Illinois Department of Transportation MENTOR-PROT - PowerPoint PPT Presentation

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Illinois Department of Transportation MENTOR-PROT

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To provide developmental assistance to enhance the Prot g s business and technical capabilities ... Offer advice on the best ways for success. M/P GUIDELINES ... – PowerPoint PPT presentation

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Title: Illinois Department of Transportation MENTOR-PROT


1
Illinois Department of TransportationMEN
TOR-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 Areas Can
Include
  • Business planning
  • Recordkeeping
  • Technical assistance
  • Capital formation
  • Loan packaging
  • Financial counseling
  • Bonding
  • Equipment utilization
  • Training in new substantive/technical areas

5
M/P GUIDELINES Mentor will
  • Sign a Development Plan with Protégé
  • Attend meetings
  • Review Protégés 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 information1.) 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
  • workers compensation and general liability
    insurance

9
M/P GUIDELINES IDOT
will
  • Establish M/P Oversight Committee
  • Evaluate potential program candidates
  • Assist parties in tailoring a Plan
  • Augment plan services to Protégé through
    Supportive Services
  • Monitor approved 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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