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Posted On July 2, 2021
Business Insider/Pablo Martinez Monsivais/AP The U.S. Bureau of Land Management (BLM) is proposing that its own equipment companies get more money to use in their operations.
The agency’s Bureau of Resource Management is proposing to grant $100 million in grants to commercial vendors to help them increase their efficiency and speed.
The money will go toward expanding the use of commercial equipment, and the grants will cover equipment costs of more than $1,000 per acre.
The bureau is proposing a new incentive program to encourage companies to develop equipment that uses less water, which will be available for $100 per acre to businesses that have the equipment on their property.
Companies that don’t qualify for the incentive program could receive up to $50,000.
The program would cover all equipment purchased in 2018, including trailers and equipment used to carry water and other goods.
The BLM says the grants are intended to help spur development of more efficient equipment and create jobs.
“We believe these grants will stimulate the development of new and more efficient commercial equipment and provide new economic opportunities for those that use it,” said Bill Reis, director of the BLM’s Bureau Resource Management.