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Stimulus funds flow unevenly

Post Time:Aug 24,2009Classify:Industry NewsView:124

The amount of construction work funded by the American Recovery and Reinvestment Act (ARRA, popularly called the stimulus legislation) varies greatly by state and program. Two weeks ago, I spoke on successive days to state transportation officials in Colorado, New Mexico and Maine. They said they had awarded contracts covering 69 percent, 80 percent and 100 percent of their respective DOT allocations. But, of course, those percentages don't necessarily correspond to amounts paid out or even work started. Other states are far behind those three in even holding bid-letting days to pick contractors, according to an Aug. 18 AGC of America article.

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Source: http://www.glassmagazine.com/news-item/commercial/stimulus-funds-flow-unevenlyAuthor:

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