Contract for Trump’s reflecting pool reno has inflated profit margin, analysis finds

The National Park Service found that contractor Atlantic Industrial Coatings was paid a 20 percent profit margin—nearly double the typical 6-12 percent—on its no-bid Lincoln Memorial Reflecting Pool contract, costing taxpayers at least $850,000 extra. The $13.1 million project has faced setbacks, with the contractor's initial attempts to seal concrete gaps failing twice.

Summary by Glance · SMH