Comment

Greek Financial Crisis Going Viral

449
ausador5/06/2010 2:50:04 pm PDT

re: #413 researchok

Can’t happen. Bureaucracy.

You need a hammer. You get a paycheck and go the hardware store to buy a hammer.

The country needs a hammer. You pay 5% more in taxes. Then someone has to manage 5% more money. Someone has to ask for teh hammer (even though everyone knows we need the hammer. That application has to be studied and approved 3 or 4 times. Then the money has to disbursed and further managed until it is finally disbursed and the hammer bought. Then there has to be oversight to make sure the hammer got delivered.

And we haven’t talked about the price and bid process yet.

All those government employees have to get paid and have their pensions and government health care funded.

Government is not capable of thrift or the judicious use of taxpayer funding.

I made a really good living doing contracts for the GSA and it doesn’t always work like that. Giving them a “Not to Exceed” price while telling them that you will only mark up materials by 15% and Labor by 10% works quite well.

Your giving them a maximum price for the job that will almost always be lower than any of the competitors fixed bids. Your also saying that you will probable charge them less than that. They get to see all your receipts for materials and the time sheets of your employees. You charge them what it cost you to do the job plus the agreed mark up percentages.

If your not greedy you can earn a decent living doing that, government work made up about 65% of my contracting business. I didn’t rip them off and I never had to jump through any of the layers of hoops you are talking about. Yeah, there was always a shit load of paperwork but that is true of any commercial job.

Have you ever done any government contracting or are you just repeating what “you heard” from other people badmouthing the government procurement process?