Three Contractors Bid On The White House Fence | TigerDroppings.com

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lsufanguy
LSU Fan
Member since Apr 2012
179 posts

Three Contractors Bid On The White House Fence



Three contractors are bidding to fix a broken fence at the White House.

One is from Chicago, another is from Kentucky, and the third is from Montana. All three go with a White House official to examine the fence.

The Montana contractor takes out a tape measure and does somemeasuring, then works some figures with a pencil."Well," he says, "I figure the job will run about $9,000. That's $4,000 for materials, $4,000 for my crew and $1,000 profit for me."

The Kentucky contractor also does some measuring and figuring, then says, "I can do this job for $7,000. That's $3,000 for materials, $3,000 for my crew and $1,000 profit for me."

The Chicago contractor doesn't measure or figure, but leans over to the White House official and whispers, "$27,000."

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, "$10,000 for me, $10,000 for you, and we hire the guy from Kentucky to fix the fence."

"Done!" replies the government official.

And that, my friends, is how the Government Stimulus plan worked.







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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: Three Contractors Bid On The White House Fence


You have never worked on a cost plus project for the .gov in your life.





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Tactical1
New Orleans Saints Fan
Denham Springs
Member since May 2010
15411 posts

re: Three Contractors Bid On The White House Fence


As a joke, I thought this was pretty funny.





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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
6818 posts

re: Three Contractors Bid On The White House Fence


quote:

You have never worked on a cost plus project for the .gov in your life.


I'd like to try it.






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tigeraddict
LSU Fan
Baton Rouge
Member since Mar 2007
4824 posts

re: Three Contractors Bid On The White House Fence


quote:

You have never worked on a cost plus project for the .gov in your life.



the paperwork is shitty

they are slow to pay

their "inspectors" are dumb as a post






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jamboybarry
LSU Fan
I Putt Out
Member since Feb 2011
11573 posts

re: Three Contractors Bid On The White House Fence


quote:

the paperwork is shitty

they are slow to pay

their "inspectors" are dumb as a post


eeyuuuuppppp






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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
6818 posts

re: Three Contractors Bid On The White House Fence


quote:

the paperwork is shitty they are slow to pay their "inspectors" are dumb as a post


If they allow you to hire enough PMs, and accountants to handle it and mark them up; then it's worth it provided you are well capitalized.

If not, then don't.






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CITWTT
LSU Fan
baton rouge
Member since Sep 2005
31765 posts

re: Three Contractors Bid On The White House Fence


Imagine FIVE ships, each four hundred yds long.





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ApexTiger
LSU Fan
cary nc
Member since Oct 2003
30926 posts

re: Three Contractors Bid On The White House Fence


Cost plus contracts are typically a very bad idea





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roygu
Member since Jan 2004
8522 posts

re: Three Contractors Bid On The White House Fence


You left out the 10% for minority subcontractors for every Gov't Job.





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