Events Con’t State Project No. MP-6049-18(021) / 305290301 Overlay approximately 4 miles of SR 149 from East State Project No. Frontage Road Drive MP-6149-66(002) / North to Junction 305292301 Hwy 49/N Magnolia Overlay approximately 4 miles State Project No. of SR 24 between MP-7024-57(002) / Pike County Line and 305273301 I-55 Overlay SR 532 between Vester State Project No. Pickering Rd. and US MP-7532-16(005) / 84 305275301 Widen & Overlay approximately 7 miles of SR 570 beginning at Junction SR 569 East to Tangipahoa River Bridge Overlay approximately 7 miles of SR 584 from Intersection of SR 568 East to Pike County Line Work necessary for Interchange Improvements on I20 at the West Brandon Interchange Forrest County Stone County Pike County Covington County 0% 0% 0% 0% 0 hours 0 hours 0 hours 0 hours State Project No. MP-7570-03(009) / 305274301 Amite County 0% 0 hours State Project No. MP-7584-03(007) / 305147301 Amite County 0% 0 hours Federal Aid Project No. HSIP-002001(191) / 105536301 and State Project No. SP-0020-01(063) / 105536302 Rankin County 0% 0 hours July 16 & 17, 2014 Statewide Transportation Coordination Summit 2014 Wednesday, July 16, 2014 12:00 PM Thursday, July 17, 2014 4:00 PM Jackson Marriott 601.969.5100 209 East Amite Street Jackson, Mississippi 39201 United States MS Public Transit Association P.O. Box 2277 Natchez, MS 39121-2277 July 21, 2013 What: MDOT Pre-Bid Letting Meeting When: Tuesday at 2:00 pm Where: The Hilton on County Line Rd Jackson, MS Registration: Contact Quin Braylock at (601) 954-1826 or email qbraylock.systems@gmail.com July 30, 2014 Entergy's Supplier Diversity & Development Meet and Greet Entergy's Procurement Team Learn how to do business with Entergy and our supplier partners! 2014 Business Connection Forum Wednesday, 11:00am - 2:00pm Echelon Office Building 1340 Echelon Parkway Jackson, MS 39213 July 22, 2014 A Pre-Bid Conference Gym Floor Replacement Provine High School Gym 2400 Robinson Street Jackson, MS 39209 2:00 P.M. Disadvantaged Business Enterprise DBE July 2014 Newsletter Meet the Prime Contractors Event May 2014 (Brett Langer of Brasfield & Gorrie, Dana Lott and Rosalind Sanders Rawls of Dan’s Interiors (Jay Carney of TL Wallace and Keith Richardson, and Toni Cooley of Systems The Meet- the- Prime conference was held May 29, at the Mississippi E-Center located in Jackson Ms. DBE’s and potential DBE’s gathered to hear presenters speak on current issues such as financial and credit management and contract negotiation and disputes(“Mississippi Lien Law”). This event allowed attendees to obtain useful information to help them manage their businesses more effectively as well as network with major contractors. Making connections is one of the most essential components in building a strong and positive professional relationship among prime contractors and subcontractors. Among the Prime Contractors were Brasfield and Gorrie, Copeland and Johns, and T. L. Wallace (just to name a few). Brasfield & Gorrie is one of the largest privately held construction firms in the nation they offers an array of services and expertise in safety management, procurement, logistics planning, inspection, 3D and 4D modeling, and much more. Copeland and Johns is a professional design build construction firm well known for completing complex projects under restricted construction schedules while maintaining an established budget and delivering quality services to clients. Last but not least, T.L. Wallace is a top construction contractor with expertise in building bridges, highways, and public works projects throughout Mississippi, Louisiana, Texas, Arkansas, Tennessee, Alabama and Florida. Overall, this year’s Meet-the- Prime event was a networking and relationship building success, stimulating venture efforts among both Prime Contractors and DBE’s. For more information on the firms mentioned above please visit: (Brasfield and Gorrie) www.brasfieldgorrie.com , (Copeland and Johns) www.copelandandjohns.com , (T.L. Wallace) www.tlwallace.com . Disadvantaged Business Enterprise DBE July 2014 Newsletter We Extend a Heartfelt Mississippi Welcome to all the Recently Certified DBE Firms Name: Brown Enterprise & Security Solutions, LLC Fred Clark Concrete & Bulldozer, Inc City/State: Jackson, MS Vicksburg, MS Firms Type of Work Security consulting company that serves its clients using knowledge –based risk assessments, risk mitigation, security best practices, training, and