In response to the signing of the American Recovery and Reinvestment Act (ARRA) by President Obama on Feb. 17, 2009, ITT has published a new white paper on the stimulus package’s impact on HVACR and plumbing construction projects.

The white paper, The Most Important Things You Need to Know About the Stimulus Package, may be downloaded from ITT's Bell & Gossett website. Visit www.bellgossett.com, and click on "STIMULUS PACKAGE OPPORTUNITIES.” 

ARRA provides significant funding and financing opportunities to modernize, renovate and repair public schools. Under the "State Fiscal Stabilization Fund" up to $48.3 billion can be allocated to schools. An additional $25 billion in eligible bonds also have been authorized.