Thanks for some useful info, Phil. Amazing what one can do with proper
accounting tools. I know a gentleman in the construction business. Some
years ago whilst he was preparing a bid, one of his men pointed out an error
in the proposal as written. The particular government in question was
widening a road and had failed to account for the left turn lane traffic
loops and appropriate lights. My friend therefore bid most of the job
normally, but bit the poles AT COST while pumping up the price of the
traffic control loops. There were a number of intersections and my friend
got the winning bid (lowest bid). Ooops, they discovered the error later
and since the lowest bidder was already awarded the contract, the extra
loops were added at the price for the loops specified in the bid (how many
hundred percent he padded on those numbers, I don't know. But he did make a
nice profit margin on that contract). ) He was happy enough to give the
guy who pointed out the error $5,000.00.


73 from Rochester, NY
Jim AA2QA



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