tailored security solutions. Building construction shearing, grubbing, snagging, culverts & drainage, Hwy drainage , concrete, demolition Disadvantaged Business Enterprise DBE July 2014 Newsletter Office of State Aid Road Construction July 2014 21 - STP-0050(33)B 21 - LSBP-75(13) Neshoba Warren August 2014 01 - SAP-37(75) 01 - SAP-56(16)S 04 - BR-0003(8)B 04 - LSBP-43(34) 05 - SAP-19(13)S 29 - SAP-07(15)M Lamar Perry Amite Lincoln Franklin Calhoun 19.392 Mi of Reseal 0.320 Mi of Bridge and Approaches 2.021 Mi of Base Repair, Leveling and Overlay 31.305 Mi of Micro-Surfacing 1.533 Mi of Grade, Drain & Surface w/2 Bridges & 1 Box Culvert 0.100 Mi of Bridge and Gravel Approaches 37.823 Mi of Reseal 0.369 Mi of Overlay Mississippi Department of Finance 377-002 507-045 423-092 212-061 522-046 215-033 528-002 Roof Repairs Hail Damage Repairs Group Home Generators Stringer Hall Renovations Special Needs Shelter New Dormitory - PH I Site Stabilization Stennis Space Center (Office of Capitol Facilities)(Department of Finance and Administration) Allred Architectural Group, PA July 15, 2014 Mississippi State Veterans Affairs Board Robert Lewis/Architects July 15, 2014 Hudspeth Regional Center Jon D. Rice & Associates, LLC July 29, 2014 Northeast Mississippi Community College The McCarty Company-Design July 31, 2014 Group, P.A. State Department of Health AEDD, Plus, PLLC July 31, 2014 Southwest Mississippi Community College Architecture South, P.A. August 07, 2014 Veterans Home Purchase Board W.L. Burle Engineers, P.A. August 12, 2014 Disadvantaged Business Enterprise DBE July 2014 Newsletter HIGHLIGHTED PROJECTS FOR THE MONTH OF JULY 2014 Financial Advisory Services The State of Mississippi is soliciting proposals from qualified firms interested in providing financial advisory services to the State's Bond Commission. The Bond Commission's intent is to hire a Financial Advisor for assistance in connection with potential financings for the State, as well as, enlisting those services on other financial matters between each issuance. If interested in receiving a RFP, you may access the RFP at www.dfa.ms.gov, under the Bid and RFP Notices Section, or you may submit a written request to Mark Valentine, Bond Advisory Director, Department of Finance and Administration at mark.valentine@dfa.ms.gov. The RFP will be posted on the DFA website on Tuesday, July 8, 2014. Questions pertaining to the RFP must be submitted via email and received before 12:00 p.m. CST on Wednesday, July 16, 2014. Oral questions are not permitted. If the questions or inquiries pertain to a specific section of the RFP, the page and section number(s) must be referenced. A summary of all questions and answers will be posted as an addendum on the DFA website, www.dfa.ms.gov, by 12:00 p.m. CST on Monday, July 21, 2014. RFP proposals must be submitted to and received by Mark Valentine, Bond Advisory Division, 501 North West Street, Suite 1300 (Woolfolk Building) Jackson, MS 39201, no later than 2:00 pm. CST on Friday, July 25, 2014. Maintenance and Repairs to the Army Aviation Support Facility (AASF) Meridian, MS Sealed bids will be received by the Adjutant General, State of Mississippi, in the office of the Adjutant General, new addition, first floor classroom, Room No. 192B, 1410 Riverside Drive, Jackson, MS, 39202-1237 UNTIL: 1:30 PM August 19, 2014 FOR: Maintenance and Repairs to the Army Aviation Support Facility (AASF) Meridian, MS and there be publicly opened and read. Plans and specifications may be obtained from the office of Grantier Architecture and Interiors, P.A., 5570 Wayneland Drive, Jackson, MS 39211, Phone No. 601-957-3530, upon payment of $100.00 deposit, fully refundable to bona fide bidders if plans and specifications are returned within ten days in good condition. A Pre-Bid Conference will be conducted at 10:30 AM on August 6, 2014 in the Classroom at the Army Aviation Support Facility (AASF), 1551 65TH Avenue South, Meridian, MS. ALL PROSPECTIVE BIDDERS ARE ENCOURAGED TO ATTEND. Bidders shall be advised that in accordance with the Mississippi Code, the Military Department has Forty-Five (45) calendar days to deliver a warrant to the vendor from the date an application for payment is determined to be due and payable under the terms and conditions of the contract. date. Desiree Hilton State Contract Officer, Chief for Augustus L. Collins Major General, Mississippi National Guard The Adjutant General of Mississippi. Disadvantaged