Browsing: Vice President Joe Biden

The General Services Administration said today that it’s awarded $4 billion in contracts for hundreds of building construction and renovation projects through the Recovery Act. More than 500 companies across the country have received contracts for the 391 projects GSA has funded so far since the Recovery Act was passed in February 2009. GSA overall received $5.5 billion in stimulus funds for construction projects, including $4 billion to improve the energy efficiency of existing federal buildings. Vice President Joe Biden praised GSA for stretching its Recovery Act dollars further than originally planned. Due to the slumping economy, bids came in lower than anticipated,…