Tuesday February 09, 2010

Stimulus Funds For Broadband in a Mess

I know it may seem hard to believe that the government is having a hard time delivering on its promises but that is exactly why the broadband stimulus is in the shape its in. Apparently the government isn’t able to keep pace with the demand for broadband stimulus money, then there is the squabbling over funds and so on. What a mess. frown

The combination has swamped the agencies in charge and created a bottleneck that might threaten disbursement. After nearly a year, about 7% of the funds has been assigned to specific projects. As a result, "There's significant doubt as to whether the monies can be awarded before the end of September," when the funding authorization expires, says Dan Hays, who directs the communications practice at consulting firm PRTM.

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