MTA Small Business Mentoring Program - Tier 2

Upon successful completion of the Tier 1 mentoring program, a company is eligible to complete the five-year advanced Tier 2 program that provides eligibility to bid on projects valued up to $5 million. The contracts will be awarded directly without a construction manager's participation to prepare the firm to transition to active and independent contract work with the MTA. Firms must obtain a surety bond to participate.

The five-year Small Business Mentoring Program - Tier 2 includes:

• Pre-qualification
• Business plan development
• Access to working capital up to $900,000
• Bond assistance program
• Experience working on MTA construction projects up to $5 million
• Fast-track payments (10 business days)

In order to participate in MTA's SBMP-Tier 2, a firm must meet all of the following criteria:

• Must have successfully participated in the MTA’s Small Business Mentoring Program-Tier 1.
• Be pre-qualified to do business with the MTA.
• Provide at least two references for commercial work—valued at no less than $500,000 in every trade for which the firm wishes to be prequalified.
• Owner must not have a net worth (excluding primary residence) exceeding $3.5 million.
• Have annual revenue not greater than $10 million per year averaged over the last 3 years.
• Capable of being bonded: minimum $2 million single, minimum $4 million aggregate.

Once you have received your pre-qualification approval letter, you are eligible for participation in the Program. Opportunities for bidding on MTA work will be dependent upon the contractor’s available bonding capacity at the time of bidding and the availability of work in the trades for which you qualify.