December 2007 July 2012 December 2011 December 2012 Construct ion Status Completed in December 2012 Underway Completion in 2014 Underway Completion in 2018 C onstruction b eg ins in 2014 DBE ID: 440866
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Contract Executed December 2007 July 2012 December 2011 December 2012 Construct ion Status Completed in December 2012 Underway; Completion in 2014 Underway; Completion in 2018 C onstruction b eg ins in 2014 DBE/SWaM Participation Goals 1 40.5% $545 million 29% $191 million 35% $300 Million 33% $410 million DBE Goals 15.9% $214 million 10% $6 5 .5 million 12% $108 million 11% 137 million SWaM Goals 24.64% $332 million 19% $124 million 23% $208 million 22% 273 million Jobs Supported 31,000 8,000 18,000 1,700 PPTA DBE/SWaM Programs Achieving historic results PPTA Project DBE/SWAM Programs Opening doors to DBE and SWaM businesses Some of the major benefits of large scale projects delivered through the Public - Private Transportation Act (PPTA) are the opportunities they provide for Virginia’s Disadvantaged Business Enterprise s (DBE) and Small, Women and Minority - Owned businesses (SWaM). The Commonwealth and its private partners work together before the contract is signed to establish goals for DBE/SWaM participation and after the contract is signed to bring prime contractors, diverse subcontractors and suppliers together to forge relationships to encourage partnerships on real business opportunities within the project . In order to ensure the PPTA project's success the Commonwealt h and its private partners work collaboratively to identify and encourage DBE and SWaM businesses to submit bids by hosting a series of Business Opportunity Sessions and during construction also continue to work with contractors to eliminate any challenges that may impede their success. Supporting jobs, opportunities for Virginia’s DBE/SWaM bus inesses PPTA projects are supporting tens of thous ands of jobs and have awarded over a billion dollars in contracts to DBE and SWaM companies. In fact, the Capital Beltway Express Lanes project awarded over $545 million to DBE and SWaM businesses, the largest single project contribution in Virginia’s history. 1 Design /Build only; does not include additional opportunities for operations and maintenance