People focus far too much one rate and far too little on output cost. Different companies are wildly more efficient per hour of work never mind that many just

People focus far too much one rate and far too little on output cost. Different companies are wildly more efficient per hour of work never mind that many just do much better work. Rates are kind of ethereal. Maybe they are padding. Maybe they are just slow. Maybe they are throwing several resources on it. I don't know. This is a big problem with procurement. People fixate on hourly costs and not total cost of project.