Biden Admin Project Quadruples Cost Estimate
The Trump administration awarded a no-bid federal contract to Clark Construction for a project near the White House, substantially increasing its value from the original estimate. The contract, for the repair of two fountains in Lafayette Park, was granted without public disclosure and saw its cost balloon from $3.3 million to over $17.4 million. Officials cited “urgency” and inflation to bypass competitive bidding and justify the inflated price, measures deemed arbitrary by the original cost estimator.