SEATTLE, Jan. 15 /PRNewswire-FirstCall/ -- Onvia, Inc. (Nasdaq: ONVI) (http://www.onvia.com/fp/Default.aspx), the leading provider of business-to-government solutions in the United States, covering the broadest set of industries and products at every level of government, today announced the availability of the Onvia Economic Stimulus Toolkit, comprehensive reports available by state designed to provide businesses with everything they need to know to rapidly assess and pursue stimulus-funded infrastructure, technology, healthcare, water and education project opportunities in each state.
The much-anticipated economic stimulus bill, the American Recovery & Reinvestment Plan, is targeted to be passed through Congress and signed by the President by mid-February. The final price tag could reach beyond $800 billion, with the funding likely to begin flowing during the first quarter of 2009. A main component of the plan is to provide the capital to kick start the United States economy and create jobs, beginning with a funding bill which includes a commitment of at least $85 billion for infrastructure, with highways and bridges netting more than $30 billion, transit $12 billion and aviation and rail more than $5 billion. Additional billions will be invested in technology and healthcare.
"The Onvia Economic Stimulus Toolkit fills the information vacuum that currently exists, and provides businesses with the critical insight needed to take advantage of the billions of dollars worth of opportunities rapidly forthcoming," said Michael Balsam, chief solutions officer at Onvia. "The stimulus funding is going to be allocated to prioritized projects, including those on our project watch lists, and businesses need those details now in order to effectively prepare and compete for those opportunities -- or they run the very real risk of watching their competitors get to the table first. Evaluating the opportunities by state and state-readiness is a key to prioritizing efforts."
The Onvia Economic Stimulus Toolkit provides businesses with the information they need to evaluate state-by-state opportunities now so they can prioritize next steps, begin marketing outreach, and rapidly pursue appropriate projects when the funding starts flowing. Each Toolkit features details on how the money will be spent in a given state along with state-specific "project watch lists," among other components, to empower businesses with the knowledge of where they should focus their efforts in order to effectively compete for American Recovery & Reinvestment Plan-funded projects. Each Toolkit includes:
-- State-Specific Stimulus Project Watch Lists -- A list of projects proposed within a state to receive stimulus funding across the areas of infrastructure, technology, healthcare, water and education.
-- Stimulus Bill FAQs -- Detailed responses to frequently-asked questions that businesses have been asking provides clarification surrounding the pending stimulus bill and funding process.
-- State Capital Spending Overview -- Synopsis of a state's specific capital funding program and financial outlook provides the knowledge of the key mechanisms that state uses to spend the funding.
-- State Readiness Evaluation -- Criteria to evaluate the readiness of a state to begin projects quickly once funding is available provides the necessary background businesses can use to build their RFP strategies for targeting the states, counties and cities that can rapidly take advantage of the recovery funding.
For pricing and purchase information on the Onvia Economic Stimulus Toolkit, which starts at $125 for the purchase of one state report, with discounts for additional reports, visit http://www.onviatools.com.
Onvia (Nasdaq: ONVI) (http://www.onvia.com/fp/Default.aspx) is the leading provider of business-to-government solutions in the United States, covering the broadest set of industries and products at every level of government. More than 8,000 companies rely on Onvia's customized information services to grow sales opportunities, understand buyer and seller activities and research markets. In addition, government agencies across the country use Onvia to automate their purchasing departments, resulting in increased competition, broadened access to more qualified suppliers and reduced costs. Onvia was founded in 1996 and is headquartered in Seattle, Washington.
|SOURCE Onvia, Inc.|
Copyright©2009 PR Newswire.
All rights reserved