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Illinois Department of Transportation MENTOR-PROT ÉGÉ PROGRAM

Illinois Department of Transportation MENTOR-PROT ÉGÉ PROGRAM. Program Purpose. To provide developmental assistance to enhance the Protégés business and technical capabilities To focus on business relationships between Mentor firms and Protégé firms. Enrollment and Eligibility.

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Illinois Department of Transportation MENTOR-PROT ÉGÉ PROGRAM

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  1. Illinois Department of TransportationMENTOR-PROTÉGÉ PROGRAM

  2. Program Purpose • To provide developmental assistance to enhance the Protégés business and technical capabilities • To focus on business relationships between Mentor firms and Protégé firms

  3. Enrollment and Eligibility • Voluntary Participation • Mentor – 1.) 5 years experience (prefer as IDOT prime contractor) 2.) commit 5-10 hours/month with Protégé • Protégé – 1.) 3 years experience in highway construction 2.) certified DBE by IDOT or IL UCP agency

  4. The Mentor Protégé Plan Training AreasCan Include • Business planning • Recordkeeping • Technical assistance • Capital formation • Loan packaging • Financial counseling • Bonding • Equipment utilization • Training in new substantive/technical areas

  5. M/PGUIDELINES Mentor will • Sign a Development Plan with Protégé • Attend meetings • Review Protégé’s business and implementation plans • Identify problems and business challenges • Identify improvements in specific areas: estimating and bidding • Help identify needs

  6. Identify critical steps towards meeting goals • Respond to request for assistance on significant business problems • Provide training to increase competitiveness • Provide equipment, resources/personnel with specialized skills; provide workers under the supervision of the Protégé • Monitor Plan progress • Report Protégé progress to IDOT • Offer advice on the best ways for success

  7. M/P GUIDELINES Protégé will • Attend meetings with the Mentor • Implement goals and objectives • Utilize one-on-one supportive services • Share information:1.) Working capital • 2.) Capacity, including payroll • 3.) Material/overhead expenses

  8. 4.) Net profit • 5.) Lines of credit • 6.) Bonding limits per project • 7.) Current certificates for worker’s compensation and general liability insurance

  9. M/P GUIDELINESIDOT will • Establish M/P Oversight Committee • Evaluate potential program candidates • Assist parties in tailoring a Plan • Augment plan services to Protégé through Supportive Services • Monitorapproved Plans • Provide reports as required by FHWA

  10. M/P OVERSIGHT COMMITTEE • Serve as the “working arm” of the M/P program. • Consist of: - 3 OBWD representatives - 1 representative from Division of Hwy. - 1 FHWA official • Require quarterly and annual reports on Program accomplishments.

  11. DBE Goals & Admin. Costs • On designated larger projects, DBE goals for participants are 5% less than overall stated goal, for projects on which Mentors use Protégés as DBE subcontractors. • The M/P Oversight Committee selects projects eligible for the Program.

  12. Goal Reduction: • Eligible individual projects will have a program value of $1 million min. • The goal reduction would apply to projects with overall stated goals 15% or more • The DBE Protégé must actually perform minimum 2% of total contract award • Designated projects only in Districts 1,4,6& 8.

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