By: Jason C. Tomasulo
In January, Maryland Governor Martin O’Malley introduced his $37.7 billion budget for fiscal year 2014, which begins in July 2013, and which includes a plan to spend $373 million for school construction and renovation. One interesting feature of the Governor’s budget is that it reportedly earmarked $25 million for air conditioning schools throughout the state, which would create specific opportunities for HVAC contractors. There are 180 schools in Maryland without air conditioning.
In order to become law, both houses of the Maryland Legislature must vote to pass the Governor’s proposed budget. If passed, this budget will provide millions of dollars of job opportunities to the Maryland construction industry. We will continue to monitor developments on the budget and track how much of the Governor’s proposed budget for school construction and renovation survives the Legislature’s scrutiny.
Jason C. Tomasulo is Senior Counsel at Cohen Seglias Pallas Greenhall & Furman PC. He focuses his practice on construction law and represents owners, general contractors, subcontractors, suppliers, and sureties.