Category Archives: Succeed in an Economic Crisis

Win US Government Contracts Using Economic Stimulus Spending Data

On July 8, Onvia CEO Mike Pickett submitted testimony to the House Committee on Oversight and Government Reform, at the Third Stimulus Oversight Hearing to Examine Challenges Facing States, Local Governments. He spoke about the difficulties US government agencies have in quickly and completely providing transparency into their spending and contract awards.

Since the American Recovery and Reinvestment Act doesn’t require reporting on US Government contracting activity until 100 days after the contract is awarded, Americans are having a difficult time assessing whether or not the stimulus has begun to work in the US economy. In Pickett’s testimony, he said, Read more…

Research & Government Business Intelligence, Succeed in an Economic Crisis 2 Comments

Where is My State’s Economic Stimulus Funding Going?

Now that the American Recovery and Reinvestment Act has been passed and stimulus money is starting to become more available, many Americans are asking, “where is my state’s economic stimulus funding going?”

In many states, taxpayers have yet to see any real results from the economic stimulus. While it’s easy to become frustrated with the perceived lack of motion, the truth is that it’s still early in the game. Federal funding becoming available is just the first step in what can be a very long process of routing funds to state, municipal and educational agencies.

Why Hasn’t Economic Stimulus Funding Been Spent Yet?

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Small Businesses Can Compete for Economic Stimulus Contracts

A recent Wall Street Journal article, “Opportunity Knocks and Uncle Sam is at the Door,” discussed a current hot topic among small businesses: getting a piece of the $787 billion economic stimulus package. Since the federal government has a goal of awarding 23% of contracting dollars to small businesses each year, and state and local agencies have individual small business goals as well, the time is ripe for small businesses to start selling to the government. Read more…

Contract Management, Succeed in an Economic Crisis 1 Comment

Recovery.org - New Economic Recovery Website

Economic Recovery Resource

Obama’s economic recovery package is on the minds of businesses and taxpayers alike. As the funding begins to flow down to state and local government agencies, tracking where the funds are going will become more difficult. However, tracking this information will be vital to businesses interested in securing projects funded by the stimulus, and taxpayers are also interested in monitoring how the government is spending the money. Read more…

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The American Recovery and Reinvestment Plan

Earlier this month, Congress convened for its 111th session and President Obama and his transition team arrived in Washington DC. Every day more details are being discussed about the newly named American Recovery & Reinvestment Plan. Congressional leaders and the incoming administration are negotiating the components of the plan, and on January 15th the House Appropriations Committee revealed the $825B American Recovery and Reinvestment Plan.

The Senate is expected to release their version of an economic recovery bill by the end of this week. The Senate’s proposed bill may have a greater focus on infrastructure spending and less on tax breaks. While the Congress had hoped to have a final bill on the President’s desk by inauguration day, that date has slipped into February. Congress and the Obama Administration will continue to negotiate the contents of the economic recovery bill, and all of the interested parties, states, cities, and industry groups, continue to present their wish list to anyone connected with the bill. Read more…

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