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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (Oct. 2, 1985)
X • $ Agency Perspective: Department of Treasury I Iw* IJ S I d e p a rt»tu*nt <4 Ih» Ire a su ry has • -s ta filis h v d * I a " P ick ur«*rn«*nt Pr**t«,r«,nc e tt,«n, tor sin,H pure h»is«'s untier $■> <MI) t« > lirrns I he O tt« e <4 S n i.ii' and Dis.tclvanta-rcsi list o r to firms u/a tw »n d )S l > B l I ) i oc a d irvito r s and i o n tu u tin g o ftx e rs for îre a s u ry s 12 M'i»'» ted iro n die bidd ers P ro g ra m ’ to o p p n u p proc u n rn e n t opj»or k n o w n by the p ro c u re m e n t o ffk e t unities to sm all busrra*ss«*s b u s in e s s c o n tr a c to r s re c e iv e d 4ü ■ *t tre asury s aw ards. a n d the gc».»! tor 19H5 is interested A c c o rd in g to Ire asury, Business firm s ar. invited to in fo rm the various Treasury 50 pr<N aem«*nt offices <4 die a rticle s a rn ic a hi 19H4 s n .a I reasuryt’sc e n tra i rese*urc «• tor assistai«) sm a ll b u sin e sse s and is its O ffn e Disadvanta<|<*d B u sin e ss ol S m all U tiliz a tio n pro» u r n n e n l «»fixes ( .in iw re.tc fu s i af the toile >wing te k u ifu a w num f*ers serv • «»s th e y fiave to offer A n a p p o in tm e n t should tie m ade in all case's w fie re «» visit is > m adm ator 2H2 5hb ( o n tr.u tm q « »I tu er ?» 12 '«nn &)7() . iestrec i «OSI >BU) to tx* B u s l l H ’ SS I If I tie to f.il p ro je t ted bu dget le »r lMK'i is $24 i m illion w ith 50d targ e te d to sm all lousinesses B rea kin g th is d o w n fu rth e r 5 9 o ld , , fota a m o u n t is slated for Kt A ) c o n ,parues 14 «4 die to ta l to d ire t t aw ards to m in o rity enter •uses, and 2 b going to w o m e n own«'d f n iS IT U 'S M ’ S I he first s te p a s m a llb u s irw s s in te re ste d tn OSDBC HI K l A l t O N I K A I IO K ( >tt.« e <4 th* S« c retary A ko in » îoha< t o & f irea rtns ;<02 566 6992 .11,’ XX) 80/11 XX), 42 I .’ll.' 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'XX> 2405 :i)2 i l , ‘H u i I i »graving & Pt inting 202 44 7 9449 202 267 2229 1 aw. 1 lite at et • writ 1 i a. th» a p p ro p ria te p ro c u re m e n t otfic«' n .-. < >w I Pr< m u rem en t ottic es m a in tain c opies Interna Kevenne ber ; ,< ♦ 202 515 4787 .112 5 1 , -181x1 U S M in i .’ll.’ .1761X1/0 .112 1/61X1/0 c u rre n t Public I Jebt 202 447 0691 202 4-1/ 0691 In a d d itio n to lortna! b id s , Ite asurv Savnigs ik axis ma«, m ake infc»rm.ll requests f»y tel. ph<»ne < a Se, ret S« r vx • .11.’ 61-1 2061 .112 XX, 6681 20? 614 2061 .1(2 566 69.«) . • 4 fe te ie n « • in vita tio n s for furls tor r«*.uiy f nau» .a M , r , t S« i ng ( fr 912 26,' 221« 1 .’ll.' 515 91 ,'(> Ire asury |»rot u re m e n t m ust tak«* is to fiave the i < in ,p a lly pl.u eel o n the " ’ "d(i< f • ’ list < 4 , . .112 515 9.151 X * Bonneville Power Administration .S M r J o s e p h T a y lo r is (h e n e w P re s id e n t o f th e C o lu m b ia River U n it o f th e O re g o n S o c ie ty of Tax C o n su ltants He w a s elected in A u g ust for 1986 86 by u n a n im o u s v o te M r Taylor is a Licensed Tax Con s u lta n t an d fo rm e r in s tru c to r fo r H b R B lo ck and P o rtlan d C o m m u n ity C ollege H a ta u g h t both Basic a n d A d v a n c e d In c o m e Tax c la s s e s In 1981 M r T a y lo r b e g a n his o w n s u c c e s s fu l tax fir m , J ft M T a y lo r a n d A s s o c ia te s , lo c a te d a t 5621 N E 39th, Portland ■'S Bend food service firm chosen minority enterprise honor .• * • '> T f I h > A Bend minority business owner will be honored in Portland on C)c tober 8, 19 8 ' as the Small Business A dm inistration's Minority Small Business Person of the Year lor Oregon I his prcsenlailon will be made in conjunction with the National Minority Enterprise Week, October 6 12. 1985 I hat week has been proclaimed by President Reagan to honor this n atio n 's 6(8),(88) minority o w n ed businesses and the mans vital con tributions they have made to our nation's economy. I u /o n Services, Inc., 1 u/vuninka M ck itn ck, President, was selected on the basis ol its outstanding sue cess in business developm ent. Established in 1979 to provide l u l l food services and facilities management to m ajor government and commercial installations nation wide. I u/on Services, Inc has been successful in penetrating a highly competitive market Over this past sis year period, the film has grown to employ 280 people and has attained a sales level ot almost 1 million a seat In his proclam ation designating M inority