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Cooper ARRA Flyer

Cooper ARRA Flyer
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Cooper Products, Expertise and the ARRA The American Recovery and Reinvestment Act (ARRA) is meant, first and foremost, to stimulate the economy. It is also focused on upgrading our nation’s infrastructure, rebuilding the utility grid to move toward a Smart Grid, and retrofitting/ constructing new buildings and facilities using energy-efficient lighting and materials. When Congress passed the final version of the financial stimulus legislation in February 2009, it contained a few key elements that will impact your business: Capitol for the renewable-energy industry intended to double domestic renewable energy capacity over the next three years. The largest increase in funding for our nation’s roads, bridges and mass transit systems since the creation of the national highway system in the 1950s. Investment of $4.5 billion in energy delivery and reliability and $16.8 billion in energy efficiency. The majority of Cooper products meet the Buy American requirements of the ARRA. There may be confusion regarding the similarly titled Buy American provisions in other legislation and the Buy American provision of the ARRA relating to domestic iron, steel and manufactured products. This document provides a summary of the various the Buy American provisions that appear in domestic legislation, but it is not intended to provide legal

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Buy America Act (US Code, Title 49, Section 5323(j)) The Buy America Act applies only to grants issued by the Federal Transit Administration and Federal Highway Administration for transit-related procurements in excess of the stated procurement amount. Projects funded by the Federal Highway Administration require all iron and steel products and their coatings to be 100% U.S.-manufactured. Projects funded by the Federal Transit Administration require all steel and manufactured products to have 100% U.S. content and to be 100% U.S.-manufactured. Different rules apply to rolling stock (trains,...

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