Pinned
We've had pool reporters in the WH for years but I never expected they'd be delivering national news about an actual pool
The contractor given a no-bid contract to repair the Reflecting Pool is being paid an inflated profit margin. The typical margin of federal construction contracts is 6-12%. But the firm fixing the pool submitted a bid that charged 20% — adding at least $850,000 to the cost. https://nyti.ms/4wWDaNw