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Construction Stimulus

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