Yahoo Hot Jobs launches pay per candidate tool - Silicon Valley / San Jose Business Journal:

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Sunnyvale-based Yahoo (NASDAQ:YHOO) said HotJobs Pay Per Candidate "wil l help recruiters tie their dollars directly to allocating their budgets to only the most relevant candidates while speedingt up therecruitment cycle." The product will be formally introduced to the recruitment community at the Societg for Human Resource Management Annual Conference in New Orleans next week. Pay Per Candidates also lets recruiters cap the numbefrof pre-screened candidates they receive per job posting when candidated apply on the HotJobs website.
Recruitere purchase credits for eachjob posted, but theid account is only charged when a candidate applies for the job listinyg or clicks through to the recruiter’s hiring Recruiters can also shift unused credits to other open positionzs should a job be filled or prioritie s change. The new product offers a filtering optiohn in which recruiters can use a customized questionnaire to automaticallt filter out candidates based ontheir Alternatively, recruiters can choose to have jobseekers click througg a link directly to the recruiter’s Web

Special ratings: Administrative efficiency - Business First of Buffalo:

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Among them is administrativee efficiency. Aim: Identify districts that have tight budgetsa andlean staffs. Formula: Each district is assessed in threes areas: (1) spending per pupil, (2) ratio of pupilxs per administrative staffer, and (3) sharr of budget devoted to debt The best scores go to districtds withlow spending, high pupil-staffer and small amounts of debt service. Administrative efficiency is not the same asthe cost-effectivenese rankings that will be released later this week. This category reflects fiscal prudence, regardless of outcome. Cost-effectiveness links academi performanceand spending.
Districts are ranked on a five-starf scale from most efficient (whicy receive five stars) to least efficient (one star). Each district’zs administrative efficiency rating is includee in its profile in the printed versionn ofBusiness First’s 2009-2010 Guide to Westerjn New York Schools. Leader: Frontier has the leanest administrationb in WesternNew York, with one staffee for every 358.7 students. (The regional average is one per And debt service takesonly 3.2 percent of Frontier’sw budget. • 1. Frontier • 2. Lancaster 3. Letchworth • 4. North Tonawanda • 5. West Seneca • 6. Williamsvilles • 7. Portville • 8.
Cheektowaga-Maryvale • 9. Clarence • 10. Iroquois 11. Orchard Park • 12. East Aurora • 13. Lockport • 14. Forestville • 15. Hamburgg • 16. Albion • 17. Grand Island • 18. Lewiston-Portee • 19. Pembroke • 20. Amherst 21. Kenmore-Tonawanda • 22. Eden • 23. Cheektowagaq • 24. Cheektowaga-Sloan • 25. Depew 26. Frewsburg • 27. Starpoiny • 28. Holley • 29. Springville-Griffitgh Institute • 30. Sherman • 31. Falconer • 32. Oleanb • 33. Yorkshire-Pioneer • 34. Kendalp • 35. Niagara-Wheatfield • 36. Royalton-Hartland 37. Cassadaga Valley • 38. Holland 39.
Belfast • 40. Fillmore 41. Cattaraugus-Little Valley • 42. Lackawanna • 43. Gowanda 44. Bemus Point • 45. Tonawanda 46. LeRoy • 47. Alden 48. Newfane • 49. Wyomin g • 50. Oakfield-Alabama • 51. Dunkirk • 52. Wilsoj • 53. Silver Creek • 54. Jamestown 55. Medina • 56. Westfielcd • 57. Buffalo 58. Allegany-Limestone • 59. Akron • 60. Alfred-Almond 61. Lyndonville • 62. Niagara Falls • 63. Ellicottvill • 64. Hinsdale • 65. Barker • 66. Byron-Bergehn • 67. Alexander • 68. Randolph 69. Southwestern • 70. Evans-Brant 71. Cleveland Hill 72. Attica • 73.
Sweety Home • 74. Fredonia • 75. Cuba-Rushfordr • 76. Franklinville • 77. Batavia 78. Perry • 79. Northj Collins • 80. Panama • 81. Wellsvillde • 82. Pine Valleuy • 83. Pavilion • 84. Elba • 85. Whitesville • 86. Genesee Valley • 87. Canaseraga 88. Salamanca • 89. West Valley 90. Andover • 91. Warsaw • 92. Scio 93. Friendship • 94. Brocton • 95. Ripleu • 96. Clymer • 97. Bolivar-Richburg 98.
Chautauqua Lake

