According to the U.S. Environmental Protection Agency, most states are on target to meet today's Recovery Act deadline for projects receiving federal assistance through the State Revolving Fund (SRF) programs.听 Considering the significant lag time due to new "Buy American" requirements and other administrative issues, this is a significant accomplishment. In fact, many states have leveraged EPA dollars with additional SRF funds by a factor of 57 percent. 澳门六合彩开奖预测 also estimates that EPA Recovery Act dollars ultimately will be leveraged nationally almost 2 to 1, yielding at least $12 billion in projects from the $6 billion allocated to the SRF's under the Recovery Act.
States that have not met the February 17 deadline will ultimately lose funds not under contract. On December 24, 2009, the EPA issued a memorandum to Regional Water Management Directors detailing criteria under which EPA would de-obligate Recovery Act funds from states that were not able to meet statutory deadlines. The memo also explained how funds would be reallocated to states that have successfully managed to execute contracts by the February 17 statutory deadline. In order to qualify for "re-allocated" funds, states must submit required information to the EPA with the guarantee that these dollars will be under contract by June 17, 2010.
Click for the EPA memorandum on reallocation of Recovery Act funds.
Clean Water ARRA Summary
A total of 1,840 ARRA agreements have been executed for $3,788,956,186, which constitutes 99.5 percent of funds available for projects. Forty-one states have reported that they are 100 percent under contract. States NOT at 100 percent under contract are: Vermont, Delaware, South Carolina, Illinois, Michigan, Ohio, Iowa, Missouri, North Dakota and听 Idaho.
Of the 1,840 executed agreements:
- 1,828 are under contract totaling $3,754,909,371 (98.6 percent of funds available for projects)
- 1,419 have started construction totaling $3,033,971,067 (79.7 percent of funds available for projects)
- 1,351 are under contract totaling $1,775,274,351 (99.3 percent of funds available for projects)
- 1,059 have started construction totaling $1,457,471,898 (81.5 percent of funds available for projects)