LA METRO

Contractor Development and Bonding Program

The Contractor Development and Bonding Program assists contractors with their contracting capacity and business growth.

Assessment

Enrollment in the City of Los Angeles Contractor Development and Bonding Program.
Personal Account Manager to assist you in a professional assessment of current capacity and needs for growth.
Facilitated referrals to Program Partners and resources.

Bonding Assistance & Technical Support

Assistance with obtaining or increasing bonding capacity.
Access to LA Metro collateral support for bid, performance and payment bonds for qualified contractors.
Contract review, project assessment, and field support for program bonded contracts.
Assistance with project risk identification and mitigation.
Third party funds administration.
Accounting cost subsidy for CPA prepared financial statements.
Access to contract specific financing.
Project opportunities and industry events sent weekly via the “Blitz of the Week”.
Contractor Profile to assist with business marketing.
Referrals to specific project opportunities.

“The trainings and workshops provided by the Contractor Development and Bonding Program (CDABP) have enabled me to learn important skills, build business confidence, and see more clearly what I am capable of achieving. I learned how to navigate the public contracting system, which included getting certified as a disabled veteran-owned business enterprise (DVBE) with LA Metro. CDABP also connected me with a lender who provided a line of credit to my business. It is an inclusionary program that benefits small and diverse businesses, our communities, society, and our country.”

Ron Escobar

President and CEO

Escobar Construction