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Provisions in Stimulus Package Make Government Spending Plans More Transparent

April 6, 2009

Though not perfect, the American Recovery and Reinvestment Act of 2009 - better know as the stimulus package - may provide some great opportunities for distributors, according to Dr. Adam Fein of Pembroke Consulting.
In his recent MDM Webcast, sponsored by Infor, Fein identified more than $200 billion included in the bill that could directly impact distributors. The key: knowing where to look, Fein says. And, provisions in the stimulus package may make that easier than you thought.
The requirement is that the use of all the funds is transparent to the public, and the public benefits of these funds are reported clearly, accurately and in a timely manner," Fein said during the Webcast.
Organizations, such as the Department of Defense, are already releasing details on how they will use the money allocated to them. And more agencies will be following suit in the near future, as the final deadline for obligating the funds is less than a year away: March 5, 2010.
Watch the MDM Blog for more highlights from Fein's presentation. (Fein also has a blog at Distribution Trends.)
A DVD copy of the Webcast is also available: Click here."

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