Stimulus Watch: No-Bid Contracts Mean Higher Costs

[ozzmdj]

The Pentagon saves more than three times as much money when companies compete, the AP analysis showed. Yet more than $242 million in federal contracts -- representing more than one-fourth of the military's stimulus contract spending so far -- has been awarded under the recovery program through no-bid contracts for repairs and maintenance.




CNSNews.com - Stimulus Watch: No-Bid Contracts Mean Higher Costs

 

[ba1614]

The Pentagon saves more than three times as much money when companies compete, the AP analysis showed. Yet more than $242 million in federal contracts -- representing more than one-fourth of the military's stimulus contract spending so far -- has been awarded under the recovery program through no-bid contracts for repairs and maintenance.




CNSNews.com - Stimulus Watch: No-Bid Contracts Mean Higher Costs

That was only bad when Mr Bush did it.