| Three contractors---one from New York, one from Tennessee and the third from Florida---were bidding to fix a broken fence at the White House. The three, along with a White House official, were examining the section of the fence that needed repairing. The contractor from Florida looked at the fence, took out a tape measure, did some measuring, jotted some numbers on a pad, and turned to the official. "Well," he said, "I figure the job will run about nine hundred dollars: four hundred dollars for materials, four hundred dollars for my crew, and a one hundred dollar profit for me." The contractor from Tennessee followed the same procedure as the one from Florida, turned to the official and said, "I can do this job for seven hundred dollars: three hundred dollars for materials, three hundred dollars for my crew, and a one hundred dollar profit for me." The New York contractor didn't look at the fence, didn't measure the fence, and didn't do any figuring. He just leaned over to the White House official and whispered, "Two thousand seven hundred dollars." The incredulous official said, "You didn't look at the fence, you didn't measure the fence, and you didn't do any figuring. How did you come up with such a high cost?" The New York contractor whispered back, "One thousand dollars for me, one thousand dollars for you, and we hire the guy from Tennessee to do the fence." "Done!" replied the official. And that is how government contracting works. | ||
| |
February 2006 March 2006 April 2006 May 2006 June 2006 July 2006 August 2006 September 2006 October 2006 November 2006 January 2007 March 2007 April 2007 May 2007 June 2007 July 2007 August 2007 September 2007 November 2007 January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 June 2009 July 2009 August 2009 November 2009 December 2009 January 2010 February 2010 May 2010 July 2010 January 2011 February 2011 March 2011 April 2011
Subscribe to Posts [Atom]