LA County small contractors getting business boost from Metro program

📆 6/20/2023 4:05 PM
📰 ABC7

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

LA County program helps small firms win construction contracts by helping with bonding, training

Small contracting firms are getting a hand up with a Los Angeles program that helps them obtain bonding on public projects.Small firms are now able to bid on Los Angeles County projects thanks to a program that allows them to access resources that previously only large contractors had been able to obtain.

Small contractors often face an uphill battle to compete with larger, more established firms. For example, Percell and Wong faced a challenge to secure bonding, which protects clients from financial losses, for a $4 million job as part of Metro's regional connector project. For example, KPA Constructors installed the radio communication systems for Metro's regional connector project and they are now working on four other jobs.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America.BankofAmerica says an excessive focus on regulatory headwinds, spot bitcoin ETF approval in the U.S. and illicit activity is overshadowing the development of blockchain technology. willcanny99 reports.
Source: CoinDesk - 🏆 291. / 63 Read more »