Washington DC Area Benefits from US Military Construction Funds
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US military construction money usually flows out from Washington, DC, to various parts of the country and the world. The amounts are often large and can have a major impact on a community’s economy.
However, there has been a growing trend for that same money to go into the communities surrounding the Washington, DC area. Just in the last month, the Naval Facilities Engineering Command Washington has awarded up to $1.25 billion in construction contracts for work in Washington and the Maryland and Virginia suburbs.
In early January 2010, NAVFAC awarded up to $750 million to 5 firms for DC area construction, and on Jan 27/10, 4 small business qualifiers received construction contracts from NAVFAC Washington worth up to $500 million…
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