How Will Infrastructure Act Impact Businesses And Employment? - Black Star News
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ATLANTA (Dec. 30, 2021) –The Biden Administration has recently passed the $1.2 trillion Infrastructure Investment and Jobs Act creating new opportunities for government contractors. Vendorship Inc., a company that specializes in helping businesses identify and secure government contracts, is providing tips and advice on how companies can win these projects at the federal, state, city and county levels.
“This historic act creates a next generation of growth not seen since the New Deal,” said Dr. Nazeera Dawood, co-founder and CEO of Vendorship. “Opportunities for government contractors are already opening in January 2022. In fact, Vendorship has already helped clients secure two technology contracts due to the act.”
Nationwide 1 percent of the budget has been allocated to each state, with more funds available for states based on need. Billions of dollars are earmarked for state and local municipalities. According to a recent chart by CNBC based on figures supplied by The White House the top 10 states projected to receive the most money from the Infrastructure Act:
(1) California $44.56 Billion
(2) Texas $35.44 Billion
(3) New York $26.92 Billion
(4) Florida $19.1 Billion
(5) Illinois $17.81 Billion
(6) Pennsylvania $17.8 Billion
(7) New Jersey $13.51 Billion
(8) Ohio $12.83 Billion
(9) Georgia $12.34 Billion
(10) Michigan $10.78 Billion
Priority status has been given to rebuild roads, bridges, manage smart transportation, replace bridges, improve public...
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