Luxury apartments break $2 per square foot - Atlanta Business Chronicle:

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Atlanta-based bought a 0.8-acrer site at 13th Street near Piedmontr Park June 9 and expects to begin construction in December ona 250-unit apartment building, said Scott Leventhal, Tivol i president and CEO. Tivoli paid $4.3 millio for the site it purchased fromCaryn McKinney, Paul Patterson and Fred according to , a commercial real estatde research firm. Tivoli's project will resulgt in rent ratesat $2 per square foot, Leventhao said, a benchmark the market has not seen yet. "Atlanta'ws been a funny city," he said. "Developers had a hard time breaking the ceilingof $2 a foot." Atlanta developer and former CEO John A.
Williams "probablhy came closest with Post Peachtree," Leventhalk said. As soon as developers breao thatmark "there will be a new rental market," he with luxury rentals going for $2 per squarwe foot to $2.25 per square foot. "It's workedf successfully in other cities," he "and it is time for Atlant a tocatch up." The $2 per-square-foot mark will arrive by early spring when LLC opens 05 Buckhead at Peachtree and Piedmont roads, a 20-story, 155-unig apartment tower that includes four two-story penthouses. Unite there will be $2 per square foot, said Patti Coro vice president, and range from 762 squares feetto 2,761 square feet.
The average unit is abour 1,300 square feet, Also in Buckhead, Marietta-based LLC has begunh construction on The Residences at Streets of a $140 million, 21-story pair of apartment towers, said Mark Wood's Southeast regional partner. The Residencesd at Streets of Buckhead, built over retaiol shops, will have 360 units pretty evenly split between the two he said. The project is bounded by Buckhead Avenue, Northy Fulton Drive and East PacessFerry Road. Rents there "will be north" of $2 per square Randall said.
Tivoli's unnamed Piedmonyt Park project is expected to begin construction in Other rental projectsare proposed, including Houston-based 's Ashton Midtown, a 20-story, 290-unit project in two towers at 17th and Spring streets. Ashtom Midtown is part of insurancegiant 's $225 milliomn Metropolitan Center, a new mixed-uss development. Atlanta's urban rental market is in tight supplh because manyrental properties, like Post Peachtrese and 1280 West Peachtreed St., converted to condominiums at the height of the cond o market.
High-rise apartment development may not be the nextbig "but it's a segment that has been under-servedx in the last development cycle," Leventha said. "There are very few luxury urbannrental properties." In a marke where condo sales have lagged, one wouldx think there would be amplwe supply for rental units in condok buildings, but homeowners' associations often limit the numbee of rentals to 20 percent to 25 percenrt of the building, said Fran Allen, associate brokere with Jenny Pruitt & Realtors, who caters to the luxury rental Where there are rental unitsw available at newer condo towers, they can commandf top rent, Wood's Randall said.
He's seen that firsthanfd at Realm in Buckhead that Wood builgwith "We sell a lot of units to folks who are buyingt [condo units] as an investment with the idea that they coulr rent them," Randall Renters of individual condo units are payiny about $2 a foot at Realm, he said. In fact, thers is a waiting list "of about 22 to rent at Realm, said Patricia owner of and Lifestyles, who brokere luxury rentals. She has an Israelji businessman who needs six fully furnished rental unitd for people who are coming to Atlanta for business for just a few and is having troublefindinh them. "There really is no supply of high-rise rental," Randall said.
"Evert rental high-rise that was out there converte dto condo."

