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    Archive for June, 2009

    STIMULUS LAW CONTAINS H1B FOREIGN LABOR RESTRICTIONS

    Section 1611 of the ARRA, called the Employ American Workers Act, was added to the stimulus bill by Senators Sanders (I-Vt.) and Grassley (R-Iowa) to limit certain banks, financial institutions and businesses that receives funding under Section 13 of the Federal Reserve Act (12 U.S.C. § 342 et seq., authorizing the Federal Reserve’s “Discount Window” [...]

    VA SENDING $250 STIMULUS CHECKS TO ELIGIBLE GUAM VETERANS

    Some 1.9 million U.S. veterans and eligible beneficiaries will be getting $250 economic stimulus checks between June 22 and June 30, according to the Department of Veterans Affairs.
    A provision of President Obama’s economic recovery plan, the $250 checks will go to those VA beneficiaries who have received VA’s compensation, pension, dependency and indemnity compensation [...]

    UOG GETS $500K IN USDA T-STAR GRANT

    The University of Guam’s Western Pacific Tropical Research Center (WPTRC) has been awarded a $510,165 T-STAR grant from USDA.
    T-STAR (Tropical and Subtropical Agriculture Research) is a special grant program explicitly for research that enhances the development of sound tropical and subtropical agricultural practices including value-added product development and the control of diseases, insects, weeds, and [...]

    OMB A-133 COMPLIANCE SUPPLEMENT FOR 2009 PROVIDES ADDITIONAL ARRA GUIDANCE

    On May 26, 2009, the White House Office of Management and Budget (OMB) released the 2009 OMB Circular A-133 Compliance Supplement (the Supplement) effective for audits of fiscal years beginning after June 30, 2008, superseding the 2008 OMB Circular A-133 Compliance Supplement.
    The new annual Supplement contains information updated to reflect new programs, deleted programs and [...]

    AUDIT: HUD FUNDING TO GHURA REDUCED

    The Guam Housing and Urban Renewal Authority had to tap into its reserve funds to maintain its Section 8 housing program, which provides rental assistance vouchers to eligible low-income families.
    But GHURA Executive Director Benny Pinaula said the agency remains in stable financial condition and none of its services or programs are threatened.
    The agency had to [...]

    GUAM OPENS WASHINGTON DC LIAISON OFFICE

    The Governor of Guam has opened a liaison office in Washington to respond to federal policies that affect Guam. The new director, a Cabinet official yet to be named to the position, will track the military buildup, health care reform, immigration laws, stimulus money, and more.
    Shawn Gumataotao, the governor’s chief of staff who has been [...]

    GUAM GETS $662,000 IN STIMULUS MONEY FOR WOMEN PROGRAMS

    Guam has been awarded $662,000 in recovery funding for its violence against women programs. The money was made possible through the American Recovery and Reinvestment Act’s STOP Violence Against Women Formula Grant Program.
    The financial assistance will go toward the hiring and retention of criminal justice and victim services personnel who respond to violent crimes against [...]

    AIRPORT AWARDED $4.8 MILLION IN ARRA GRANT FUNDING

    The A.B. Won Pat International Airport is pleased to announce that the Federal Aviation Administration has awarded grant funding in the amount of $4,807,180.00 for the Rehabilitation of Runway 6L/24R under the American Recovery and Reinvestment Act (ARRA) 2009.
    Under ARRA, the FAA will pay 100% of allowable costs incurred in accomplishing this project. [...]

    USDOE ALLOCATES $108 MILLION ARRA FUNDING “STATE FISCAL STABILIZATION FUND PROGRAM”

    Guam will be receiving $108 million in financial assistance through the State Fiscal Stabilization Fund program, which the government of Guam can tap to address the needs of John F. Kennedy High School students, Congresswoman Madeleine Bordallo announced yesterday.
    “These funds present a unique opportunity for our local government to repair schools and improve the quality [...]

    PORT OF GUAM AWARDED $2 MILLION IN STIMULUS FUNDS

    The Office of Economic Adjustment awarded the Port Authority of Guam $2 million in federal stimulus funding to bolster its modernization efforts.
    The port authority said it will now issue a “Notice to Proceed” to Parsons Brinckerhoff International, which is the agency’s agent/engineer, to move forward with the studies and permits associated with the grant.
    The [...]

    Guam gets Nothing from $5.5B Stimulus Fund for Construction

    The General Services Administration’s Public Building Service will receive $5.5 billion in federal public building projects under the American Recovery and Reinvestment Act of 2009.
    Of the amount that the building service stands to receive, $750 million will be used to renovate and construct new federal offices and courthouses. However, Guam will not be receiving any [...]

    USDA LANDFILL LOAN FAVORABLY HEADING TOWARDS APPROVAL

    The government of Guam’s loan application with the U.S. Department of Agriculture to cover the cost of building a new landfill in Layon has been preliminarily approved and the governor is expected to make an announcement.
    Joseph M. Diego, USDA area director said the loan application is still being processed and that Governor Felix Camacho [...]

    NEW NEGOTIATED INDIRECT COST RATE AGREEMENT AGREEMENT ADOPTED FOR FISCAL YEAR 2009

    Recently, Deborah Moberly, coordinator of the Indirect Cost Services division of the United States Department of Interior’s National Business Center, transmitted to the government of Guam, the approved Fiscal Year 2009 Negotiated Indirect Cost Agreement. The negotiated rate for Fiscal Year 2009 is 26.95% for the 12 month period ending September 30, 2009.
    The Guam State [...]