Provision added to disaster relief bill to help Eastern Shipbuilding
A new line in the draft bill will let
"Under the old contract we were prohibited from negotiating for additional money for increased costs," said Admiral
That meant that after Hurricane Michael, they would be unable to negotiate with the
It was going to be hard, Papp said, for Eastern to complete the project and to "stay healthy" without some negotiations. At stake in the community are 900 planned jobs and up to 5,000 indirect jobs officials believe will help jump-start the region's manufacturing economy.
But an official in Sen.
Rubio, according to the official, spoke with the President
"We've waited far too long (for disaster relief), and we're also involved in some
Papp thanked the area's congressional delegation for stepping up to advocate for this project, saying the company is "honored and delighted" to receive help.
The
While in this case it seems like the delay might work in the area's favor, in other cases the slow pace has been problematic. The most public case is the funding to rebuild
___
(c)2019 The News Herald (Panama City, Fla.)
Visit The News Herald (Panama City, Fla.) at www.newsherald.com
Distributed by Tribune Content Agency, LLC.



4-DAY DEADLINE ALERT: Kessler Topaz Meltzer & Check, LLP Announces Deadline in Securities Fraud Class Action Lawsuit Filed Against Healthcare Services Group, Inc.
Bucks socialite Claire Risoldi sent to jail, ordered to pay $10.4 million in insurance fraud scheme
Advisor News
- Private equity, crypto and the risks retirees can’t ignore
- Will Trump accounts lead to a financial boon? Experts differ on impact
- Helping clients up the impact of their charitable giving with a DAF
- 3 tax planning strategies under One Big Beautiful Bill
- Gen X’s retirement readiness is threatened
More Advisor NewsAnnuity News
- LTC annuities and minimizing opportunity cost
- Venerable Announces Head of Flow Reinsurance
- 3 tax planning strategies under One Big Beautiful Bill
- MetLife Completes $10 Billion Variable Annuity Risk Transfer Transaction
- Gen X’s retirement readiness is threatened
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Seritage Growth Properties Makes $20 Million Loan Prepayment
- AM Best Revises Outlooks to Negative for Kansas City Life Insurance Company; Downgrades Credit Ratings of Grange Life Insurance Company; Revises Issuer Credit Rating Outlook to Negative for Old American Insurance Company
- AM Best Affirms Credit Ratings of Bao Minh Insurance Corporation
- Prudential leads all life sellers as Q3 sales rise 3.2%, Wink reports
- AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries
More Life Insurance News