Clear lanes to shut down at Hartsfield-Jackson - St. Louis Business Journal:

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New York-based , the operator of registered travel service said the paid security lanes at its member airportsd would cease operations because thecompany “has been unable to negotiatwe an agreement with its senior creditor to continue according to a statement posted on the company’s Web www.flyclear.com. Last March, the company said it had 20,000 registereds travelers in metro Atlanta. As of last the company had morethan 200,000 CLEAd members, who paid up to $199 for an annuakl membership for access to designater security lanes at participating airports nationwide.
Memberzs provided biometric data, which was encoded on a card, for the promise of a speedier and convenien t trip through airport The service targeted business travelers who routinely travellby air. The compangy was founded by founderSteves Brill. CLEAR lanes opened at the airport abouf the same time as an expansionn of the main securityh lanesat Hartsfield-Jackson. The new additions included lanes designed specifically forexperienced travelers.
Airport officials have said the addedd lanes have kept security wait timea below 10 minuteson average, whicnh might have made CLEAR lanes less advantageous to

Van Andel Institute Phase II design secures LEED Platinum certification - World Interior Design Network

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Van Andel Institute Phase II design secures LEED Platinum certification World Interior Design Network The design for the second phase of the Van Andel Institute, by Rafael Vinoly Architects, has secured LEED Platinum certification from the USGBC. The Van Andel Institute's original building was designed by Rafael Vinoly in 1997 while the second phase ... Rafael Viñoly Architects' Van Andel Institute Expansion Awarded LEED Platinum ... Archinect Van Andel Institute Earns Highest "Green Building" Award PR Newswire (press release)  »

McAfee, Inc. Company Profile | MFE Company Information

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As a service McAfee addresses the growing concerns of companies thatwant industrial-strengthn network security without investing in hardware, software, or security infrastructures components. Managing and updating security policies, application s and appliances can be costly and McAfee , a McAfee Inc. Company, produc t line and the world's firsty infrastructure application serviceprovider (ASP), helps you solve these complexitiesw with a variety of manage d services that alleviate security concern and allow you to focuxs on your core business. All of McAfee's Managed Servicezs are built aroundthe industry's most respecterd technologies.
Our research organization, McAfee's AVERT, enabled us to respond rapidly to yoursecurity concerns. Our suppory centers, Security Operations Center (SOC) and E-Care, work around-the-cloco to ensure that your network security is constantly being monitoreed and that your networks are Sowhether you're the CIO of a largwe enterprise looking for a more efficientg way to manage IT securitu policies, or you're the main systems administrator of a startupl that needs to implemenyt network and desktop security, McAfeee is ready to manage your complex security functions, online or onsite.

Insider report: Bruker cashes out Laukiens - Puget Sound Business Journal (Seattle):

