Friday, June 12, 2009

Giving Green to Get the Green

Recycle, reduce pollution, use alternative fuels, and get cash back. What better incentive does a contractor need?

A new pilot green incentive program allows MoDOT contractors to receive "green credits" for using environmentally friendly practices during a project. Awards are received for meeting a green credit goal and additional award levels are available for exceeding the goal.

Meet the green credit goal: Redbud award - $5,000 bonus
Exceed goal by five credits: Hawthorn award - $10,000 bonus
Exceet goal by ten credits: Dogwood award - $15,000 bonus

The flip side is that a contractor not meeting their goal will actually lose green - they will pay a charge per credit that they are short. One more reason to keep that recycling bucket handy.