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Minority-Owned Businesses Look to TZ Bridge

Workshop aims to connect minority, women business owners with possible bridge builders

Rajesh Shah's business, Sojane Technologies, may be based in Indianapolis, but he sees plenty of opportunity in the .

"We do high-tech digital signage," Shah, the owner and president, said, noting his business also installs LED lighting—the kind that may be found atop the Hudson span.

Shah was one of many minority and women-owned business leaders who headed to the Friday afternoon to meet with state officials and the .

The day-long workshop allowed Disadvantaged Business Enterprises (DBEs), Minority-Owned Business Enterprises (MBEs), Women Owned Business Enterprises (WBEs) and Small Business Enterprises (SBEs) to network with one another and explore future opportunities.

The United States Department of Transportation (USDOT) was present as well, sounding off on federal loans and other aid the companies may qualify for.

"Once a company gets a contract, they can use it as collateral for a loan," said Benjamin Hunt, a USDOT official.

The project—which is expected to cost $5.2 billion and take about five years to complete—will also function as a major job boon. "It puts tens of thousands of New Yorkers back to work," said governor Andrew Cuomo.

Further, over $400 million worth of work on the project could be picked up by DBEs, MBEs and WBEs.

State workers are on the water under the bridge now, that will guide the private design-build company with the winning bid.

Mike April 21, 2012 at 02:07 PM
Here's a novel idea- let companies bid for the project and regardless of their ownership status, pick the one that proposes the best deal for the taxpayers of NYS. Why do we have to give an advantage to so called DBEs? If you come in at the right price guaranteed quality and other metrics then you win PERIOD.

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