Summary of Selected Items from USDOT Notice of Proposed Rule Making

GCAP Services, Inc. has reviewed the USDOT Notice of Proposed Rule Making and is providing a summary of selected item with our comments. Expands recipient reporting requirements to USDOT to gain greater knowledge of DBE/ACDBE characteristics, bidding/solicitation practices, utilization, and overall program impactUniform Report would collect additional information such as:names of DBE contractors that performed work and the work categories/trades...

US DOT Prompt Payment/Return of Retainage

Ensuring its recipients enforce the prompt payment and return of retainage requirements is a serious concern for USDOT. Prompt payment and early return of retainage are necessary for small businesses to meet their payroll and pay their suppliers. Unlike large companies, small businesses often do not have the financial liquidity or access to financing necessary to survive delays in payment...

Governor Newsom Announces $1.1 Billion in Small Business Support Coming to California

U.S. Treasury’s State Small Business Credit Initiative will increase small business owners’ access to capital, cover upwards of 80% of loans.California to launch new program designed to create a more-inclusive venture capital ecosystem. SACRAMENTO — Today, Governor Gavin Newsom announced $1.1 billion in funding to support California’s small businesses. The funding comes from the U.S. Treasury’s State Small Business Credit...

Partnerships to Connect Small and Disadvantaged Businesses to Infrastructure Programs

September 20, 2022Contact: pressoffice@dot.gov Biden-Harris Administration Announces Groundbreaking Partnerships to Connect Small and Disadvantaged Businesses to Infrastructure Programs DOT Will Host Business Forum to Improve Access to Capital and Resources in the Bipartisan Infrastructure Law Washington, DC – Today, the USDOT Office of Small and Disadvantaged Business Utilization (OSDBU), the U.S. Small Business Administration (SBA) and the US Department of...

US DOT DBE Project/Contract Goal Setting

USDOT’s Departmental Office of Civil Rights (DOCR) held a training session with FAA, FHWA, and FTA to discuss best practices in DBE project and contract goal setting.  Recording(passcode t!iYd5Ux)Training Slides

Governor Newsom Strengthens State’s Commitment to a California For All

New executive order directs state agencies to take critical actions on equity and discrimination and establishes state’s first Racial Equity Commission   Governor signs legislation focused on advancing equity and tackling disparities “In California, we recognize that our incredible diversity is the foundation for our state’s strength, growth and success – and that confronting inequality is not just a moral imperative,...

DBE/ACDBE NPRM Comment Period Extended

Today the Department issued a 6-week extension for stakeholders to comment on the Notice of Proposed Rulemaking NPRM issued on July 21, 2022. We encourage you to read the NPRM, paperwork burden estimates, and the Regulatory Impact Analysis (RIA) in full and provide any comments by October 31, 2022. If you would like to learn more about the rulemaking process and view the recordings of our recent NPRM outreach sessions,...

Bipartisan Infrastructure Law Webinar hosted by FAA Small Business Program

The Federal Aviation Administration (FAA) Small Business Program Office is hosting a third webinar about areas of opportunities related to the Bipartisan Infrastructure Law (BIL) on Monday, September 12, 2022 1:30 PM-2:30 PM Eastern Time. This virtual event is targeted for small business and small disadvantaged business firms interested in FAA contracting and subcontracting opportunities in areas of infrastructure supporting...