In program exclusive to Newarkers, learn how to compete for bonding and construction contracts for city projects
by Brick City Live Staff/September 13, 2016
As construction projects mount, one of the key questions often asked is: “How does this project benefit Newarkers?”
The city has provided an answer in the form of their new Contract Developer Initiative, which is intended to “[Ensure] that our Newark-based businesses benefit from our City’s development boom,” said Mayor Ras Baraka according to a statement about the program.
The CDI program is meant to help Newark-based contractors vie for key bonding and construction contracts for city projects. The program, to be offered by the mayor’s office and Newark’s Community Economic Development Corporation (Newark CEDC), will walk residents through the process, all in an effort to put Newark-based, minority and women contractors on a path to win bonding and construction contracts, and to work with the city and large developers on major projects.
The program, which begins December 15th at Newark CEDC’s office at 111 Mulberry Street, will run 16 sessions. While 15 contractors will be selected for the initial cohort, the city has announced that applications will be accepted on a rolling basis.
The program will include classroom sessions, QuickBooks webinars and one-on-one business coaching. Participants who complete the program’s requirements will be listed as prime contractors for city contracts and gain access to financing to secure bonds, according to a statement about the program. The first cohort of Newarkers is expected to complete the program during the summer of 2017.
The training is being presented in partnership with The Cayamette Group, a national commercial insurance and bond provider. To learn more about the program, contact the Newark CEDC at (973) 273-1040.
http://www.brickcitylive.com/wp-content/uploads/2017/01/121315_6410_Newark-Museum.jpg675900Brick City Live Staffhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngBrick City Live Staff2017-01-18 00:09:092017-01-18 07:50:57Newark Museum, a place of 'gathering' and 'refuge,' will offer free Inauguration Day admission
http://www.brickcitylive.com/wp-content/uploads/2017/01/congressman-donald-payne-jr.jpg13652048Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-17 18:01:442017-01-18 00:34:45Congressman Donald Payne, Jr. will boycott president-elect Donald Trump's inauguration
http://www.brickcitylive.com/wp-content/uploads/2016/06/halal-guys_bag.jpg8412240Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-13 13:37:502017-01-13 13:44:06Get ready! Newark Halal Guys will host a preview event on January 27th
http://www.brickcitylive.com/wp-content/uploads/2017/01/clean-green-conservancy-e1484286907921.jpg12932940Vince Baglivohttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngVince Baglivo2017-01-13 05:49:382017-01-17 09:34:00How this Newark landscaping and cleanup program is also helping rebuild lives
http://www.brickcitylive.com/wp-content/uploads/2017/01/affordable-care-act-signature-e1484251438758.jpg351654Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-12 15:04:312017-01-13 01:14:47Cory Booker, Donald Payne, Jr., Ras Baraka and state lawmakers to hold Affordable Care Act rally in Newark this weekend
http://www.brickcitylive.com/wp-content/uploads/2017/01/Uber-Driver-e1484240849901.jpg9001600Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-12 12:07:442017-01-12 12:18:05Uber establishes a new designated pickup/dropoff point at Prudential Center
http://www.brickcitylive.com/wp-content/uploads/2017/01/newark-boys-chorus-e1484108378282.jpg286479Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-11 07:35:412017-01-13 01:02:00Show your city spirit: Vote for Newark arts orgs for the Discover Jersey Arts People's Choice Awards
http://www.brickcitylive.com/wp-content/uploads/2016/11/fownders-07-e1479862482857.jpg9541632Andaiye Taylorhttp://www.brickcitylive.com/wp-content/uploads/2016/11/bcl-white-21x.pngAndaiye Taylor2017-01-11 05:30:532017-01-10 22:50:48Have an app for that? Apply to Newark Fownders to accelerate your tech startup