May 17, 2007 - Westminster, MD
TBG Obtains New Contract Vehicle To Aid Prime Contractors
The Maryland Department of Transportation’s Minority Business Enterprise (MDOT/MBE) program has certified The Barbour Group, LLC (TBG) as an MBE.
This certification entitles TBG to provide Surety Bonding and Property and Casualty Insurance as an MBE with MDOT, and other Maryland State Agencies.
“This certification provides our clients with a new vehicle for achieving MBE participation on publicly funded contracts,” says Karen Barbour, president, TBG. “Premiums paid to TBG for surety bonds and/or commercial insurance can now be counted toward a prime contractor’s small business participation percentage.”
TBG will also utilize the MBE certification to enhance its’ ability to compete as a prime contractor for property and casualty insurance solicitations let by various state agencies.