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"The agreement arises from a USD 3.45 million contract..." "Focused paid the Indian company just over USD 82,000..." "Overall, the Indian company performed appr
by dkopi 11y ago
"The agreement arises from a USD 3.45 million contract..."
"Focused paid the Indian company just over USD 82,000..."
"Overall, the Indian company performed approximately 37.5 per cent of the work on the contract”.
- zaroth 11y agoThe Indian company handled 16m out of 22 million documents. Not sure what other work there was which led to the 37.5% overall figure, otherwise last I checked 16/22=73%...
- Sanddancer 11y agoFrom what I got from the article, there were two steps to the process. The first being the scanning, which the company seemed to do correctly, the second being the indexing, which gets you 36% of the work if you count each card in indexing and scanning.
- USNetizen 11y agoIt goes by tasks. Each contract is broken into a series of tasks (CLINs) and assigned a value. The "prime" contractor typically has to perform 51% of the work by value and task when some sort of set-aside preference is used (like Veteran-owned, etc.).
- gozur88 11y agoWait, what? 37.5% of the work was completed for $82k? Meaning profit would have been over $3m on a $3.45m contract?