Government Contracting
POSTED BY: Fremdfirma
UPDATED: Thursday, February 14, 2008 06:58
VIEWED: 775
PAGE 1 of 1
Three contractors are bidding to fix a broken fence at the White House in D.C.; one from New Jersey, another from Tennessee and the third, from Florida.
They go with a White House official to examine the fence.
The Florida 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 Tennessee 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 New Jersey 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 New Jersey contractor whispers back, "$1000 for me, $1000 for you, and we hire the guy from Tennessee to fix the fence."
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Ouch!
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Always look upstream.
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