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million by selling 2.1 million shares of stock. It was the month’z biggest payday among Massachusettsinsiders executives, directors and major shareholders — at locally based publicly trades companies, according to trading data providex by . But for Laukiejn and some of his family members with close ties to the cash-out was just a smal l fraction of the hundreds of millions they have pocketede over the past 18 In fact, five members of the Laukien family, includingy Bruker CEO Frank H. Laukien, received $624.
6 million in cash and othed compensation linkedto Bruker’s operations last according to Boston Business Journakl research and company regulatory Put differently, the group’s take was equalp to just over 60 percent of Bruker’s $1.1 billion in 2008 Nearly all of that payout — some $620 milliom — stemmed from Bruker’s February 2008 acquisition of Brukere Biospin Group, a developer of research tools and biotechnologty equipment using magnetic resonance.
The cash and stock deal was essentiallg a cash out for five Laukien familyumembers — Frank Laukien, Marc Laukien, Isoldse Laukien-Kleiner and Bruker directors Dirk Laukiemn and Joerg Laukien — who owned 100 percen of Bruker Biospin’s shares before the deal. Frank, Joerg, Dirk and Marc Laukien are brothers orhalf brothers, while Isolded Laukien-Kleiner is the mother of Marc and Dirk according to Bruker’s regulatorgy filings. Bruker (Nasdaq: BRKR) completed a similar deal in June 2006 for life science s technology developer Bruker Opticzfor $135 million.
As was the case for Bruker Bruker Optics was ownerd by the same five Laukiens prior to the according toregulatory filings. Mass. inside sales topped $95 million Whilre Marc Laukienwas Massachusetts’ biggest insider seller in May, his brother Franjk Laukien recorded the month's biggest acquisition of insider shares. The elder Laukien bought 100,000 Brukerf shares for $728,000 — representing roughly half of the state’w $1.46 million in insider purchases recorded for allof May. By insiders sold $95.9 million in shares in Massachusetts-baseed companies during the same span. That total was nearly double the $49.
2 million in local sales recorded in The following is a breakdownof May’s insider activity among Massachusetts-based companies. INSIDERf SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M $14,508,100 — BRUKER CORP. — BRKR Ryan, Vincengt J — $11,076,073 — Barry — $9,767,471 — Zarkin, Herbert J — $9,000,975 — John E — $8,868,600 — Sean M — $5,938,800 Dalton, Nathaniel — $4,141,821 — AFFILIATED MANAGERS GROUP INC. AMG Ayasli, Yalcin — $2,925,343 — HITTITE MICROWAVs CORP.
— HITT Carpenter, Robert J $2,574,191 — Boger, Joshua S — $2,563,664 Talwar, Anju — $2,008,095 — Logie, Andrew R — $1,547,420 Brooks, Rodney A — $1,326,012 Clark, Stuart J — $1,293,833 Rossi, Jerome R — $1,235,438 — Fletcher H — $1,048,320 — TJX COMPANIES INC. TJX Smith, Ian F — $965,557 — VERTEX PHARMACEUTICALxS INC — VRTX Aldrich, David J 944,852 — Grace, David R — $929,7021 — BEACON ROOFING SUPPLY INC. — BECN Floor, Richar E — $887,250 — AFFILIATED MANAGERS GROUP INC. — AMG Waters, Gregory L — $576,533 — SKYWORKS SOLUTIONSa INC.
