Fall 09 - Stimulus Projects in the Pipeline?

A key feature of the American Recovery and Reinvestment Act of 2009 (ARRA) is funding for “shovel ready” projects that could put Americans to work fast. Here are some ways you can participate.

  • The U.S. Department of Housing and Urban Development is offering about $4 billion for improvements to public housing units. Check with your local public housing authority if you haven’t already.

  • ARRA authorized the General Services Administration (GSA) to invest $5.6 billion in federal public buildings. Visit http://gsa.gov/recovery for more information. If your company doesn’t qualify as a GSA contractor, visit http://www.gsaelibrary.gsa.gov to identify “Multiple Award Schedule” contractors you can approach for subcontracting opportunities.

  • Of the $4.6 billion allocated to the U.S. Army Corps of Engineers, $2 billion will go to civil construction projects. Visit http://usace.army.mil/recovery.

  • The $3 billion allocated to the Department of the Interior includes funding for National Park Service buildings, monuments, trails and infrastructure, as well as school, housing, road and bridge projects for the Bureau of Indian Affairs. For state-by-state break­downs, visit http://recovery.doi.gov.  The Associated General Contractors of America has been tracking ARRA-funded opportunities. Visit http://www.agc.org/cs/the_stimulus_building_the_recovery.


Bear in mind that ARRA’s “Buy American” provisions require iron, steel or relevant manufactured goods be produced in the United States, among other requirements, that should be considered when bidding.

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The Construction Advisor is produced quarterly by Bober Markey Fedorovich.  For more information about our services, please contact Dale A. Ruther, CPA, CIT at 330.762.9785 or by email.

 

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