Red Bank Company Gets $85M+ In Benefits From CARES Act Funding

Nicole Rosenthal
·1 min read

RED BANK, NJ — The federal government has sent more than $2.4 billion to companies in New Jersey for coronavirus relief efforts since Congress passed the CARES Act in March.

More than $85 million of that federal money went to the Red Bank-based management and information technology consulting firm Booz Allen Hamilton Inc., according to the Federal Procurement Data System.

Booz Allen Hamilton Inc. received 3 payments, as follows:

  • $3,890,000 from the Department of Veterans Affairs

  • $2,422,982.70 from the Department of Veterans Affairs

  • $82,374,929.73 from the Department of Veterans Affairs

Contracted by the Department of the Air Force, the company received $1,199,398.
Congress passed the $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act on March 27. In addition to direct aid to people who lost their jobs and the Paycheck Protection Program to help small businesses avoid laying off workers, the act included direct government spending for fighting the coronavirus.

You can search for companies that received payments under CARES Act contracts through Nov. 5 using the search box below. You can also search by town. (NOTE: A payment showing $0 means the contract has been awarded but not payments have been made as of Nov. 5).

Source: Federal Procurement Data System

This article originally appeared on the Red Bank-Shrewsbury Patch