QUOTE(Platypus @ Sep 17 2003, 02:00 PM)
If they're that good, they have nothing to fear from competitive bidding. That's how a free market works; there's no compelling argument, not even national security, that justifies creation of a command economy for oil and defense contractors.
That's the conventional wisdom on bids, but it simply does not work that way in real life. Take my roadwork example I mentioned above. I would bet that the road I'm referring to (the one that would take me to my grandmother's house) was paved on a low-bid contract, I'll give you one guess why I think that
All thing perfect, those in charge would have chosen the correct balance of quality and thrift. That road was the wrong mix.
So, one has to (as always) consider costs versus benefits, I personally think the benefits of a stable, prosperous Iraq (and if we play it right, a grateful one) are worth the costs.
Remember, the primary goal here is not to do this as cheaply as possible...
Frankly, much of this controversy over contracts is built purely on unsubstantiated allegations (note the Lucent story...) which is why I thought this topic needed it's own thread.
QUOTE(Abraham Lincoln)
Truth is generally the best vindication against slander.

certainly isn't exactly a viable argument...