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 T-REX Project Announces Recipients of Incentive Funding For Training Minimize
Southeast Initiative Office
T-REX Project Announces Recipients of Incentive Funding For Training

trex1logoFOR IMMEDIATE RELEASE

Contact: Karen Morales
303-357-8673 (office)
303-826-2072 (pager)

T-REX Project Announces Recipients of Incentive Funding For Training

 $495,000 DISTRIBUTED FOR TRAINING PROGRAMS TO ASSIST COLORADO’S SMALL AND DISADVANTAGED BUSINESS ENTERPRISES

DENVER, October 17, 2003 – Although T-REX Project construction will end in September 2006, one T-REX program will continue to help build Colorado’s small businesses for years to come.  The T-REX Project, in partnership with Southeast Corridor Constructors (SECC), awarded $495,000 today to provide skill-building programs and services for small and disadvantaged business enterprises (SBEs/DBEs).  These programs will leave a legacy of strong small businesses able to compete for future highway and transit construction projects.

“We are very pleased to offer this innovative program to assist members of the small and disadvantaged business community,” said Joe Wingerter, public affairs liaison at SECC.  “This funding clearly demonstrates our commitment to assisting small and disadvantaged companies as they continue to grow and compete for existing and future construction projects.”

The funding of the education and training programs comes from an incentive built into the contract between T-REX and Southeast Corridor Constructors to encourage the use of small and disadvantaged business enterprises in the design and construction of the T-REX Project.

Nine organizations were awarded funding to assist the small business community through free/reduced cost training programs.  The Request for Proposal (RFP) process attracted 21 respondents with aggregate funding requests exceeding $3.6 million.

In response to a survey of more than 250 small firms and community business organizations, the RFP required respondents to submit proposals for programs that provided services in the areas of project management, marketing, financial management and contract negotiation.  Alternate training or services options also were considered.

 The following organizations and programs were selected to receive funding for 2004:

 

Organization

Training Program

Colorado Women’s Chamber of Commerce

“Power of Leadership” leadership training program.

Denver Business Development Group & Procurement Consulting Group

Government procurement and contracts seminars; individual business consulting.

Doss Technical Services

Project management and financial management workshops; corresponding computer software training.

DRG Construction - DRG & Associates

Financial management, construction law, and time management workshops.

Folsom Point

Statewide marketing workshops and consulting.

Korat Consulting

Marketing seminar series.

Orbit Design

E-marketing tools development and workshops.

Smyth Consulting, Inc

Project management and financial management workshops; consulting.

Technology Commercialization Partners, LLC

Financial management, contract negotiations, and project management workshops.

A five-member evaluation team made selection recommendations.  Applicants were scored based on the organization’s capabilities, history/experience, program approach, references, and fees, as detailed in the RFP response.

The Transportation Expansion (T-REX) Project is a citizen-endorsed project that includes highway expansion and improvements; the addition of light rail along I-25 and I-225; reconstruction of interchanges and bridges; a new drainage system and improved pedestrian and bicycle access.  Funded without any new or increased taxes, the project will increase mobility, enhance accessibility and provide transportation options.

For more information about T-REX, visit the project Web site at http://www.trexproject.com.

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