DBE training courses provide crucial training and support for Disadvantaged Business Enterprises (DBEs) under the guidance of seasoned professionals in the construction industry. Tailored to meet the unique needs of businesses contemplating expansion into KYTC projects or those already engaged with KYTC work but seeking additional business training, this program is a valuable resource.
For DBEs, this program is crafted by contractors who understand the challenges you face. Their collective experience has culminated in a comprehensive course designed to kickstart your journey or enhance your existing practices. The online training comprises 13 modules, each available as individual units, providing flexibility to match your schedule and specific learning objectives.
Whether you are considering venturing into KYTC work or are already a part of it, these courses are thoughtfully structured to empower you with the knowledge and skills needed for success in the construction industry.
General topics for KYTC procurement procedures covered in the introductory workshop are to be expanded in greater detail. To provide contractors better tools, a thorough review of online resources are included. KYTC structure, as well as requirements for working with KYTC are covered.
Learn how to brand your company, design a website and develop a Capability statement. Understand that costs are not a direct expense but can be good will. Understand community involvement and the positive effect. How market your business in an indirect way.
Proper methods in preparation of a bid are tantamount to successfully winning the project. Participants will learn steps necessary in the KYTC bidding process and where to find jobs to bid.
A contractor’s approach to basic managerial accounting will be included. Participants are to learn techniques for key decision making principals using basic financial reports. Relationships between periodic financial reporting data and daily financial management will be shown.
Attendees will learn techniques for efficiently managing a small construction business. Topics to be included are business plan development, growth and cash flow management, bonding and lending strategies.
Contracting with KYTC involves proper contract administration procedures. We will highlight the most important of these including payroll requirements, equal opportunity compliance Contractor’s Performance Report, Fuel and asphalt adjustments and KYTC procedures on billing and payments.
Kentucky Transportation Cabinet
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