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. Visitwww.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.