Specifications include, but are not limited to: Financial Management Services relative to Loan Packaging, Project Financing, Insurance,Bonding, and obtaining Lines of Credit.Procurement Identify contract opportunities, bid and proposal preparation, equipment needs,managing work schedules, navigating the consultant selection process and managing constructionschedules.Financial Management: Provide assistance to the DBE firms to determine their current financialcondition. Assess the needs of the firm and determine what steps the firm needs to take to addressthose needs. Work with the firm to identify problem areas and prescribe and assist the firm along acorrective path. Identify lending resources and assist firms with paperwork in the preparation of applications forloans, lines of credit and bonding Assist firms in identifying financial products that may provide capital to meet their needs(traditional and non-traditional) Work with firms to manage project costs and cash flow Identify potential project financing Managing cash flow Understanding and identifying insurance needs and possible resources available
