Wednesday, February 18, Peter Orszag, Director of the Office of Management and Budget, issued a 60 page memorandum of guidance to all federal agencies responsible for awarding contracts, loans and grants under the stimulus legislation signed earlier this week. The memo contains many details about various government accounting processes and procedures, and how they will have to be augmented to provide the public with information regarding where all of the billions of dollars get spent.
Nevertheless, buried in the morass of detail is some key information important to construction businesses regarding where to look for projects to bid on, grants to apply for and loans which will be made available under the dozens of new and ongoing programs which will get the $149.8 billion appropriated specifically for construction by federal government agencies.
Before contracts are let for bid by federal agencies, the information about the bids will be posted here:
http://FedBizOpps.gov
Grants available under the federal programs will be listed here:
http://grants.gov/
Finally, available federal loan programs for construction projects will be listed here:
http://govloans.gov/
Your state government, and many large city government agencies will have comparable web sites up and running soon, if they do not have them already, listing the same sort of information about contracts, loans and grants in your local area. Good luck, and good hunting!
Nevertheless, buried in the morass of detail is some key information important to construction businesses regarding where to look for projects to bid on, grants to apply for and loans which will be made available under the dozens of new and ongoing programs which will get the $149.8 billion appropriated specifically for construction by federal government agencies.
Before contracts are let for bid by federal agencies, the information about the bids will be posted here:
http://FedBizOpps.gov
Grants available under the federal programs will be listed here:
http://grants.gov/
Finally, available federal loan programs for construction projects will be listed here:
http://govloans.gov/
Your state government, and many large city government agencies will have comparable web sites up and running soon, if they do not have them already, listing the same sort of information about contracts, loans and grants in your local area. Good luck, and good hunting!
