WASHINGTON STATE: RECOVERY SUMMER UPDATE

Transcription

1 WASHINGTON STATE: RECOVERY SUMMER UPDATE

2 WASHINGTON STATE RECOVERY TOP WASHINGTON STATE ARRA CONTRACTORS Washington State Contractor City 2010 ARRA Contract Value Small/Disadvantaged Business Status Congressional District Manson Construction Company Seattle $ 138,920,255 With state unemployment tracking below the national average, Washington has successfully demonstrated the ability to leverage ARRA funding for short term job support and long term investment in energy, water and infrastructure. Kiewit Pacific Company Vancouver $ 122,786,285 None 3 TMG Services, Inc. Tacoma $ 54,725,825 None 6,9 General Construction Company Poulsbo $ 49,377,025 None 1 Tri-State Construction Inc. Bellevue $ 45,636,485 None 1,8 Totem Electric of Tacoma, Inc. Tacoma $ 37,286,685 None 6,9 Mowat Construction Company Woodinville $ 31,790,649 None 1,8 Cherokee General Corporation Fairview $ 23,417,868 MBE/NAO 9 NBBJ Architects Seattle $ 21,880,000 Western Marine Construction Seattle $ 17,204,510 WASHINGTON STATE RECOVERY STATS Imco General Construction, Inc. Bellingham $ 15,794,702 None 2 Allocated Advertised Awarded Gary Merlino Construction Co., Inc. Seattle $ 13,812,439 $4,730,987,963 $121,031,881 Jobs Supported To Date ,530 $1,494,081,800 Dix Corporation Spokane $ 13,057,389 None 5 Randolph Construction Services Pasco $ 10,460,755 WBE/VO 4 Global Engineering & Construction, Llc Kent $ 9,965,090 None 9 Future ARRA Job Growth Awarded Contract Dollars Per Capita % $ Capital Contracting Company, Inc. Tumwater $ 8,385,195 None 3 Signal Electric Kent $ 7,591,034 None 1,2 Program Allocated Advertised Awarded Energy $134,271,421 $5,000,000 $123,161,327 Facilities $299,230,305 $24,472,754 $306,556,138 Infrastructure $1,363,057,867 $18,385,000 $447,831,580 Water $593,372,013 $16,178,000 $46,529,057 Dawson Construction Inc. Bellingham $ 7,490,000 None 2 Bruch & Bruch Construction Inc. Port Angeles $ 7,197,667 WBE 6 LKE Corporation Washougal $ 4,862,595 WBE 3 Olympic Associates Company Seattle $ 4,503,270 Serpanok Construction, Inc. Tacoma $ 4,321,822 None 6 American Construction Co., Inc. Tacoma $ 4,281,080 None WASHINGTON STATE ARRA SELECTED PROJECTS Agency Project Name Project City Project County Project Value Congressional District City of Bothell Street Stage 1 Improvements BOTHELL KING $ 12,000,000 1 Sunnyside Division Board of Control Enclosed Lateral Improvement Projects SUNNYSIDE YAKIMA $ 12,000,000 4 City of Tacoma Cushman Project - North Fork Skokomish Powerhouse Supply of Turbine-generators TACOMA PIERCE $ 5,000,000 6,9 Washington Traffic Safety Commission I-5 T0 164TH Interchange Paving OLYMPIA THURSTON $ 4,000,000 3,9 Sunnyside Division Board of Control Installation of Approximately 2,400 Feet of 63-Inch and 54- Inch Diameter Hdpe Pipe SUNNYSIDE YAKIMA $ 1,500,000 4 City of Bellingham Resurfacing of E. Bakerview and Hannegan Roads BELLINGHAM WHATCOM $ 1,300,000 2 Washington State Department of Transportation Cable Barrier OLYMPIA THURSTON $ 1,250,000 3,9 City of University Place Intermodal Transit Facility Phase 2 - Tenant Improvements UNIVERSITY PLACE PIERCE $ 798,029 6 Washington State Department of Early Learning Software to support and conduct mobile tablet based child care licensing inspection LACEY THURSTON $ 350,000 3,9 Puget Sound Regional Council Consultant Services - Planning and deployment of electric vehicle infrastructure SEATTLE KING $ 90,000 1,7 Harborview Medical Center Harborview Medical Center Photo Id Cards and Equipment for Re-badge Project SEATTLE KING $ 50,000 1,7

3 ARRA PRIVATE SECTOR JOBS IMPACT With the national unemployment rate hovering near 9.5%, state and municipal governments are searching for the capital required to extend support of existing public sector jobs and bolster regional private sector growth. To date, ARRA funding has provided quantifiable, although temporary, relief to the public sector but the impact on the private sector has been difficult to measure. Onvia captures the contract award details at all levels of government required to paint a fact based picture of the benefit to businesses. The accompanying heat map provides a state-by-state analysis of ARRA-funded private sector job support to-date along with anticipated future job support based on allocated but yet unspent Recovery funds. At the national level, Onvia is tracking 715,000 private sector jobs supported thus far from ARRA related contract awards with expected growth of 27% as capital continues to reach regional economies in the form of product and service contracts. 08/10/2010 For more information, please visit onvia.com.

