4 Tips to Help B-to-B Marketers Capitalize on the American Recovery and Reinvestment Act
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John F. Hood
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- There's approximately $300 billion in discretionary funding that'll flow to the local level.
- Administrators will be responsible for determining how to spend the funding most effectively and within the guidelines provided by federal agencies.
- Many of the purchases can be made without going through formal bid/quote processes.
2. The majority of the money will be spent in FY ’10.
President Obama's goal was to get money into the economy quickly. However, tracking requirements, strings attached and transparency mandates have actually slowed its delivery into the economy.
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John F. Hood
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