OAK RIDGE – Three weeks after the Department of Energy announced that Oak Ridge would receive $755 million in stimulus money for shovel-ready environmental cleanup projects, the money has finally arrived – at least the first allotment.
“We have received $604 million,” DOE spokesman John Shewairy said Wednesday.
That’s 80 percent of the total money that’s targeted for Oak Ridge projects. DOE earlier said that 20 percent would be held back in Washington and distributed later, based on each site’s progress and efficiency in conducting the stimulus-funded work.
All told, DOE received $6 billion for environmental cleanup activities under the American Recovery and Reinvestment Act, which is supposed to create jobs and jump-start the economy during these difficult times.
Shewairy said the Oak Ridge contractors can now proceed with their planned work, which includes the cleanup and dismantling of old buildings at Oak Ridge National Laboratory and the Y-12 National Security Complex.
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