Trump using $500M no-bid contract to build his White House ballroom

The White House gave a no-bid contract worth up to $500 million for the construction of the East Wing ballroom, The Washington Post reported.

The contract for the project was routed through the Executive Residence, which is exempt from rules that require federal agencies to get competitive bids and publicly share the details of the contract, according to a copy of the agreement obtained by the Post.

The Hill has not independently verified the report.

Virginia-based Clark Construction was awarded the contract, and President Trump was directly involved in some cost negotiations for the ballroom, the outlet reported.

Clark charged a 3 percent profit for the early work done on the East Wing, which is typical for large government construction projects, but still stands to make tens of millions of dollars from the........

© The Hill