Spring 2021 CCSF Contractor Tools v. 2, Spring 2021 | Page 12

Understanding the Contractor Accelerated Payment Program ( CAPP )

The Contractor Accelerated Payment Program ( CAPP ) managed by Merriwether & Williams in cooperation with and on behalf of the City of San Francisco , is a contract-based loan program for Local Business Enterprises ( LBEs ). The program is organized around the principal of “ Capacity Building ” for small construction contractors to address whatever is needed to bring their firm to the next level of operational , financial , or organizational maturity so that they may more effectively advance their mission , vision , and core values into the future . The CAPP in conjunction with the Contractor Development Program ( CDP ) is not a one-time effort to improve an LBEs short term cash flow and effectiveness in completing a construction contract , but rather a continuous improvement strategy toward a sustainable and effective company .
LBEs enrolled in the CDP / CAPP are assessed for their initial capacity in the following areas :
1 . Background and organizational strength
2 . Understanding of contract terms , conditions and scope
3 . Financial reporting and knowledge thereof 4 . Project estimating and scheduling 5 . Ability to project cash flow
LBEs are then assessed for their ability to :
1 . Prepare contract payment applications 2 . Maintain daily Field Activity Reports 3 . Keep Job Cost Reports
4 . Prepare and document Change Orders when needed .
Once the LBE can demonstrate sufficient preparedness in all areas of business acumen listed above , they are prequalified for participation in the CAPP . All of this can take place in a matter of weeks , not months .
CDP / CAPP End Game : Positive Economic Impact
Documented ( tracked ) achievement of the following is fundamental to the CDP / CAPP :
1 . Attainment of public policy and / or goals for outreach and inclusion
2 . Capacity building and workforce development , as documented by # 3 and # 4
3 . Full-time employment in targeted new market economic development zones
4 . Surrounding community economic impact
John Miller , Project Manager , Contractor Accelerated Payment Program ( CAPP )
For more information about the Contractor Accelerated Payment Program ( CAPP ), please contact the San Francisco Contractor Development Program ( CDP ) at cdp @ imwis . com or 415.986.3999
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