How to Efficiently Perform on Projects Funded by Federal Stimulus Dollars

There's about 140 billion dollars slotted for construction projects as part of the American Recovery and Reinvestment Act. It has been said that overall the ARRA probably isn't big enough to completely pull the economy out of its slump, but I'm sure a portion of that money would go a long way into strengthening the financial stability of your construction business. The problem is that working on federally-funded projects will require compliance with the provisions provided in the ARRA that can be tricky to navigate if you're not familiar with this type of work. This can lead to reduced profit margins and the name of the game these days is to increase the amount of money that goes to the bottom line on each job. What are these items that could have the largest affect on contractors working on these projects? Find out now, by listening to this episode of the Construction Business Podcast. Guest: Jim Scott, Construction Practice Lawyer - Greensfelder, Hemker & Gale, P.C. Link: Stimulus Support Team


Latest