Business Enterprise DBE July 2014 Newsletter HIGHLIGHTED PROJECTS FOR THE MONTH OF JULY 2014 Bid Date: Bid Time: Project Location: Project Title: Bids To: Architect/Engineer: Prebid Conference: Work Items: 7/24/2014 1:30:00 PM Grenada, MS / Grenada County Additions/Alterations To the Battalion Headquarters State of Ms, in the Office of Adjutant General, New Addition, First Floor Classroom, Room No. 192B, 1410 Riverside Drive, Jackson, MS 39202-1237 Beard + Riser Architects / Phone (662) 455-2581 / Fax (662) 459-0279 7/9, 10:30am, 3152 James H. Biddy Rd, Grenada Concrete Formwork / Concrete Reinforcement / Cast-in-Place Concrete / Colored Concrete Finishing / Single Wythe Concrete Masonry Unit Drainage System / Unit Masonry / Cast Stone Masonry / Metal Fabrications / Rough Carpentry Work / Finish Carpentry / Plastic Laminate Faced Architectural Cabinets / Moisture Barrier / Thermal Insulation / Weather Barrier / Metal Roof Panel / Fiber-Cement Siding / Sheet Metal Flashing and Trim / Joint Sealants / Hollow Metal Doors and Frames / Access Doors and Frames / Overhead Coiling Doors / Aluminum Storefronts / Hardware / Glazing / Gypsum Board Assemblies / Ceramic Tiling / Resilient Flooring / Acoustic Treatment / Paints and Coatings / Stainless Steel Toilet Compartments / Wire Mesh Partitions / Toilet Accessories / Fire Protection Cabinets / Fire Extinguishers / Loading Dock Bumpers / Simulated Stone Countertops / Common Work Results / Facility Fire Suppression Water Service Piping / Dry Pipe Sprinkler Systems / Plumbing / General Duty Valves for Piping / Facility Water Distribution / Facility Sanitary Sewerage / Plumbing Fixtures and Trim / HVAC / Noise and vibration Control / Testing, Adjusting and Balancing / Insulation / Instrumentation and Control / Refrigerant Piping / HVAC Ducts and Casings / Ventilation System / Air Distribution System / Air Outlets and Inlets / Split System Air Conditioners / Split System Heat pump Equipment / Electrical / LowVoltage Power Conductors and Cables / Grounding and Binding / Raceways, Outlet Boxes and Junction Boxes / Switches and Receptacles / Panelboards / Disconnects and SeparatelyMounted Circuit Breakers / Surge Protection Device / Lighting / Vacancy Sensors / Telephone and Data Systems / Interior Fire Alarm and Mass Notification System / Earthwork / Termite Control / Seeding, Fertilizing and Mulching / Bermuda Sod / Portland Cement Concrete Paving / Water Distribution System / Sanitary Sewerage–Gravity Piping Disadvantaged Business Enterprise DBE July 2014 Newsletter HIGHLIGHTED PROJECTS FOR THE MONTH OF JULY 2014 REHABILITATE RUNWAY 05/23 (PHASE 2) Greenwood Leflore Airport Sealed until August 12, 2014 at 11:00 A.M. local time and then publicly opened and read at the office of the Airport Manager, Greenwood-Leflore Airport, Building 502, Greenwood, Mississippi 38930, for furnishing all labor, materials and equipment and performing all work necessary for: REHABILITATE RUNWAY 05/23 (PHASE 2) Greenwood Leflore Airport Greenwood, MS 38930 Contract documents may be obtained from THE JOHNSON-McADAMS FIRM, P.A., 108 W. Market Street, Greenwood, Mississippi (Ph. 662-455-4943). A deposit of $50.00 (non-refundable) is required. The attention of bidders is directed to the Contract Provisions governing selection and employment of labor. Minimum wage rates for Federal-Aid projects have been predetermined by the Secretary of Labor and are subject to Public Law 87-581 Work Hours Act of 1962, as set forth in the Contract Provisions. The Airport Board hereby notifies all Bidders that it will affirmatively insure that in any contract entered into pursuant to this advertisement, disadvantaged and women's business enterprises will be afforded the full opportunity to submit bids in response to this invitation and will not be discriminated against on the grounds of race, color, or national origin in consideration for an award. The award of this contract will be contingent upon the Contractor satisfying the DBE/WBE requirements. Bid preparation will be in accordance with instructions to bidders bound in the specifications. The Owner reserves the right to waive irregularities and to reject any or all bids. Each bid must be accompanied by a Bidder's Bond, executed by a surety company authorized to do business in the State of Mississippi in the amount of at least five percent (5%) of the bid. The successful bidder will be required to execute a Performance Bond with a surety