Roadblocks could delay Obama's planned infrastructure improvements
Several factors could delay or prevent the infrastructure improvements that President-elect Barack Obama's transition team sees as key to an economic recovery. Current limitations on the amount of private capital available, a sluggish permitting process and bidding laws that make it difficult to engage small contractors could all present roadblocks. "Without some change, particularly in public bidding laws, I fear there won't be as quick and as responsive a stimulus as is being forecasted," said Kris Nielsen, chairman and president of Pegasus Global Holdings.
BusinessWeek | 01/06
This story published in AGC SmartBrief on 01/09/2009
Obama administration targets job creation
Friday, November 13, 2009
Obama defends stimulus package at N.C. town hall meeting
Thursday, July 30, 2009
High unemployment forces Obama to refocus
Monday, November 9, 2009
|
AGC SmartBrief
Designed specifically for contractors and construction executives like you, AGC SmartBrief is a FREE e-mail newsletter delivered 4x/week. It provides the latest need-to-know news and industry information that maximizes your time, giving you an edge over your competition. Learn more |
|