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| Government |
| Federal contracting explained simply |
| 2017-08-19 |
| [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 |
| #2 It was explained simply. I had doubts at first when reading the headline. |
| Posted by: JohnQC 2017-08-19 11:10 |
| #1 Cookie grab |
| Posted by: Ackoopmed 2017-08-19 08:36 |