company authorized to do business in the State of Mississippi in the full amount of the contract price, which bond shall comply with the laws of the State of Mississippi. Provine High School Gym Floor Replacement Jackson Public School Sealed, written formal bid proposals for the above bid will be received by the Board of Trustees of the Jackson Public School District, in the Business Office 662 South President Street, Jackson, Mississippi Bid 2293 - Provine High School Gym Floor Replacement Open Date: Aug 5, 2014 10:00 AM CDT Contact Information MS Procurement Technical Assistant Proposal forms and detailed specifications may be obtained from Jackson Public School, Pamela Young, 101 Near Street, Jackson, MS 39203, Phone: 601960-8969, Fax: 601-960-5412, pyoung@jackson.k12.ms.us Disadvantaged Business Enterprise DBE July 2014 Newsletter We invite you to join us at the Connect 1 Conference on September 17th and 18th at the Jackson Convention Complex in Jackson, Mississippi. The conference is designed to match people and businesses to one another, including capital funding, start-up funding, new start-ups, technology, energy, business and economic development. Attendees can register by clicking the “Register Now” button under the flyer below or by clicking this link: http:connect1conference.com/register-attend/registration/. Register now to take advantage of the early bird registration discount (saving up to 50% off the registration fee). The conference is an economic development networking event for entrepreneurs, home-based businesses, new start-ups, established businesses, minority contractors/suppliers, prime contractors, major corporations, inventors/innovators, government agencies, educational institutions, venture capitalists, bankers, investment bankers, funders, media and more. Speakers and presenters headlining the conference include nationally known corporate owners and executives like Marcus Lemonis, Lisa Price, Joe Quinn, Joel Bomgar, and Brad McMullan. The Connect 1 Conference is the platform: to assist small and medium sized businesses in getting ready and qualified to do business with large corporation and agencies; to provide matchmaking with large corporations and agencies buying products and services who are “ready now” to do business with conference attendees; and, to advocate working relationships between businesses, large corporations and agencies (to get contracts!). REGISTER NOW You will find more information about the conference at website: http://connect1conference.com. If you have any questions, feel free to contact Lonnie Ross, event organizer at 601-810-8401 or event@connect1conference.com. Don’t Forget The MDOT Pre-Bid Letting Meeting MONDAY! July 21, 2014 – 2:00 p.m. Jackson Hilton 1001 East County Line Road Jackson MS 39211 For more information call (601) 954-1826 The Pre-bid letting meetings are sponsored by the Mississippi Road Builders and MDOT’s DBE Supportive Services The Small Business Capital Fund of MS, Inc. (SBCF) located in Jackson, MS , has been approved by the US Department of Transportation as the sole lender in the state to administer the USDOT’s Short Term Lending Program (STLP). This program is a loan guarantee program. Approved lenders, such as SBCF, offer these loans, which provide up to a 75% federal government guarantee. The STLP is designed to assist Disadvantaged Business Enterprises (DBE) and Small Disadvantaged Businesses (SDB) seeking access to working capital in order to obtain transportation–related contracts receiving USDOT funding. These loans are revolving lines of credit that provide funds to finance the direct labor and material cost of completing transportation-related contracts. The transportation contracts are assigned to the line of credit as the primary loan collateral. The participating lender will advance funds to the borrower based upon approved contract invoices for work completed. The maximum advance rate on an invoice is 85%. Certain certifications are required for utilization of the program. Applicants can be a contractor, sub-contractor, supplier of products or provide professional services for the transportation related-project. Start-up businesses are not eligible for this program and applicants must be current on all tax liabilities. The line of credit is usually set up for a one-year term. Other eligibility restrictions may apply. For more information, contact Small Business Capital Fund of MS, Inc., at 601-713-3322.