Re:SpaceX gets $886M from FCC to subsidize Starlink in 35 st...
by bumby on Monday December 07, 2020 @05:02PM
(#25338240)
>The problem is over-run and underestimation
I would argue this is a bug for the taxpayers but a feature for the contractor. Much of their profit comes from change-orders after they win a poorly administered low-bid contract. It seems the M.O. often is "bid low to get the contract, and then argue/nickel-and-dime the taxpayer to pad the profit margin"
I would argue this is a bug for the taxpayers but a feature for the contractor. Much of their profit comes from change-orders after they win a poorly administered low-bid contract. It seems the M.O. often is "bid low to get the contract, and then argue/nickel-and-dime the taxpayer to pad the profit margin"