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Bonding Education Program: Small Businesses Building Big
The US Department of Transportation (DOT) Bonding Education Program (BEP) is a partnership with the Surety and Fidelity Association of America to help small businesses become bond ready. Becoming bondable is a challenge for many disadvantaged businesses and this program aims to help businesses grow by obtaining or building bonding capacity.
The BEP consists of a comprehensive set of all-inclusive workshops designed to address what businesses need to do to become bond-ready, as well as one-on-one sessions with local 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.
For more detailed information on the BEP program please click on the following link http://osdbu.dot.gov/bap/bep.cfm
The company must also be capable of bidding on DOT-funded projects and commit to attend the series of workshops offered in their region. There is also a registration form that is required for entrance into the program.
The BEP is offered through DOT’s Office of Small and Disadvantaged Business Utilization and its network of Small Business Transportation Resource Centers (SBTRC) around the county. For workshops in your are HOVER over the PINS in your region’s SBTRC to see information on the workshops: