Reports: Monthly, internal OSDBU reports; reports to the Secretary of Transportation on all line of credit approvals and loan readiness approvals. Audits: DOT has the right to audit its accounts with the banks. Records: OSDBU maintains records of all applicant files, such as approvals, pending review, loan readiness, denials, etc. All line of credit approvals will be maintained for 7 years and non-approvals will be maintained for 3 years. FINANCIAL INFORMATION: Account Identification: 69-0102-0-1-407. Obligations: (Loans) FY 99 $5,130,000; FY 00 est $6,000,000; and FY 01 est $9,000,000. Range and Average of Financial Assistance: The maximum line of credit is $500,000, and there is no minimum amount. PROGAM ACCOMPLISHMENTS: 233 During fiscal year 1999, 21 applications were approved for a total of $5,130,000. During fiscal year 2000, 22 applications have been approved in the amount of $5,218,000. REGULATIONS, GUIDELINES, AND LITERATURE: Public Law 97-449, 49 U.S.C. 332. INFORMATION CONTACTS: Headquarters Office: Office of Small and Disadvantaged Business Utilization, S-40, Office of the Secretary, Department of Transportation, 400 Seventh Street, SW., Washington, DC 20590. Telephone: (202) 366-2852; toll-free (800) 532-1169. Web Site Address: http://www.dot.gov. EXAMPLES OF FUNDED PROJECTS: Not applicable. CRITERIA FOR SELECTING PROPOSALS: Not applicable. Disposal of Federal Surplus Real Property
|