Construction Stimulus

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  • Thank you to: Jack Lazarczyk of McGovern & Greene, and to Don Giegerich of URS for arranging this meeting today.
  • Construction Stimulus

    1. 2. American Recovery and Reinvestment Act Stimulus for the Construction Industry
    2. 3. Infrastructure Construction Appropriations <ul><li>Total: $149.868 Billion </li></ul><ul><li>Federal Agencies: $65.815 Billion </li></ul><ul><li>State & Local Agencies: $49.170 Billion </li></ul><ul><li>Power & Energy: $34.883 Billion </li></ul>
    3. 4. General Provisions <ul><li>Fixed Price Competitive Bids </li></ul><ul><li>No Matching Funds Required </li></ul><ul><li>Davis Bacon Act Prevailing Wages </li></ul><ul><li>Award Contracts Within 4 Months </li></ul><ul><li>Use It Or Lose It 50% First Year </li></ul><ul><li>No Casinos, Golf Courses, Aquariums, Zoos, Swimming Pools </li></ul><ul><li>No Illegal Alien Workers </li></ul><ul><li>Buy American Steel </li></ul><ul><li>Buy American Manufactured Goods </li></ul>
    4. 5. Federal Agencies <ul><li>Agriculture Construction: $16.092 Billion </li></ul><ul><li>Defense Construction: $13.237 Billion </li></ul><ul><li>Water and Environment: $12.670 Billion </li></ul><ul><li>General Federal Buildings: $10.776 Billion </li></ul><ul><li>Passenger Rail: $9.300 Billion </li></ul><ul><li>Health Facilities: $3.300 Billion </li></ul><ul><li>Emergency Preparedness $0.440 Billion </li></ul><ul><li>Federal Total: $65.815 Billion </li></ul>
    5. 6. Agriculture Construction <ul><li>Rural Housing Service $11.672 Billion </li></ul><ul><li>Rural Broadband $2.500 Billion </li></ul><ul><li>Rural Water, Sewer, Landfill $1.380 Billion </li></ul><ul><li>Watershed Construction $0.340 Billion </li></ul><ul><li>Department Facilities Construction $0.200 Billion </li></ul><ul><li>Total Agriculture $16.092 Billion </li></ul>
    6. 7. Defense Construction <ul><li>Environmental Cleanup $5.517 Billion </li></ul><ul><li>Training Facilities $3.341 Billion </li></ul><ul><li>Troop Housing & Child Care $2.230 Billion </li></ul><ul><li>VA Medical $1.150 Billion </li></ul><ul><li>Reserves and NG $0.599 Billion </li></ul><ul><li>Defense Total $13.237 Billion </li></ul>
    7. 8. Water & Environment <ul><li>Corps of Engineers $4.550 Billion </li></ul><ul><li>EPA Clean Water $4.000 Billion </li></ul><ul><li>EPA Drinking Water $2.000 Billion </li></ul><ul><li>Reclamation Drinking $1.000 Billion </li></ul><ul><li>EPA Superfund $0.600 Billion </li></ul><ul><li>Mexican Boundary Water $0.220 Billion </li></ul><ul><li>EPA LUST $0.200 Billion </li></ul><ul><li>Brownfields Cleanup $0.100 Billion </li></ul><ul><li>W&E Total $12.670 Billion </li></ul>
    8. 9. General Federal Buildings <ul><li>GSA Energy $4.500 Billion </li></ul><ul><li>Other $0.750 Billion </li></ul><ul><li>Forest Service $0.650 Billion </li></ul><ul><li>NOAA $0.600 Billion </li></ul><ul><li>Border Upgrade $0.520 Billion </li></ul><ul><li>Indian Health $0.500 Billion </li></ul><ul><li>Social Security $0.500 Billion </li></ul><ul><li>Indian Affairs $0.450 Billion </li></ul><ul><li>NSF $0.400 Billion </li></ul><ul><li>NIS Research $0.360 Billion </li></ul><ul><li>BLM Roads $0.305 Billion </li></ul><ul><li>Border Construction $0.300 Billion </li></ul><ul><li>State Department $0.290 Billion </li></ul><ul><li>Fish & Wildlife $0.280 Billion </li></ul><ul><li>NSF Repairs $0.200 Billion </li></ul><ul><li>Park Service $0.146 Billion </li></ul><ul><li>Smithsonian $0.025 Billion </li></ul><ul><li>General Total $10.776 Billion </li></ul>
    9. 10. Passenger Rail <ul><li>High Speed Corridor $8.0 Billion </li></ul><ul><li>Amtrak $1.3 Billion </li></ul><ul><li>Passenger Rail Total $9.3 Billion </li></ul>
