Post by R. Mark Clayton Post by Phi
The old GEC Weinstock trick, make quotations low to get the contract and
then hold others to ransom, to be re-financed.
Weinstock's (aka Arnie) more common trick was to produce a very tight
specification knowing that the government / MoD would change and / or add
to it. Then he would increase the price and delay the outcome.
This would go on for years, even decades, as with the infamous
which were almost entirely due to GEC's avionics.
On one occasion, a contract was signed by a CEGB representative to build a
substantial part of a nuclear power station with a 'critical facility' not
included on the final contract, he then arranged to have the 'critical
facility' built on daywork costing as much again as the original contract.
Governments go for the cheapest not the best value, especially when no
maintenance is included.