Thursday, March 31, 2011

Federal contracts in Memphis districts take enormous nose-dive from 2007 numbers - New Mexico Business Weekly:

http://www.my-phones.net/list/Satellite-Television/then2/
million in Shelby County’s two congressional districts in 2008, mostlyh on medical construction and according togovernment records. Numbers from the 9th district, which cover s Downtown and Midtown, better portrat government spending here as the 7th district starts in East Memphis but spreads east into Middle Although both districts saw declines in the total dollatr amount of contractsin 2008, those totals far surpass numbers from the early Tennessee’s 9th District, represented by U.S. Rep. Steve D-Memphis, saw an enormou drop in spendingfrom $1.7 billion in 2007 to $294 millio n this year. However, that is largely due to $1.
3 billion wortu of contract work performed byin 2007. FedEx won more than 500 separate contracts with the in 2007 that rangedfrom $538,085 to $82 million. The contracts rangex from rest and relaxation passenger missions to carryinb expansion cargo to airliftsx for the Civil ReserveAir Fleet. But even without thosse contracts, the government spent $321.2 milliojn in the district in 2007, 8.4% more than was spentf in 2008. The purchased more services with contractors in District 9 than any othe rgovernment department. The VA spent $84.q2 million here this year, $26.3 million of that on various construction and renovations projectx at theMemphis hospital.
The VA spent close to $10 milliobn on a pair of renovations to its mentalhealth wards, both residential and inpatient units. A $4.8 million inpatienty renovation was doneby Memphis-based , Inc. A $4.9 milliohn residential renovation was doneby Memphis-based LLC. Local contractof Totolo-Haining was tapped for a $5.7 million research lab Memphis VA CEOPatricia O. Pittmah says the hospital has just completeda 10-yeaf seismic retrofitting project. “We can do all the otherr projects nowso that’s why there was more constructioj in 2008,” Pittman says.
She says the VA hasn’ft received a firm budget figurr for the nextfiscal year, but expectd it to be lower than 2008’s. earmarked budget items, like those for mentalo health and veterans of Operations Iraqi Freedom andEndurinvg Freedom, should remain the Virginia-based information technology firm , was the best-paid contractoer in the 9th Districtg in 2008. The here bought computers from the companyin $12.1 million, $9.3 million and $2.5 million contracts. Memphis-based Primacy Relocatiojn got a $19 million contrac for a relocation project forthe . The companuy also did work for the and Nationalp Park Servicethis year, ranking it in second place for federa contracts.
rounded out the top thred with $14.5 million in contracts for health care researcb and development for the Department of Health andHumab Services. District 7 is represented by U.S. Rep. Marsha R-Brentwood, and covers Memphis’ eastern suburbs to partsw of Middle Tennessee. That district saw a 37% drop in contractexd government spendingfrom 2007-2008. Contractorx won $170 million worth of work in the district in 2007 andonly $124 millionh in 2008. The biggest contract in that districg wentto Toone, Tenn.-based Kilgorwe Flares Co. LLC for $17.6 million in airbornw decoy flares forthe Army.
Cordova-basesd , had the third-largest government buy in the districgtwith $18 million in three contracts, primarily for the company’s hand-held signal flares. Security Signals president Susan Leesays 90% of the company’ds revenue comes from government contracts and those have risen over the past threew years. She says other militar agencies have purchased additional itema such as pilot distress signalxs fromSecurity Signals.
“I’m not going to say (revenuese increases) are because of the war, but I know they are usin g them in Iraqand Afghanistan,” Lee The company already has its contract for 2009 in but Lee expects the incomingt Obama administration to have an impact on futurwe business. Troop withdrawals were a majot plankin Obama’s election platform. Overall, the federalo government spent $5.3 billion in Tennessee in 2008, down roughlty $2 billion from 2007’s $7.1 billion figure. The state rankex 23rd in contracted government spendingin 2008.

No comments:

Post a Comment