I nterprise Development Week. President Reagan said that “ the talents, insights and hard work ot minority Americans are adding to out nation's technological prowess providing us with new solutions to important problems and creating jobs in many industries.'' Peter A Plumndge, acting District Director ol the P ortland Small Business Administration Office, said “ Minority I nterprise Development Week provides all Americans a special opportunity to salute m inority e n trepreneurs As the President >aid in his proclam ation, 'W e should do every thing in our power to preserve (economic) freedom and expand it so that opportunity tor all will continue to be the defining characteristic ol our so cie ty.’ ” I u/on Services, Inc will be lor mails honored at a special Minority I nterprise Development Week lun cheon to be held at the Red I ion Motor Inn, lant/cn Beach, on ()c tober 8 I Ins luncheon w ill be held in conjunction with Minority Business O pportunity Dav V III, a d a y -long celebration which will include a revet se trade lair, awards luncheon and business workshops Minority Report " I lie aveiage annual lailure rate o l minority firms in existence since 1972 is orilv 12.7 percent a substantiallv lower rate than had been assum ed,'' according to economist Gavin Chen He abo noted that the best estimation ol failure rates tor all business is ap proximatelv eight percent annuallv ( hen, an economist lot the Minor ity Business Development Agency (MBDA) is co author ol the report, W in o rm Owned ftr/vr/rcvv Problems and Opportunities, a /(W.f ( pdate " I Ins report also found that the an nu.il average lailure tale lo t businesses owned bv Blacks, Hispanics, and Asian Americans are almost identical Ihev were 12 ’ percent, 11 9 percent and 12.1 percent respectively However, a major difference was found m the business formation rates among the three etlui', groups Blacks had an annual aveiage formation rale ol 14 9 percent compared to 17.2 per cent for Hispanics and 2D ’ percent tor Asian Americans Page 8 a w r VV'». fs V- Section II According to t hen, “ I lecjueutlv in the (Hess, and sometimes in scholarly journals, we tmd statistics suggesting licit anywhere from 50 to 95 percent of all minority businesses tail each year However, actual tabulations ot minor its firms in existence in 1972 indicate that, live veats later. 61 5 percent had gone out ol business. I Ins con verts to an average annual lailure rate ol 12 7 percent " Ibis study compiled bv the Re search Division of MBDA revealed that minority owned businesses are rapidly becoming mote diversified While minority owned turns remain heavily concentrated in personal sen ices and retail trade, todav they are expanding in areas such as business services, finance, insurance, real estate, transportation, and wholesale trade. Minority turns in the expanding in dustries "tend to provide significant earnings to their owners and yield profits often larger than similar non minority firms," the report stated Portland Observer Octotier 2, 1985 Part of the U.S. Department of Energy BPA welcomes the small business bidder able to furnish needed goods and services. By encouraging small business firms, the agency seeks to broaden competition among potential suppliers and to help strengthen the regional economy. The goods and services BPA buys are often the same as those used by ma/or electric utilities. We have ordered armor rods, conductor, control cable, substation steel, and survey markers Current bid openings include requests for such varied items as insulators, bushings, common interface boards, memory upgrade, and wooden poles BPA also contracts for construction work. Recent awards were made for two new substations; relay house construction at the Columbia Falls. Montana, substation; and the addition of 230kV G/S equipment at the Ponderosa. OR substation Future bid openings for substation-related work include construction of storage buildings; weatherization; oil spill containment pro/ects at three locations; and drainage renovation at a Washington substation. Other bid openings will include substation remodeling, clearing of construction sites, and co n stru ctio n - including foundations, tower erection, and conductor stringing BPA will also be upgrading three transmission lines in the state of Washington To find out about bid openings, apply for placement on bidders mailing lists, and obtain further information about doing business with BPA. call Carl H Deiz. Small Business Specialist. (503)230-3630. between 7:30 and 4:15.