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February 14th, 2009
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#1 (permalink)
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Government Contracting 101
Bids for White House Fence Repairs
Government solicits bids for White House Fence repairs:
Three contractors are bidding to fix a broken fence at the White House in DC: One is from Chicago , another is from Virginia and the third, is from Alabama . All three go with a White House official to examine the fence.
The Virginia contractor takes out a tape measure and does some
measuring, then works some figures with a pencil. "Well," he says, "I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me."
The Alabama contractor also does some measuring and figuring, then says, "I can do this job for $700: $300 for materials, $300 for my crew and $100 profit for me."
The Chicago contractor doesn't measure or figure, but leans over to
the White House official and whispers, "$2,700."
The official, incredulous, says, "You didn't even measure like the
other guys! How did you come up with such a high figure?"
The Chicago contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from Alabama to fix the fence."
"Done!" replies the government official. And that, my friends, is how government contracting works!
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February 14th, 2009
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#2 (permalink)
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Re: Government Contracting 101
SOUNDS ABOUT RIGHT thanks
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February 14th, 2009
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#3 (permalink)
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Re: Government Contracting 101
Well SJ, you are almost correct, you forgot to add the CEO bonus for the company owner...that he got from BANK bailout...
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February 16th, 2009
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#4 (permalink)
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Re: Government Contracting 101
Quote:
Originally Posted by jc7257
Well SJ, you are almost correct, you forgot to add the CEO bonus for the company owner...that he got from BANK bailout...
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Yes, and don't forget the other bonus too...
The one they get when they sell the business on the stock market & fire everybody. 
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February 16th, 2009
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#5 (permalink)
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Re: Government Contracting 101
lmao. Nice .
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