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Recovery.org Launched to Bring Unprecedented Transparency and Accountability to Recovery Spending

Posted on: Tuesday, 31 March 2009, 09:00 CDT

SEATTLE, March 31 /PRNewswire-FirstCall/ -- Onvia (Nasdaq: ONVI) has launched www.Recovery.org to provide real-time data detailing the spending activity associated with the American Recovery and Reinvestment Act at a granular level. Onvia tracks every dollar of spending by federal, state and local government agencies, and Recovery.org will allow the public to explore these activities as they are announced by state, by congressional district, and by community.

A Seattle-based government business intelligence company that currently tracks the expenditures of more than 89,000 federal, state, local and educational agencies for their private-sector clients, Onvia developed Recovery.org to bring unprecedented transparency and accountability to recovery spending, and to ensure that every business, regardless of size, has equal access to the projects associated with the recovery efforts.

"The Obama administration's goal of tracking 'every dime' of the Recovery Act spending has the potential to establish a data foundation on which the American public can begin to make decisions that fundamentally transform government for the people, and Recovery.org is our contribution to that effort," said Onvia CEO Mike Pickett. "We have invested over a decade in developing the taxonomy, technology and expertise to monitor the expenditures of state and local governments in all fifty states and we appreciate the scope of the challenge in trying to track Recovery Act spending."

"At a time when businesses are struggling, providing details of recovery-funded projects will accelerate capital absorption in local communities and preserve jobs. Government agencies get more qualified contractors bidding on contracts and taxpayers get more value for their dollar - a transparent system that is more efficient."

Recovery.org presents real-time data, maps, and graphs that allow taxpayers, businesses and journalists to track American Recovery and Reinvestment Act spending in each state, city and congressional district.

About Onvia:

Onvia is the leading provider of Business-to-Government solutions in the United States, covering the broadest set of industries and products at every level of government. For more than twelve years, Onvia has delivered unparalleled coverage of government purchasing activity from Federal, State, Local and Education agencies for clients in the industries targeted by the economic recovery package.

Available Topic Expert(s): For information on the listed expert(s), click appropriate link.

Mike Pickett

https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=74545

SOURCE Onvia

Source: PR Newswire

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