2018 Small Business Week - Asphalt Maintenance
The U.S. Department of Transportation (USDOT), Office of Small and Disadvantage Business Utilization (OSDBU) is proud to highlight Miguel Lopez Jr. Asphalt Maintenance.
Miguel Lopez Jr. Asphalt Maintenance is a full-service asphalt contractor owned by Mr. Miguel Lopez Jr., CEO and Brother, Eduardo Lopez, Senior Vice President and COO. Mr. Lopez Jr. grew up working in his father’s business manufacturing precast structures such as catch basins, manhole covers, and parking bumpers used by paving contractors. The time was right in 1989 when the brothers opened the doors of their beloved company. Located in Pembroke Pines, Florida Miguel Lopez Jr. Asphalt Maintenance specializes in Asphalt Paving and Patching along with Seal Coating, Striping and Pavement Rejuvenation, in addition to performing work on Drainage, Water & Sewer and Site Work.
The spring of 2017 was a turning point for the asphalt maintenance company when owner and director of government services attended the Southeast Region’s transportation backed Bonding Education Program for small and emerging contractors around a federally DOT funded $195 million streetcar project in downtown Fort Lauderdale. Over four weeks, contractors received training to manage and grow sustainable businesses. The training program focused on making the value “real” for contractors around the topic of surety bonding as a tool that can support economic empowerment, sustainability, job creation and legacy wealth. According to Mr. Rafael Marrero, Asphalt Maintenance Director of Government Services, the Southeast Region SBTRC made several impacts on this small business. For example, being introduced to prime contractors to be able to market their services and feeling more confident about bidding on and winning larger projects.
As a result of working with the SBTRC, Asphalt Maintenance increased its bonding capacity from $4 million to a $15 million. Subsequently, Asphalt Maintenance has been awarded several federally funded contracts to include the $9 million Northeast Hialeah Market Place Project.