April 3, 2020
Peter Moore, P.E., F.ASCE, ENV SP, LEED AP
President, Chen Moore and Associates
Last week: My heartfelt gratitude goes out to the medical professionals, first responders, grocery store workers, truck drivers and countless others. My profession of engineering, particularly relating to construction, while not directly beneficial to most, is also considered essential. This past week we demonstrated why continuing construction during this time was beneficial. As part of a critical emergency project, we installed a very large pipeline down a typically busy street in a residential neighborhood. Instead of causing a significant traffic issue at afternoon rush hour, we were able to successfully perform our work with very little impact. Please keep us working!
Looking ahead: Small businesses make up 99.7 percent of U.S. employer firms and 49.2 percent of private-sector employment. The SBA Loan programs created by both the FFCRA and CARES Act are critical for the survival of small business. Promises have been made that these loans will be available as early as April 3rd, but the banks that are required to administer these loans still have not been given the verification requirements or potential exposure to begin originating these loans. The next couple weeks are critical for the Federal Government to finalize these terms and let businesses get back to business.