Accounting for stimulus funding
Firms worry over compliance, reporting issues
by Wally Northway
Published: May 29,2011
Tags: American Recovery and Reinvestment Act, ARRA, construction, HORNE LLP, Jeff Aucoin
For the construction industry, funding from the American Recovery and Reinvestment Act (ARRA) has been a much-needed boost to their bottom line. Mississippi roadbuilders alone have been granted approximately $248 million, roughly equal to a year’s worth of state appropriations for road work. However, in order to take advantage of ARRA funding, contractors must meet [...]
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May 31st, 2011 at 7:23 am
[...] Accounting for stimulus funding For the construction industry, funding from the American Recovery and Reinvestment Act (ARRA) has been a much-needed boost to their bottom line. Mississippi roadbuilders alone have been granted approximately $ 248 million, roughly equal to a year’s worth of state appropriations for road work. Read more on Mississippi Business Journal [...]