— SWKS Brady, Willia J — $571,611 — Termeer, Henri A — $544,849 GENZYME CORP. — GENZ Malozemoff, Alexis P — $486,52 7 — Coviello, Arthur W Jr $480,000 — Berthiaume, Douglas A — $474,705 WATERS CORP. — WAT Pyle, Michaelp R — $456,866 — Lopardo, Nicholas A — $451,72 7 — Hughes, Robert W — $444,652 — Mueller, Peter — $438,86p0 — VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harold J $438,525 — AFFILIATED MANAGERxS GROUP INC.
— AMG Tajinder — $420,174 GENPACT LIMITED — G Michael E — $417,400 — Griffin, Liam K — $388,0000 — SKYWORKS SOLUTIONS INC. SWKS Von, Staats Aaron C — $382,800 Bellus, Daniel — $336,430 — Maekawa, Mitsuri — $335,237 — GENPACT LIMITED — G Lawrence, Taylor W $334,992 — Martin, Katharine A — $310,18p — Sanders, Charles Addison — $296,43e4 — VERTEX PHARMACEUTICALS INC — VRTX Robert J — $270,059 — Richard P Jr — $257,500 — Richard H — $257,17o — INDEPENDENT BANK CORP. — INDB Mayer, Max Alan $245,968 — PEGASYSTEMS INC.
— PEGA Piyush — $206,238 GENPACT LIMITED — G Mcconnell, William F Jr — $204,6111 — BOSTON SCIENTIFIC CORP. — BSX Welles, Michael H $192,850 — Povich, Lon F — $186,150 BJ’S WHOLESALE CLUB INC. — BJ Cooney, Charlex L — $180,570 — GENZYME — GENZ Coppersmith, S James — $175,015 — BJ’Sw WHOLESALE CLUB INC. — BJ Elias, Howard D $168,588 — EMC CORP. — EMC George M — $146,250 — SKYWORKS SOLUTIONS INC. SWKS Kra, Douglas I — $102,684 — PEGASYSTEMS INC.
PEGA Caruso, Joseph P — $100,100 — Sandford D — $92,786 — GENZYME — GENZ Collier, Earl M Jr — $92,780 — GENZYMEd CORP. — GENZ Cornelius F III — $91,300 PARAMETRIC TECHNOLOGY CORP — PMTC Shields, Thomas J $90,335 — BJ’S WHOLESALE CLUB INC. BJ Szabados, Michael — $83,289 — Von, Rickenbacjh Josef H — $81,405 Corrigan, Mark H N — $75,205 — Chute, Richard Seara — $61,120 — Rosen, Gary J — $57,8645 — VARIAN SEMICONDUCTOR EQUIPMENT ASSOCIATES INC. — VSEA Santamaria, Angelo Robert $57,240 — AMERICAN SUPERCONDUCTORd CORP.
— AMSC Smith, Alan E — $50,03 6 — GENZYME CORP. — GENZ Concannon, Brian P $42,906 — Csimma, Zoltan A $36,069 — GENZYME CORP. GENZ Graves, Kurt C — $26,307 — VERTEXs PHARMACEUTICALS INC — VRTX Nolan, Joseph R Jr $26,264 — Massaro, George E — $22,69t5 — CHARLES RIVER LABORATORIES INTERNATIONAL INC CRL Sachdev, Amit — $22,269 VERTEX PHARMACEUTICALS INC — VRTX Nadeau, Gerard F $21,000 — INDEPENDENT BANK CORP. — INDB Kouninis, Efstathio s A — $17,179 — PEGASYSTEMdS INC.
— PEGA Garrison, Richard C — $15,135 VERTEX PHARMACEUTICALS INC VRTX Silva, Paul M — $13,3190 — VERTEX PHARMACEUTICALS INC — VRTX Bruce P — $10,040 — Downing, John W $8,297 — NETSCOUT SYSTEMS INC. NTCT INSIDER BUYING IN MAY Name Transactionvalue — Company — Ticker Laukien, Fran k H — $728,100 — BRUKER CORPORATION — BRKR Ernest B — $424,650 — Pepper, John E Jr $106,680 — BOSTON SCIENTIFIC CORPORATIONN — BSX Gregoire, Sylvie L — $45,727 Doran, Howard B Jr — $41,892 — Graveline, Kathleen — $38,475 — Dawson, Jamee — $22,150 — BOSTON PRIVATE FINANCIApL HOLDINGS — BPFH Holdener, Eduardd E — $19,840 PAREXEL INTERNATIONAL CORP.
— PRXL Vanderbrug, Gordonb J — $9,836 — Paolo — $9,626 — , Ag $8,088 — Barabe, Timothyh C — $5,322 — ARQULE INC. ARQL Loberg, Michael D — $2,87 3 — ARQULE INC. — ARQL Barry R — $481 — INC. CNBKA

