FROM THE PROGRAM ADMINISTRATOR
Welcome to the Spring 2025 edition of the Contractor Technical Assistance Program ’ s Contractor Report .
Included are several articles and resources to help you get started on the right foot in order to make the most of construction opportunities in the new year .
Of particular interest to contractors is the Contractor Capital Solutions Program ( CCSP ), discussed on page 16 , which allows contractors to use awarded contracts as collateral for to finance your cash flow on Alameda County and City of Oakland projects . Among its other benefits , the CCSP may help small- to mid-sized contractors boost their credit scores , gain skills in projecting cash flow and expected profitability , and improve the likelihood of getting surety support and capital from the traditional market .
Looking for ways to drive your business success in 2025 ? On page 4 , we look at the importance of cash flow projection , bookkeeping / back office , marketing efforts and the bid process , as well as offer helpful tips and resources , to help you navigate the road to success .
On page 19 , we explore how East Bay-based Pacific Community Ventures ( PCV ) can help you secure the loan resources to grow your company . Key services offered by PCV include small business loans , small business advising , and the Good Jobs Innovation Lab . Most of their support services are offered at no cost .
Our Contractor Success Story on page 7 focuses on Lamont Dawson of Dawson Construction Management . With the Contractor Technical Assistance Program ’ s ( CTAP ’ s ) help , Lamont has grown his business significantly in recent years , and his client list now includes other contractors , property management companies , realtors , and various municipalities .
Can spotting trends in the construction industry lead to greater success for contractors ? Absolutely ! Check out our article on page 12 to find out how identifying industry trends can impact your bottom line – including an overview of the relevance of green and sustainable construction , the concept of “ smart buildings ,” and the growing impact of safety and risk management .
Reviewing your current finances can also help your business plan for a better future . On page 14 , we review the importance of organizing your income and expenses , monitoring your cash flow , reviewing job costs and profit margins , and correctly estimating your overhead costs as key aspects of the planning process .
We wish you all the best in the new year – remember that the CTAP is here to help you with your construction contracting needs throughout the year !
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