Federal Stimulus Funds Beautifying And Improving Tennessee Federal government stimulus funds are helping many Tennesseans cope with the recession; the estimated numbers of jobs created by stimulus funds are over 7700 and may continue to rise, particularly in light of the contracts awarded in for building and maintenance with more yet to be awarded.
The federal government has earmarked approximately 5.6 billion dollars in stimulus funds for Tennessee; many stimulus dollars have already been awarded but there are still many, many more contracts that are available for bid.
There have already been many contracts awarded in Tennessee for a variety of endeavours both for new construction and up keeping existing facilities. Many contracts have been and are waiting to be awarded for upgrading the lock system and rehabilitating some of the mechanisms and systems incorporated into them. This upgrading and upkeep is vital to the proper functioning of the lock systems as the youngest lock was completed in 1944.
There are a few contracts for projects of a medical nature that have been awarded in Tennessee as well. Almost six million dollars have been awarded to Vanderbilt University Medical Center to build a collection of centers, while the Gentry Behavioural Health Clinic will be receiving approximately 6.5 million dollars for upgrading and modernization. There was a 9.7 million dollar contract awarded to Sherrick Construction for the planning and construction of a child development center with a capacity for 200 children and a 3.7 million dollar contract awarded for repairs at Womack Army Medical Center.
There have also been a variety of other contracts awarded around the state including power plant upgrades, upgrading for the generator cooling system at the Wolf Creek Dam, and cleaning and maintenance of the navigation channel on the Tennessee Tombigbee Waterway.
If you are looking to maybe place a bid to get some federal stimulus dollars for your company then don’t delay, there are still a few contracts left to be awarded if you hurry but there isn’t much time left to make your bid.
Regardless of who contracts are actually awarded to, the 5.6 billion dollars that the federal government has set aside for Tennessee will help the entire state come through this recession in a bit better place than we would be otherwise. The circulation of more money through the pockets of the people of Tennessee is certain to help business in most every sector.