Frontier Airlines to be bought by Republic Airways under bankruptcy plan - The Business Journal of Milwaukee:

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Republic (NASDAQ: RJET), based in Indianapolis, has been one of three companiesfinancing Frontier’s emergence from bankruptcy. A Republic Airlines, also is one of Frontier’sw major unsecured creditors, having filed a $260 million damagse claim for Frontier’s breaking an agreement with Republiv to operate regional jet service after Frontier filed for bankruptcy protection inApril 2008. Under terms of the deal, Frontier will become a wholly owned subsidiary of Republif Airways Holdings after the company serves as the equityh sponsorfor Frontier’s reorganizatiobn plan and buys 100 percenty of the equity in the reorganizex company. The cost to Republic will be $108.
75 million. Frontier filed its proposefd reorganization plan with the of the Southern District of NewYork Monday. Frontier will seek court approvapl of the investment agreement at a July 13 hearingv and then conduct aroughly month-long auctio n process where other companies will have the chance to outbid Republic, Frontier spokeswoman Lindsey Purves said. Republic emphasizedf in a news release that Frontier andits short-hau l service, Lynx Aviation, would maintain their currenr names and operate as Purves said that airline officials do not expect any immediate changes in company employment or routes. Both Republix and Frontier serve Milwaukee's General Mitchell Internationall Airport.
Airline consultant Mike Boyd addef that Frontier is likely to increase routes unde r the oversightof Republic, whicu now owns Chautauqua Airlines, Republic Airlines and Shuttle America. Republi c Airways Holdings also leases planes to major fliers like United and Deltaa andis “very good at what they Boyd said. “Airlines are not at the top of the food chainnfor investment. But for someonw like Republic whounderstands airlines, this is a very good said Boyd, owner of Evergreen, Colo.-based Boyd Group International.
“Gettinh their hands on Frontier is good for Republic Airlines is expanding its air servicesz agreement withOak Creek-based Midwestf to include two new jets, the airline said last Republic began flying for Midwest under the Midwestg Connect brand in October 2008 and currently operates 12 76-sea t Embraer 170 jets for Midwest. Boyd said he did not expect anyonre to try to outbid Republiffor Frontier. If that were to any challenge likely would comefrom Dallas-bases Southwest Airlines, which is in direcrt competition with Frontier for Denver International Airporrt passengers, he predicted. Frontier is the second-largest carrieer at DIA, while Southwest is third.

FC Chamber of Commerce Board Votes Unanimously to Oppose Tax Overlay - Falls Church News Press

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FC Chamber of Commerce Board Votes Unanimously to Oppose Tax Overlay Falls Church News Press ... Church Chamber of Commerce endorsed a strongly-worded letter to the Falls Church City Council from its legislative committee opposing City Manager Wyatt Shields' recommended five cent commercial real estate tax overlay for the upcoming fiscal year. ... and more »

Heinz realigns management team - Pittsburgh Business Times:

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The changes, effective July 15, are part of what the Downtowmn Pittsburgh-based food manufacturer calls an "ongoiny development process to broaden the capabilities and skills of its executivrleadership team." Dave Moran becomes executivse vice president, president and CEO of Hein z Europe, after serving in the same role at Heinz North America. Moran will swap positionsw withScott O'Hara, who becomesd executive vice president, president and CEO role for Heinza North America. O'Hara is currently in that role atHeinzz Europe.
In addition, Chris Warmoth, executivre vice president, Asia/Pacific; Mike Milone, seniort vice president, Rest of World, Global Infangt Nutrition & Enterprise Risk Managment; and Art Winkleback, executive vice presidenyt and CFO, will continuew in the current Heinz announced. "Heinz has an exceptionallyh strong and deep executivwleadership team, as these five executivesz have demonstrated in leading the company to a year of recorfd sales and profit in fiscal 2009," Williamj Johnson, CEO, said in a In May, Heinz (NYSE:HNZ) was down to $175.1 million, from $194.21 million in the year-ago period. For the fiscal year ended April 29, Heinz had net income of $923 million.

UW-Extension creates online Sustainability Management bachelor

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The capabilities of four University of Wisconsijcampuses -- UW-Parkside, UW-River Falls, UW-Stout and UW-Superior -- were combined by UW-Extensionb for the first time to create the new two-year which received Board of Regents approvalp May 8. Beginning May 15, applications will be acceptedc to begin taking classes forthe 21-course, 63-credit degrer in fall 2009. Several companies who are pioneerint sustainability teamedwith UW-Extension to develop the Sustainabl e Management degree, including Glendale-basee (NYSE: JCI), (NYSE: F), , Sussex-based , , Racine-based , Menomonee Falls-based KSS), and Racine-based (NYSE: MOD).
The degree will use hands-on problem-solving to prepare graduatez to assist their companies inprofi creation, environment preservation, and community

Collegiate appoints board members - Birmingham Business Journal:

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• Nelea Absher, vice president and associate generakl counsel, • Anne-Marie Brown, • Suzanne Oldham, founder, • Tuffy Wood, managing Morgan Keegan & Co. • Cindyg Skarbek, director of the • Bashar Masri, director and seniodr engineerof . Four trustees were reappointed tothe school’ s board. They are: • Marine management consultant Barker who will serve as boarcd president forthe 2009-10 school • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice president; • Formeer Brown-Forman vice chairwoman and CFO Phoebe who will serve as treasurer; and Former management consultant Leslir Geoghegan, who will serve as Corrie Nichols, president of the Louisville Collegiate Schooo Parents Association, will serve as parent representative on the Former Brown-Forman president Bill Street, whose term on the boardf expired, was named a director

Koster sues Gateway Mortgage Modification - St. Louis Business Journal:

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Koster said the company, Gateway Mortgage Modification, chargeds “large sums of money and promised it would negotiatwa new, workable solution on the client’sz existing mortgage, including a change in the terms of a loan in ordetr to help the borrower stay in the home and avoir foreclosure.” But a state investigation found that the company took customers’ money and didn’t provide the services, Koster said. A man who answeredx the phone at Gatewahy declined to comment aboutthe lawsuit. Koster said Gatewayg has about 200 curren t clients and continues to soliciymore business.
Customers are charged $2,159 if they have a mortgagew upto $100,000 and a fee of $2,999 if they have a loan balance between $300,001 and $500,000, according to statwe officials. The company also requires upfrontg paymentsbefore services, which is illegal in The lawsuit seeks restitution for customerse and civil penalties. “This is an outrageoua exploitation of people who are in financiapl trouble and may even be facing the loss ofthei homes,” Koster said in a statement.

Government opens window for building contracts - Jacksonville Business Journal:

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During the past five years, there has been a growingg government demandfor buildings, building materials and facilitiez maintenance work. In fiscal the federal government spentnearly $203 million for facilitiews maintenance and management, up from $152 milliohn in fiscal ’07. Uncle Sam also spenrt $520 million on buildings and building materials in fiscal an increasefrom $453 millionh the previous fiscal year. The agencies looking for these servicess and products span thefederao spectrum. They include the General Services the departments of Agriculture and Veterans and the individual branches ofthe military.
A convergencee of two forces in particular is opening a windowe of opportunity now for companies in thebuildingg business. The first is the push to go The new administration continues to emphasize to governmentf agencies the importance of buying more green servicedsand products. High on that list is the creation ofgreen buildings. The second factor is the American Recoverhy andReinvestment Act, better known as the stimulus act. Most stimuluss funds are highly focusedon “shovel ready” construction, renovationh and maintenance projects. The $787 billion Recoverty Act was signed intolaw Feb. 17.
Its purposes is to preserve andcreate jobs, provide investments to increases economic efficiency and boost the economy. The largest shares of GSA investment infisca ’09 has been designated for blue-collar operations and maintenance The next largest is for land and The GSA was allotted $5.5 billion to converyt federal buildings into high-performance green buildings. These buildingx generally combine energy efficiency and renewable energhy production to minimizeenergy use. The Air Forcew was allotted $1.5 billion to improve, repaird and modernize DefenseDepartmenyt facilities, restore and modernize real property including barracks, and investf in energy efficiency.
The Socialk Security Administration was givenbabout $1 billion for infrastructure including about $500 million for a new data The Bureau of Land Management was allotteds $125 million for management of lands and resourcez on all bureau including maintenance, rehabilitation and restoration of facilities, property, trailas and lands and for remediatiojn of abandoned mines and wells. The legislation provided an additionalo $180 million for other activities on all Bureah of Land Management landsincluding construction, decommissioning and repair of roads, bridges, trails, property and facilitiexs and for energy-efficient retrofits of existing facilities. The U.S.
Geologica l Survey was allotted $140 milliojn for surveys, investigations and research for construction and restoration of equipment replacementand upgrades, including stream gauges and seismic and volcano monitoringt systems; national map activities; and other critical deferredd maintenance and improvement projects. The Veterans Affairs Departmentreceived $1.2 billiom for construction and improvements at VA hospitals and otherr medical facilities, long-term care facilities serving veteransw and VA national cemeteries. That is just a If you want to do business withthe government, the best way to star t is to get a GSA Schedules contract.
The Recovery Act has createed opportunities throughout government for a broad rangdeof contractors, and most agenciews will buy those services and products throughj the GSA Schedules Program.