    10. 11. Health Facilities <ul><li>New Community Health $1.500 Billion </li></ul><ul><li>Community Health Upgrade $1.300 Billion </li></ul><ul><li>NIH Central Campus $0.500 Billion </li></ul><ul><li>Total Health Facilities $3.300 Billion </li></ul>
    11. 12. Emergency Preparedness <ul><li>FEMA Fire Station Construction $0.210 Billion </li></ul><ul><li>FEMA Emergency Operation Center$0.200 Billion </li></ul><ul><li>FEMA Seaport Security Grants $0.150 Billion </li></ul><ul><li>Coast Guard Bridge Construction $0.142 Billion </li></ul><ul><li>Coast Guard Icebreaker Port $0.098 Billion </li></ul><ul><li>Total Emergency Preparedness $0.800 Billion </li></ul>
    12. 13. State & Local Agencies <ul><li>Highway Construction: $29.00 Billion </li></ul><ul><li>Public Housing: $9.86 Billion </li></ul><ul><li>Local Transit: $8.55 Billion </li></ul><ul><li>Airport Construction: $1.30 Billion </li></ul><ul><li>Emergency Preparedness $0.36 Billion </li></ul><ul><li>School Impact Construction $0.10 Billion </li></ul><ul><li>State & Local Total: $49.17 Billion </li></ul>
    13. 14. Roads and Bridges <ul><li>Formula Grants to States $27.50 Billion </li></ul><ul><li>Ferry Boat Facilities $1.50 Billion </li></ul><ul><li>Total Highway & Surface $29.00 Billion </li></ul>
    14. 15. Public Housing <ul><li>Capital Construction: $4.00 Billion </li></ul><ul><li>Section 8 and Elderly: $2.25 Billion </li></ul><ul><li>Neighborhood Stabilization $2.00 Billion </li></ul><ul><li>Community Block Grants $1.00 Billion </li></ul><ul><li>Native American Housing $0.51 Billion </li></ul><ul><li>Lead Paint Remediation: $0.10 Billion </li></ul><ul><li>Total Public Housing : $9.86 Billion </li></ul>
    15. 16. Local Transit <ul><li>Capital Construction: $6.90 Billion </li></ul><ul><li>Fixed Guideway: $0.75 Billion </li></ul><ul><li>Other Transit: $0.75 Billion </li></ul><ul><li>Transit Security: $0.15 Billion </li></ul><ul><li>Total Transit: $8.55 Billion </li></ul>
    16. 17. Airport Construction <ul><li>Airport Improvements: $1.3 Billion </li></ul>
    17. 18. Emergency Preparedness <ul><li>FEMA Fire Station Construction $0.210 Billion </li></ul><ul><li>FEMA Emergency Operation Center$0.200 Billion </li></ul><ul><li>FEMA Seaport Security Grants $0.150 Billion </li></ul><ul><li>Coast Guard Bridge Construction $0.142 Billion </li></ul><ul><li>Coast Guard Icebreaker Port $0.098 Billion </li></ul><ul><li>Total Emergency Preparedness $0.800 Billion </li></ul>
    18. 19. School Construction <ul><li>K-12 School Modernization: $14.0 Billion </li></ul><ul><li>College Modernization: $6.0 Billion </li></ul><ul><li>Federal Impact Aid: $0.1 Billion </li></ul><ul><li>Completely Eliminated In Senate Version </li></ul><ul><li>Total in Final Bill $0.1 Billion </li></ul>
    19. 20. Power & Energy <ul><li>Renewable Energy Loans: $11.600 Billion </li></ul><ul><li>Power Grid Construction: $11.000 Billion </li></ul><ul><li>Home Weatherization: $5.000 Billion </li></ul><ul><li>Renewable Energy Grants: $3.200 Billion </li></ul><ul><li>Carbon Capture Demos: $1.900 Billion </li></ul><ul><li>FutureGen $1.500 Billion </li></ul><ul><li>Environmental Cleanup $0.483 Billion </li></ul><ul><li>Sustainable Towers $0.200 Billion </li></ul><ul><li>Total Power & Energy: $34.883 Billion </li></ul>
    20. 21. Power Grid Construction <ul><li>Smart Grid Construction $4.50 Billion </li></ul><ul><li>Bonneville Dam Power $3.25 Billion </li></ul><ul><li>Hoover Dam Power $3.25 Billion </li></ul>
    21. 22. Construction Taxes <ul><li>Delays 3% contractor withholding until 2011 </li></ul><ul><li>Up to 5 year tax loss carry back for businesses under $15 million annual revenue </li></ul><ul><li>Deferral of recognition of discharged debts until 2014 </li></ul>
    22. 23. http://www.usmayors.org/mainstreeteconomicrecovery/stimulussurveyparticipants.asp Recovery.gov

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