Reflecting Pool Contract Has ‘Inflated’ Profit Margin, Government Analysis Finds

The firm that was given a no-bid contract to fix the troubled landmark is charging 20 percent. The typical profit margin is 6 percent to 12 percent, internal records show.Atlantic Industrial Coatings, the Virginia-based contractor given a no-bid contract to repair the Lincoln Memorial Reflecting Pool, is being paid $13.1 million, which is seven times the amount that President Trump initially said the work would cost.