CDABP BY THE NUMBERS
PRIME PARTNERS
Our 16 Prime Partners are Prime Contractors who lend their time and expertise to assist in training our contractors and readying them to take on project opportunities . Prime Partners often facilitate classes for our training academies and workshops . The support of and interaction with our Prime Partners can also lead to participating contractors building their network and being offered subcontracting opportunities .
INSTANCES OF TECHNICAL ASSISTANCE
Contractor Development Managers ( CDMs ) and other CDABP staff provide contractors with technical assistance throughout their business journey – whether they are just starting out or already established and performing work on projects . Contractors receive individualized support in areas such as strategic planning , financial analysis , sales , relationship management , industry best practices and networking , helping them to make informed decisions and take advantage of opportunities . During the period covered , CDABP staff provided 23,569 instances of such assistance .
THE CONTRACT FINANCING ASSISTANCE PROGRAM ( CFAP )
The Contract Financing Assistance Program ( CFAP ) provides contract-based financing for small and diverse contractors looking to bid and manage cash flow on public works construction contracts . The CFAP allows contractors to use awarded contracts to collateralize project cash flow funding . The CFAP participants also gain enhanced skills in understanding bid documents and their implications , conducting project cash flow analysis , and optimizing change order management .
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