In 2014, contractors submitted proposals for 26 projects throughout the Local 825 coverage area (all of New Jersey and five counties of New York State: Rockland, Orange, Ulster, Sullivan and Delaware). Of these, 25 Market Recovery Program (MRP) grants were approved. In total, the market recovery program approved $1,196,721 in grants as of January 2015.
The following chart provides updated information as to grants that have been awarded under the Market Recovery Program.
No grant funds will be dispersed from ELEC825 to any contractor unless the funds office can verify that the contractor is in good standing with all payments upon completion of the project for which a grant has been approved, including but not limited to the project receiving grant funds. The contractor is responsible for sending weekly reports of member hours to aid in the verification process. These should be emailed to Kate Gibbs.
Any approval of a grant pursuant to an application is subject to a confidentiality agreement between ELEC825 and the requesting employer. Grants and the amount of grants should not be disclosed by the requesting employer to any other person or entity without the prior written authorization of ELEC825. Such confidentiality agreement remains in effect from the date of the application through the final payment (if any) of a subsidy to the employer.
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