construction stimulus

Copyright James G. McConnell

Copyright James G. McConnell

American Recovery and Reinvestment Act

Stimulus for the

Construction Industry

Copyright James G. McConnell

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

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

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

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

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

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

General Federal Buildings• GSA Energy $4.500 Billion• Other $0.750 Billion• Forest Service $0.650 Billion• NOAA $0.600 Billion• Border Upgrade $0.520 Billion• Indian Health $0.500 Billion• Social Security $0.500 Billion• Indian Affairs $0.450 Billion• NSF $0.400 Billion• NIS Research $0.360 Billion

• BLM Roads $0.305 Billion• Border Construction $0.300 Billion• State Department $0.290 Billion• Fish & Wildlife $0.280 Billion• NSF Repairs $0.200 Billion• Park Service $0.146 Billion• Smithsonian $0.025 Billion

• General Total $10.776 Billion

Copyright James G. McConnell

Passenger Rail

• High Speed Corridor $8.0 Billion

• Amtrak $1.3 Billion

• Passenger Rail Total $9.3 Billion

Copyright James G. McConnell

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

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

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

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

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

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

Airport Construction

• Airport Improvements: $1.3 Billion

Copyright James G. McConnell

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

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

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

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

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

http://www.usmayors.org/mainstreeteconomicrecovery/stimulussurveyparticipants.asp

Recovery.gov