Rewards, Rules and Risks of Doing Stimulus Business--An Introduction the the American Recovery and Reinvestment Act of 2009: Implications for Construction Contractors
May 26, 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) aims to aggressively expand federal and state investment in large-scale construction and renovation projects, to spur job growth and fast-track “shovel ready” infrastructure projects and energy efficient renovations. At the same time, the ARRA comes bearing gifts:
1. aggressive regulations designed to achieve transparency into contractors’ use of ARRA funds, intensive oversight by GAO and IGs, and whistleblower protections to detect suspected contractor fraud;
2. special “Buy America” rules;
3. unfamiliar accounting and disclosure obligations; and
4. special reporting rules.
These requirements can be onerous. In this presentation, a panel of government contracts lawyers at Crowell & Moring LLP experienced with the construction contracts and federal contracting oversight and investigations will review key rules and risks, discuss their implications for the industry, and answer questions.
Click here to access a recording of the webinar, presentations can be accessed below.
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