Strings are attached to stimulus projects

摘要

I haven't talked to many contractors who are seeing a big resurgence in private development yet, but I do know some who have survived because of an American Recovery and Rehabilitation Act (Stimulus) funded project. Small towns that needed but couldn't afford a sewer upgrade or road extension took advantage of federal funds to quickly get a project going. But along with the Stimulus funds are Stimulus rules, and more of them than you might expect. So, you have to decide: is it worth it?rnIn June I wrote about some of the laws that come into play when a project is considered "federal" such as The Truth in Negotiations and False Claims Acts. Many contractors don't appreciate that, beyond these fairly and inten-. tionally scary laws, Stimulus projects have many smaller, more subtle extra requirements that can make projects a lot less profitable if contractors hadn't anticipated them and included the extra effort in their pricing.