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Construction 101

post #1 of 7
Thread Starter 
Three contractors are bidding to fix the White House fence. One from New Jersey, another from Tennessee, and the third, from Florida. They go with a White House official to examine the fence.

The Florida contractor takes out a tape measure and does some measuring, then does some figuring with a calculator. “Well” he says, “I figure the job will run about $90,000; $40,000 for materials, $40,000 for my crew, and $10,000 profit for me.

The Tennessee contractor also does some measuring and figuring, then says, “I can do the job for $70,000; $30,000 materials, $30,000 for my crew and $10,000 profit for me.”

The New Jersey contractor doesn’t measure or do any figuring, but leans over to the White House official and whispers, $270,000.”

The White House official, shocked and incredulous, says, “You didn’t even measure like the other guys! How did you come up with such a high figure? “Easy,” the Jerseyian explains, “$100,000 for you, $100,000 for me, and we hire the guy from Tennessee.”
post #2 of 7
Yeah?!? Your point?
post #3 of 7
: Yoo speled Noo-Joy-Z rong.
post #4 of 7
Thread Starter 
For the last time,NO ONE SAYS "JOISEY"!!OK?Not even people in north Jersey.:
post #5 of 7
I would laugh except that I just went throught essentially this "joke" at work for the last several months.

We needed to upgrade one of our labs here at the university to accomodate an large increase in our Biomedical Engineering enrollment. The upgrade consisted of putting in about 10 new 110 vac 20amp circuits, 2 new 208v 20a circuits, and running some pipes (hot/cold/drain/vent) up through the floor from the room directly below for two new sinks.

Our in-house "facilities" group provided an initial estimate of $270k. We told them they were a factor of 10 too high, and to come back with a lower estimate.

They then brought in an architect who said that they would do the plans for $30k and the rest of the work would probably run $150 - $200k. We told them that they were crazy and to come back with a lower estimate or we would bring in outside contractors.

They did nothing until I stuck a pile of 6 estimates from outside contractors under their nose. Not one of them was for more than $25k. I told them I was going to use one of the outside contractors and going to the President of the university with the story.

The next day, the head of "facilities" lets me know that they can match that price, AND because the job was so small, no architectural plans were needed.

Basically, by doing nothing more than letting them know they had some competition, I got their price down by a factor of 10.

In addition, in the process of getting the external estimates, one of the contractors seemed to be checking me out to see whether or not I, a full professor, would be amenable to a bribe. Absolutely amazing.

I'm sure there are people in that industry who are honest, but you sure couldn't prove it by me. That's why I'm having a hard time laughing at this joke.

Tom / PM
post #6 of 7
Tom / PM, I'm sorry, friend. I also find that there are "those people" in every walk of life. But, I've decided that they are just not worth my time.

Of course, I've been known to go home and get my screwdriver and core drill...
post #7 of 7
Originally Posted by ssh
Of course, I've been known to go home and get my screwdriver and core drill...
What ever you do..please stop there with any type of discription.:
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