4 ms·
What type of issues are involved when you don’t deliver to the government on time?
by 1-6 4y ago
What type of issues are involved when you don’t deliver to the government on time?
- vorpalhex 4y agoSomewhere between late fees to congressional hearings depending on how badly things go.
- CapitalistCartr 4y agoYou might get paid extra to complete. Or you might get investigated by the Feds and The Congress. https://en.m.wikipedia.org/wiki/Hughes_H-4_Hercules https://en.m.wikipedia.org/wiki/Hughes_H-4_Hercules
- jimmygrapes 4y agoOther poster summed it up nicely, as there's a range of remedies from fees to lowering the payment you get to investigation to prison, but by far the most significant impact is this key metric: Past Performance. You can probably get away with screwing over the government once, maybe even twice. But good luck once you're legally and nationally blacklisted.
- 93po 4y agoIt seems like I'm constantly hearing about large companies bidding at price x and then winning the bid, only to have the budget run over 10 times the original bid. So it seems in some cases the issue is becoming filthy rich as you rake in billions in profit from deliberately going over time and over budget.