4 ARRA JOBS SUPPORTED ARRA CONTRACT $ PER CAPITA ARRA % JOB GROWTH State ARRA Jobs Supported To Date ARRA Jobs Supported To Date Rank State Awarded Contract $ Per Capita Awarded Contract $ Per Capita Rank State ARRA % Job Growth ARRA % Job Growth Rank PA 73,510 1 CA 50,896 2 TX 49,105 3 CO 38,602 4 FL 38,505 5 NY 36,327 6 MD 34,593 7 MI 20,790 8 VA 20,232 9 GA 19, WA 17, OH 16, MA 16, IL 15, NJ 14, AL 13, MO 12, IN 9, NC 9, KY 9, CT 9, MS 8, SC 8, OK 8, AZ 7, LA 7, OR 7, AR 7, AK 7, TN 7, WI 6, MN 6, HI 5, IA 5, NM 5, NE 4, KS 4, ID 3, NH 3, MT 3, WV 3, NV 2, ND 2, UT 2, SD 2, WY 2, ME 1, VT 1, RI 1, DE 1, AK $ NC $ CO $ MD $ PA $ HI $ WY $ ND $ MT $ MS $ SD $ VT $ AL $ CT $ WA $ VA $ NM $ AR $ MA $ NE $ NH $ ID $ KY $ OK $ MO $ FL $ MI $ TX $ GA $ OR $ IA $ NY $ SC $ LA $ NJ $ WV $ IN $ KS $ OH $ ME $ CA $ MN $ RI $ DE $ AZ $ WI $ IL $ TN $ NV $ UT $ NC 121.5% 1 VT 111.3% 2 IL 99.2% 3 NV 91.1% 4 WV 84.1% 5 CA 71.0% 6 AZ 69.2% 7 RI 66.6% 8 WA 56.7% 9 ME 50.3% 10 OH 44.7% 11 KS 41.9% 12 DE 41.7% 13 FL 40.6% 14 IN 40.1% 15 TN 39.1% 16 ID 33.3% 17 NJ 31.8% 18 MI 30.6% 19 LA 29.3% 20 MO 29.1% 21 WI 27.5% 22 KY 22.9% 23 UT 22.2% 24 NY 19.4% 25 MN 19.0% 26 MT 17.8% 27 NE 17.6% 28 VA 17.4% 29 GA 17.2% 30 IA 16.3% 31 SD 15.2% 32 CT 15.0% 33 NM 14.8% 34 MA 14.5% 35 CO 14.3% 36 SC 13.2% 37 TX 12.6% 38 ND 12.5% 39 AR 12.2% 40 PA 11.7% 41 NH 10.2% 42 HI 8.9% 43 OK 8.6% 44 MS 7.6% 45 OR 7.2% 46 AK 5.8% 47 AL 4.7% 48 WY 3.0% 49 MD 2.3% 50

5 ARRA VELOCITY A June 2010 analysis reveals that some states excel at attracting Recovery Act project funding and quickly awarding it to contractors, while others lag far behind on both measures. Alaska, North Dakota, Wyoming, and New Hampshire placed in top of the Gold category in the analysis, while Virginia, Ohio, Georgia, Missouri, and Nevada placed at the lowest end of the Laggard category. The analysis reviewed the per capita stimulus funding received by the 50 states for projects from the Recovery Act, and the speed with which the funds have been awarded to contractors that create the private sector jobs needed to do the work. The findings were culled from agency data through March, 2010 roughly one year after stimulus money began flowing to the states. The State of Washington is a leader in attracting Recovery Act funds but is closer to the mean velocity for awarding funds.

6 ARRA VELOCITY Some states are far more efficient than others with top-level findings as follows: Alaska did the best combined job of attracting and awarding Recovery Act project funds, placing it at the top of the Gold category. Others in this category include North Dakota, Wyoming, and New Hampshire. Virginia led the Laggards category - states that attracted the fewest project funds per capita and were slowest to award them. Others in this category include Ohio, Georgia, Missouri, and Nevada. Connecticut and Massachusetts scored the highest velocity of projects actually awarded to contractors using Recovery Act funding, with 37.7% and 36.5% of funds received within the state awarded to contractors, respectively. South Carolina had the lowest velocity, 0.2%. North Carolina attracted the most Recovery Act project dollars per capita ($7,125), followed by Alaska ($2,482), Montana ($1,523), Colorado ($1,469), and New Mexico ($1,418). New Jersey and Florida attracted the least per capita ($700 and $710, respectively). Michigan, where the unemployment rate was the highest at 14.3%, ranked in the Laggard category with $821 project dollars received per capita, and with just 14% of those projects actually awarded to contractors. Nevada, which also had one of the highest unemployment rates, was also in the Laggard category at $733 per capita and 9.4% awarded. As of August 6th, 2010, Onvia was tracking roughly 72,000 Recovery Act projects valued at $190 billion, of which 24,500 projects totaling $67 billion had been awarded to contractors. ABOUT ONVIA For more than 12 years Onvia (NASDAQ: ONVI), the gbusiness Innovator, has been successfully delivering the research, analytics and tools required for companies to succeed at the intersection of business and government: the gbusiness market. Onvia tracks, analyzes and reports the spending of more than 89,000 federal, state and local government agencies, giving companies a single source for conducting open, intelligent and efficient business with government. Along with providing an exclusive suite of integrated business tools, Onvia is also the creator of Recovery.org, a website that tracks Recovery Act-funded projects, and DemandStar, the automated system that streamlines agency procurement processes. For information about Onvia visit