|
Federal contracting explained simply
[SenseofEvents] The mayor of a small town in a middle America state had a problem. The old bridge, which was the only way out of town, was in a state of disrepair and needed to be rebuilt.So he called in three contractors to bid on the job: one from Cincinnati, one from New York, and one from Washington, D.C. "$3 million," said the man from Cincinnati. "$1.5 million for the supplies. $1.5 million for the labor." Next, the Mayor met with the New York contractor, and asked him: "How much to build the bridge?" "$6 million," said the New Yorker. "$3 million for the supplies. $3 million for the labor." Finally, the Mayor brought in the contractor from Washington D.C., and asked him: "How much to build the bridge?" "$9 million," said the man from Washington. "$9 million," the Mayor repeated, aghast. "That's three times more expensive than the lowest bid. How do you break that down?" "Easy," said the Washingtonian. "$3 million for you. $3 million for me. And $3 million to hire the guy from Cincinnati." Posted by: g(r)omgoru 2017-08-19 |
| http://www.rantburg.com/poparticle.php?ID=495385 |