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It seems like you could include penalties if project goals are not met, and then open up a re-bidding process. If it's true (as I think it generally is) that i
by dllthomas 9y ago
It seems like you could include penalties if project goals are not met, and then open up a re-bidding process. If it's true (as I think it generally is) that it's "usually still a better deal [..] for the person already doing the work to be the one to finish the work" then they can presumably bid lower than the rest at that next phase - but it's not just free money.
- mikepurvis 9y agoWhat good does a penalty do if the entity who owes it declares bankruptcy?
- deleted 9y ago[deleted]
- dllthomas 9y agoYou'd presumably have to require a bond. Otherwise, yeah. Still probably an improvement over handing them additional money with no competition, though...