Monday, August 29, 2011

Competition? We don't need no stinking competition.

That's a takeoff on a line from "Treasure of  Sierra Madre", a great movie. The guy who uttered the line was a villain and sometimes I think the Pentagon is a villain when it comes to responsibly managing our money. It has been berated many times for issuing single-source contracts. Now, we learn that recently 45% of its contracts are no-bid.

Sometimes no-bid contracts are necessary. But, I think having to issue no-bid contracts for almost half of the work you have to contract out seems preposterous. Sometimes no-bid contracts are reasonable. But, the costs of many are questionable as to their reasonableness; some have been so bad that the bidder has been convicted of fraud. 

This is another cost of the Pentagon's crappy management.

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