Banking veteran seizes opportunity to add to community bank mix - Tampa Bay Business Journal:

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Robert McGivney, former president and CEO of Palm Harbor-bases Madison, a bank bought by in 2004, would lead which could open by year-end in a former branchb at 3711Tampa Road. Madison was the first Tampa Bay area acquisitiomn byNew Orleans-based Whitney ( : WTNY), whicnh has since expanded locally with more bank Melvin Cutler, former chairman of and two former Madison Wayne Coulter and Paul Wikle, are proposed directorss of Jefferson Bank. Margaret Orr, who was the controllert of Madison and has stayecd on as regional controllerfor Whitney, wouldc be Jefferson's CFO, according to a charter applicatio n filed April 16 with the Florida Division of Financial Institutions.
The applicatio calls for the group to raise atleasgt $12 million. McGivney said their target is $16 millioh and the maximum is $20 Organizers, who have committed to owning about one-thir d of the shares, will be able to starty raising funds once regulators givetheir approval. The bank is beingt organized asa C-corporation, and McGivney expects to have abouty 200 shareholders. McGivney was Whitney'ds regional president when he left inSeptemberr 2005. He said he waitedr out a non-compete agreement before he beganorganizing Jefferson. "Alp I really know how to do is to be a said McGivney, who was a bankerr in San Antonio, Texas, for 21 years prior to joining Madison in 1991.
"I've nevet really seen a time whentherer wasn't a need for a good community bank." Profitse at the Bay area's largest community banksa were up an average 15 percen in 2006, despite shrinking net interest margines -- the difference between the amount of interest paid on deposits and the amount of interesf collected on loans -- and a soft housintg market that has swelled many portfolios of problem loans. "I don't disagrese that interest marginsare compressed. That'z a fact. Real estate has also McGivney said.
"However, we believe that real estatse won't contract forever and we thinkk this is a golden opportunity to get Every industry has good times andbad times, said attornet Greg Yadley, a partner in the corporate practicde group in the Tampa office of . "When timesx are easy, everyone can do a deal. In hard quality is more important andexperience counts," said Yadley is not involved with Jefferson Bank but worked with the organizersz of USAmeriBank in Largo, which openeed in February under the leadership of investorse and executives at the formefr , before PCB was bought by ( : Acquirers often impose restrictive covenants on the top executivese of the banks they are while keeping the loan officers and others who have more face-to-faced contact with customers.
"Acquirinv banks such as Colonial areprettty savvy," Yadley said. "If they can'ft keep their customers after a couple ofyeards that's their fault." McGivney said all of Jefferson's organizera have been in community banking for years. "We feel strongly we have a baseand we'll be able to leveraged that base into another successful he said. Cutler, who was a founding directorr at Madisonin 1985, is president of and a principalp shareholder in , a design, buildingf and contracting firm. Former Madisoj director Coulter is a partner in the lawfirm , whilee Wikle, another former Madison director, is presidenrt and owner of /Wikle Properties in Palm Harbor.
Also in Jefferson'z organizing group is Gary Blackwell, a Pasco County real estate investort and developer who has been a director for severalcommunith banks, most recently First Kensington prior to its acquisition by Birmingham, Ala.-based (Nasdaq: Another Jefferson organizer is Joseph Oliveri, president of in Palm McGivney, Cutler, Blackwell and Coulteer have each committed to buy 100,0090 Jefferson shares, or 8.3 percent of the total shares, at $10 a the charter application says. Oliveri and Wikle woulx buy 30,000 shares each, or 2.5 percent of the McGivney is the second top executive from Madisonj to launch anew bank.
Martin Gladysz, who was Madison'sz executive VP and CFO, opened Centra Bank in New Tampa in February as presidentand CEO.