Monarch & Co.
Chicago, IL 60607
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Illinois Department of Transportation
Project Information
- Project Location:
- Chicago, IL
- Approx Contract:
- $350,000
- Status:
- Completed - Sep 2017
- Structure Type:
- Road / Highway
References
- General Contractor:
- Ralph G. Moore & Associates
Scope Of Work
It is the Illinois Department of Transportation (IDOT) goal to provide assistance to Disadvantaged Business Enterprise (DBE) firms and individuals interested in doing business with the department in ways that ensure equity, access, and transparency. IDOT, in accordance with federal guidelines, strives to facilitate and implement programs that can help current and future business partners open the door to doing business.
The department works towards this goal in a variety of ways, most notably through the tools available at its Resource Centers, the Supportive Services Program that is executed through its partnerships with consultants who provide management and technical supportive services assistance, and corresponding supportive services programs. This support is provided at no charge to IDOT’s DBE firms, to firms seeking IDOT DBE certification, to IL UCP DBE certified firms who have an IDOT contract, and to prime contractors doing business with IDOT.
Monarch & Company performed sub-consulting work for the IDOT DBE Supportive Services program using a team of four marketing and business development consultants.
From June 2014 through October 2017, Monarch provided 4,862 business management consulting assistance hours to 148 Disadvantaged Business Enterprises in the northern region of Illinois, spanning from Chicago to Rockford, Quad Cities and Kankakee. This assistance included website development, marketing assistance, business planning, cash flow assistance, excel training, human resource assistance, certification assistance, and computer system assistance for businesses in a variety of industries, including trucking, landscaping, concrete, asphalt, professional services, construction management, land acquisition, general contracting, hydro excavation, concrete cutting, and snow plowing.
In addition, the Monarch team members facilitated or participated in 58 management and technical workshops. Collectively, more than 520 participants attended the workshops which centered around website development, marketing, prime networking, business planning, strategic planning, financial projections, excel training, certified payroll, credit restoration, financing, bonding, insurance, DBE orientation, DBE certifications, construction pre-qualification, estimating, project management, project closeout and basic takeoff plan reviews.