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Kalamazoo Gazette: Contractors still waiting for projects via federal funds

Monday, June 1, 2009   (0 Comments)
Posted by: Sara Jacobs
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link: Contractors still waiting for projects via federal funds 

 

At the beginning of the year, talk of a large stimulus plan for infrastructure improvements and other possible work was generating much interest in the commercial construction community. Three months after Congress passed the American Recovery and Reinvestment Act, most of the industry is still waiting to see any real action from it. 

 

The first quarterly report to the president said there have been $28.5 billion in actual outlays and $88 billion in obligations, but not much of that is going to construction-related portions of the stimulus. 

 

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