Quote:
Originally Posted by bdjuf
any other opinions?
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They can't hide "for bid" contracts !
If you look it up you'll see almost every Senator and congressman gets
a contract for their friends and family. It's not illegal help a company when it comes to contracts but what is illegal is getting anything in return such as bribe money or a house or land very cheap that can be flipped for a huge profit.
The contracts that get abused the most are the no bid contracts. These are when the Gov't awards a contract to a company without regard to the costs. This is money that isn't monitored and the terms of the contract are fuzzy.
Two examples of this are Katrina and Iraq.
In Iraq there was only one company that had the ability to provide the services in a war zone and that was Haliburton and after Katrina time was the issue so FEMA spent billions without any bids.
There are pros and cons to the bid and no bid contract system. Back in the 80's I had to monitor contractors overseas for a few years and I would see the contractor get a bid for millions then do 20% of the job then go out of business. Then I'd go to a briefing with the new contractor who got the new bid to finish the job and it would be the same people sitting at the table but with a different company patch. This would go on and on the contractor ended up getting 5 times for a contract they were supposed to complete in the first bid.
With a no bid contract the job gets done the first time but at a higher cost then if they got bids. The bottom line is if it's an emergency or war a no bid contract is the better way to go but there will always be fraud and lost, stolen or defective materials !