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World trade recovery: black CPA firm snares post-9/11 contract to help rebuild New York's Ground Zero area.


It's been more than two years since the terrorist attacks on Sept. 11, 2001, killed thousands, put a hole in the Pentagon, and leveled New York's Twin Towers at the World Trade Center. Challenged with rebuilding the transit structure is the Lower Manhattan Lower Manhattan is the southernmost part of the island of Manhattan, the main island and center of business and government of the City of New York. Lower Manhattan is generally defined as the area delineated on the north by Chambers Street, on the west by the Hudson River (North  Transit Recovery Project. According to Sara Banda, communications manager for the Lower Manhattan Development Corporation, which oversees the Lower Manhattan Transit Recovery Project, "The Lower Manhattan Development Corporation has established a god that 20% of our expenditures go to minority- and women-owned businesses." However, the Federal Transit Administration The Federal Transit Administration (FTA) is an agency within the United States Department of Transportation (DOT) that provides financial and technical assistance to local public transit systems. The FTA is one of eleven modal administrations within the DOT.  was unable to provide a specific racial breakdown of contracts awarded to minority- and women-owned business enterprises.

Milligan & Co. L.L.C., a Philadelphia-based minority- and veteran-owned consulting and CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000.  firm, is one company that was recently awarded a $700,000 contract by the Federal Transit Administration to provide financial management oversight of transit rebuilding contractors for the Lower Manhattan Transit Recovery Project. The 50-person firm began working with the Federal Transit Administration in 1991 and "is slated to provide its financial management oversight [for the New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Metropolitan Transit Authority and the Port Authority of New York and New Jersey Port Authority of New York and New Jersey, self-sustaining public corporation established in 1921 by the states of New York and New Jersey to administer the activities of the New York–New Jersey port area, which has a waterfront of c. ] through 2004, but may provide ongoing assistance through completion of the project," says the firm's principal, Charles Holmes.

The New York Metropolitan Transit Authority and the Port Authority of New York and New Jersey, which received most of the $4.75 billion allocated to the Lower Manhattan Transit Recovery Project, are the first two grantees of the city's transit infrastructure recovery initiative. The entire $21 billion project, including rebuilding the World Trade Center, will span 10 years.

Navy veteran and founder John Milligan spent nine years at PricewaterhouseCoopers prior to launching the firm in 1985. Milligan is currently involved in the assessment of light rail projects at the Bay Area Rapid Transit “BART” redirects here. For other uses of "BART" or "Bart", see Bart.

The San Francisco Bay Area Rapid Transit District (BART) is a heavy rail public rapid-transit system serving the San Francisco Bay Area.
 in San Francisco, Massachusetts Bay Transportation Authority The Massachusetts Bay Transportation Authority (MBTA) is "a body politic and corporate, and a political subdivision" of the Commonwealth of Massachusetts [1] formed in 1964 to finance and operate most bus, subway, commuter rail and ferry systems in the greater  in Boston, and Tren Urbano in Puerto Rico.
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Title Annotation:Newsmaker
Author:Chandler, Dahna M.
Publication:Black Enterprise
Date:Mar 1, 2004
Words:319
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