15
WHO IS THE
PROGRAM FOR?
MWDBE and Small Business Construction
Contractors
MWDBE and Small Business Contractors
who have graduated from the SBMP Tier 1 or
demonstrate comparable experience. Firms
that graduate from the SBMP Tier 1 must
re-certify to participate in the SBMP Tier 2. It is
recommended to apply for Tier 2 at least one
year prior to graduating from Tier 1.
Certified Disadvantaged Business Enterprises
and Small Business Construction Contractors
PROGRAM LENGTH
Four years
Four years
Three years
PROJECT SIZE
Firms may bid on projects valued up to
$1 million
Firms may bid on projects valued from
$1 million up to $3 million
Firms may bid on projects
valued up to $3 million
FIRM INCOME
CAPS and
BONDING
RESTRICTIONS
Applicants must not exceed $3 million in
average annual gross sales over the past
three calendar years. The program offers
bonding assistance to qualified applicants
for future growth.
Applicants must not exceed $5 million in
average annual gross sales over the past three
calendar years. The program offers bonding
assistance to qualified applicants.
Applicants must not exceed $5 million in
average annual gross sales over the past three
calendar years. The program offers bonding
assistance to qualified applicants.
MINIMUM
QUALIFICATIONS
Applicants must have a minimum of two years
of business experience and must provide at
least two references for commercial work in
each of the trades which they would like to be
pre-qualified. Projects listed must be valued in
excess of $25,000 each.
Be in business for at least two years
Not have a net worth (excluding primary
residence) exceeding $3.5 million
Not exceed the U.S. Small Business
Administration’s size standard for its industry
Provide at least two references for
commercial work – valued at no less than
$500,000 in every trade for which it wishes
to be pre-qualified
Be in business for at least one year
Not have a net worth (excluding primary
residence) exceeding $1.32 million
Not exceed the U.S. Small Business
Administration’s size standard for its industry
Provide at least two references for
commercial work – valued at no less than
$500,000 in every trade for which it wishes
to be pre-qualified
TRAINING
Satisfactory completion of 11-course MTA
Training Program
Accepted firms must attend an assessment
session. Prescriptive recommendations will be
made for training and other technical
assistant referrals.
Accepted firms must attend an assessment
session. Prescriptive recommendations will be
made for training and other technical assistant
referrals
BONDING
No bonding required
Be capable (with MTA assistance) of being
bonded for up to $3 million
Be capable (with MTA assistance) of being
bonded for up to $3 million
CAPITAL
ACCESS
Opportunity to apply for loans
up to $150,000
Opportunity to apply for loans up to $900,000
Opportunity to apply for loans up to $900,000
OWNER
controlled
INSURANCE
MTA provides an Owner-Controlled Insurance
Program (OCIP)
MTA provides an Owner-Controlled Insurance
Program (OCIP)
MTA provides an Owner-Controlled Insurance
Program (OCIP)
UNION
TRANSITION
Union transition assistance available
Union transition assistance available
Union transition assistance available
MTA Small Business Development
Program
Snapshot
MTA Small Business
Mentoring
Program
Tier 1
MTA Small Business
Mentoring
Program
Tier 2
MTA Small Business
Federal
Program