Sacramento, CA, March 13, 2018 (GLOBE NEWSWIRE) — A new report has been published on Social Detention, Inc. (OTC Pink: SODE). Social Detention, Inc. is an Alamo, CA-based infrastructure company, which primarily operates across public construction projects, including: courthouses, schools, jails, highway construction, water, and more. The company also operates a cannabis infrastructure division, ELLA, which has already secured two contracts to build commercial facilities in California.
The report provides an overview of the United States’ aging infrastructure, Trump plans, Senate Democrats’ proposal, and the current state of a national overhaul to our vital transportation infrastructure. The report also details Social Detention, Inc.’s ability to benefit from any massive spending boost and other non-public construction ventures.
American Society of Civil Engineers: $454 Billion Annual Spending Needed To Fix Transportation Infrastructure
American politicians on both sides of the aisle have increasingly voiced support for massive upgrade of our nation’s vital infrastructure. While Republicans and Democrats may agree on the need for upgrading infrastructure, both parties have very different ideas on how to implement a plan.
According to Bloomberg Intelligence, transportation infrastructure is at the top of the list in terms of greatest improvement needs. Analysts estimated that U.S. government spending on transportation infrastructure could be as much as $306 billion annually within the next ten years. This compares to 2016 spending of $245 billion.
Unfortunately, the estimate still falls far short of the American Society of Civil Engineers’ report stating the need for an estimated $454 billion in annual spending to truly fix our ailing infrastructural needs.
In February 2018, President Trump unveiled his $1.5 trillion infrastructure plan. The plan calls for $200 billion in direct federal funding, while local, state, and private investors are expected to fill the remaining gap. President Trump’s plan would also feature sweeping regulatory changes to the permit application and review process.
Senate Democrats unveiled an alternative $1 trillion infrastructure plan in March 2017. The Democrats’ plan would allocate $140 billion for road and bridge repairs, $115 billion for water and sewage upgrades, $50 billion for building schools, and $40 billion for airport renovations. However, the plan would call for the rollback of President Trump’s recently enacted tax cuts and reverting back to the old tax code.
Social Detention: Small-Cap Infrastructure Company With History Of Securing $1-5 Million Contracts
Social Detention, Inc. is an Alamo-CA-based infrastructure company, which primarily focuses on public construction projects. The company has a long history of securing $1-5 million contracts to build courthouses, jails, schools, highway, water, and other infrastructure projects. The company also maintains a wholly-owned subsidiary, ELLA, which focuses on cannabis infrastructure projects.
Here are some of the great projects that Social Detention, Inc. (OTC Pink: SODE) has been a part of across California:
- San Quentin State Prison
- Judge Herrera Courthouse
- Esparanza Pipe Replacement
- Contra Costa Water District Main Replacement
- Cal Trans Alameda
- Cal Trans Concord Rapid Setting Concrete
- Mohave County Jail
- Long Beach Courthouse
- Happy Valley Elementary Covered Walkway
- El Dorado Juvenile Hall
- Merced Juvenile Hall
- City of Pleasanton Yolanda Outfall Structure Repair
- CHP Mountain Pass Point of Entry – Ballistic Frame, Door and Activation Hardware
- Mt. Diablo Unified School District – Install Electric Signage & Related Work At Holbrook Elementary School
In November 2017, Social Detention and ELLA announced it had signed a joint venture agreement with Cann American Holdings to assist with its endeavors of expanding into cannabis infrastructure market.
The joint venture landed its first cannabis project in December 2017 to construct a commercial grow building in Hopland, CA. ELLA’s wide-ranging responsibilities include: trenching footings, setting rebar, steel frame hoop, assistance with initial & final inspection processes, setting concrete, and more.
Social Detention’s second cannabis contract was announced in January 2018. The cannabis infrastructure project will be located across five acres in Nevada County, CA. The facility will be able to hold up to 200 cannabis plants once completed.
Social Detention, Inc. was awarded a $1.2 million contract in February 2018 by TADRC, Inc. Under the terms of the deal, Social Detention, Inc. (OTC Pink: SODE) will provide engineering, estimation, project management, and professional services to TADRC.
For more information on Social Detention, Inc.., please visit https://sodetention.com and https://spotlightgrowth.com//2018/03/12/social-detention-inc-otc-pink-sode-playing-the-revival-of-american-infrastructure/
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