Brisbane Times
·general
·2 hours ago
Contract for Trump’s reflecting pool reno has inflated profit margin, analysis finds
The US National Park Service analysis found contractor Atlantic Industrial Coatings charged a 20 percent profit margin—nearly double the typical 6-12 percent for federal construction contracts—on its no-bid Lincoln Memorial Reflecting Pool repair job. The inflated rate added at least $850,000 to the $13.1 million total.
Summary by Glance · Brisbane Times
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