When President Obama signs the legislation, expected to happen on Tuesday in Colorado, the American Recovery and Reinvestment Act clock begins ticking. The bill imposes time limits on awarding contracts for the construction projects it will fund, and for spending the money to complete them. These time limits seek to insure that the economic impact of this spending is strong and quick, but no one knows for certain whether either the government bureaucracies or the American construction industry have the capacity to actually perform according to this time schedule.
In a very small way, I am trying to help in this effort by explaining the provisions of this law, over 1,000 pages long, to the people in the construction industry who will have to operate according to its provisions, and who can benefit from these appropriations. You can preview my slide presentation on the new law here:
http://www.linkedin.com/profile?viewProfile=&key=37888633&locale=en_US&trk=tab_pro
If you have a professional organization, or a group of ten or more people from your own business, who would like to hear my presentation, feel free to call or E-mail me to set up meeting. The new law gives preference to projects where the contract can be awarded within the next four months, and requires that the funds be committed within the next six months, so time is of the essence.
If you want to read the bill, and the accompanying conference reports on how the appropriation provisions and the tax provisions of the bill resolve the differences between the House and Senate versions of this important legislation, there is a link at the lower right hand corner of the front page of my website which will take you directly to the government printing office text:
http://james-g-mcconnell.com/
If you would like to arrange an in person presentation of this material, with time for questions and answers afterward, feel free to call or E-mail me to make arrangements.
In a very small way, I am trying to help in this effort by explaining the provisions of this law, over 1,000 pages long, to the people in the construction industry who will have to operate according to its provisions, and who can benefit from these appropriations. You can preview my slide presentation on the new law here:
http://www.linkedin.com/profile?viewProfile=&key=37888633&locale=en_US&trk=tab_pro
If you have a professional organization, or a group of ten or more people from your own business, who would like to hear my presentation, feel free to call or E-mail me to set up meeting. The new law gives preference to projects where the contract can be awarded within the next four months, and requires that the funds be committed within the next six months, so time is of the essence.
If you want to read the bill, and the accompanying conference reports on how the appropriation provisions and the tax provisions of the bill resolve the differences between the House and Senate versions of this important legislation, there is a link at the lower right hand corner of the front page of my website which will take you directly to the government printing office text:
http://james-g-mcconnell.com/
If you would like to arrange an in person presentation of this material, with time for questions and answers afterward, feel free to call or E-mail me to make arrangements.
