4 ms·
Half billion contract, 1 bid
- tilwidnk 3y agoThis blows my mind, one contract, came in at half a billion dollars and there was only one bid!?!? Maybe that last comma was supposed to be a decimal place?
- theamk 3y agoI worked at one place that could do either small business military contracts or products.. and the management always preferred real products over military contracts. The reason is simple: for product, the success is potentially great - you work hard, make a great product, everyone loves it, so you have tons of customers and money. And by working smarter, you can deliver faster and better products, so there is a great incentive for quality work (and engineers love this!). And that military contract is "cost + fixed fee", which means no matter how great you are, you are going to get the same amount of money. And it's not like you can get more customers - that "technical support" part does not really scale well. And if an engineer has a great insight and make implementation much simpler.. this just means project ends earlier and company get less money.
- tilwidnk 3y agoYep, I agree with all of that. Half of a billion dollars though, one contract, one bidder, that was only one of several awarded that day with many awarded every day of the year (with various amounts/bids), just saying, so many contracts and one with one bidder worth that much, wow.