DBE GoodFaith.com June Newsletter

June 2010  -  Volume 1, Number 4  -  Texas Edition  -  www.dbegoodfaith.com

this month:

DOT reclaims project savings
Following a decision by the Texas Transportation Commission, local governments can no longer pocket state funds when projects come in below their estimated cost.

Let us help with your 'good faith effort'
Let DBE GoodFaith Inc. help you find and solicit DBEs & HUBs for your government contract bid. We'll publish outreach ads, fax and email invitations to bid, perform telephone solicitations, and provide detailed documentation of the outreach performed. To learn more, contact us at (877) 802-3394 or info@dbegoodfaith.com.

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Our Mission
DBE GoodFaith Inc. is dedicated to providing a premium bid outreach solution that meets the needs of companies competing for government-funded contracts and socially & economically disadvantaged businesses.

We take the good faith effort seriously and, as a result, have designed our services to maximize transparency in the outreach component of the good faith effort - a policy that we believe benefits all parties involved in public works & procurement contracting.

We invite you to learn more about DBE GoodFaith Inc. on our Services & Rates page.
 
Contact Us
Toll Free: (877) 802-3394
Fax: (502) 751-7080
E-Mail: info@dbegoodfaith.com
 
 

TxDOT reclaims project savings

Earlier this month the Texas Transportation Commission closed a legal loophole in the pass-through tolling program that allows municipalities to save state money when construction projects come in below the estimated cost.

The pass-through program is a way of using road-use metrics to determine the rate at which the state reimburses local governments for road work that municipalities paid for upfront. Previously, local governments could simply pocket the difference on road projects that came in at up to 20% cheaper than expected.

State officials say they would like to keep the money for use on state highways, which are perpetually in need of funding for upkeep.

However, some local officials are chafing at this change in procedure - especially since the new rules are intended to take effect on projects that are already underway, with no grandfathering taking place.

"We've played by the law. Now you guys changed the rules and put this project in jeopardy. I'm here to ask TxDOT to honor their end of the agreement," said Fort Bend County Commissioner Richard Morrison.

Given the fiscal pressures on the state, it remains to be seen whether or not officials like Morrison will get his wish.

There are almost a quarter-billion dollars' worth of pass-through tolling projects currently being developed in Texas.

To read the minutes from the Texas Transportation Commission meeting on the pass-through tolling program, visit: http://www.txdot.gov/about_us/commission/2010_meetings/
documents/minute_orders/jun8/2.pdf


Let us help with your 'GFE'

Since its start in 2005, DBE GoodFaith Inc. has become a leader in disadvantaged business outreach, having helped over 1,110 firms meet contracts' outreach  requirements on more than 6,000 contract bids.

With DBE GoodFaith's intuitive outreach service, disadvantaged businesses (DBEs & HUBs) can be targeted to receive subcontracting and supplier opportunities for your contract. Our system allows users to:

  • Place DBE & HUB outreach ads online;

  • Automatically fax and email invitations to bid to DBE subcontractors of the users choice;

  • Complete initial phone call solicitations with the help of DBE GoodFaith's call center; and

  • Automatically document all outreach performed.

For more information on how DBE GoodFaith can help your business, contact a representative at (877) 802-3394 or visit www.dbegoodfaith.com.

DBE GoodFaith Inc. | P.O. Box 521 | Newark, CA 94560
www.dbegoodfaith.com | info@dbegoodfaith.com
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