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Government

Providing perspective and contextual insights on the monetary aspects of Government within Utah that impacts the citizens of the state, from local to international, including agencies and contractors.

You Were Right; UDOT was VERY Busy Last Year.

You Were Right; UDOT was VERY Busy Last Year.

It turns out your grumbling about the amount of Utah construction work on highways, freeways, and bridges was correct. The Utah Department of Transportation was very busy in 2024. In summary, according to its detailed press announcement (distributed yesterday morning), UDOT * Completed 138 projects statewide last year, * Spending roughly $1

CATCHING-UP: The Top 49 Utah-focused Monetary, Financial and/or Business News Nuggets for the Last Quarter of 2024 that You Might have Missed

CATCHING-UP: The Top 49 Utah-focused Monetary, Financial and/or Business News Nuggets for the Last Quarter of 2024 that You Might have Missed

{AUTHOR'S NOTE: With apologies in advance, it's clear that things got a bit hectic for "Yours Truly" in the latter part of the year, especially with the births of a grandson in October and a granddaughter in November, as well as landing two new

The Utah Transit Authority Lands a $62.8 Million Federal Grant for a 7-Mile, 15-Stop Cross-Valley, Bus Rapid Transit Line in Salt Lake County

The Utah Transit Authority Lands a $62.8 Million Federal Grant for a 7-Mile, 15-Stop Cross-Valley, Bus Rapid Transit Line in Salt Lake County

The $62.8 million grant from the Federal Transit Administration will cover ~60% of the total to fund the expected $104.1 million cost to build / launch the UTA's new BRT line. Plus, the FTA grant will also cover the cost for all Midvalley Express BRT riders for

Utah's Division of Outdoor Recreation will Spend $20 Million Enhancing 31 Recreation Spots Across the State

Utah's Division of Outdoor Recreation will Spend $20 Million Enhancing 31 Recreation Spots Across the State

The complete list of all 31 recreation sites where grant monies will be spent is outlined below within this writeup. The state of Utah is spending $20 million to improve outdoor recreation at 31 sites in the months ahead. According to the recent announcement from the Utah Division of Outdoor

Multiple Yet Unnamed Utah Governmental Entities will Spend at Least $60 Million to Purchase 203* New Heavy-Duty, Zero-Emission Vehicles

Multiple Yet Unnamed Utah Governmental Entities will Spend at Least $60 Million to Purchase 203* New Heavy-Duty, Zero-Emission Vehicles

Although the final combined payment required has not yet been disclosed to complete the planned purchases, several yet unnamed governmental entities in Utah will receive $60 million in federal grant monies to purchase 203* new heavy-duty, zero-emission vehicles. Here's the rest of the story. The U.S. Environmental

NEWS BRIEF: Salt Lake City's Vobev Files for Chapter 11 Bankruptcy Protection with over $470 Million in Secured and Unsecured Debt

NEWS BRIEF: Salt Lake City's Vobev Files for Chapter 11 Bankruptcy Protection with over $470 Million in Secured and Unsecured Debt

Utah Bankruptcy Court filings show that Vobev (a Utah-based beverage can manufacturer, filler, and logistics firm) is moving forward with the Court and its debtors on a "Stalking Horse" bid process to fund the company through its voluntary bankruptcy proceedings and then sell-off the company and its assets.

NEWS BRIEF: The Air Force Sustainment Center at Hill Air Force Base has Awarded a New 10-Year Contract Worth up to $751 Million to Five Businesses

NEWS BRIEF: The Air Force Sustainment Center at Hill Air Force Base has Awarded a New 10-Year Contract Worth up to $751 Million to Five Businesses

The Air Force Sustainment Center of the Ogden Air Logistics Center at Hill Air Force Base (Hill AFB) in Roy, Utah and Layton, Utah has awarded a new 10-year contract to five businesses worth up to $751 million. According to the Contracts News page of the U.S. Department of