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Word: bidders (lookup in dictionary) (lookup stats)
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...tight bottleneck in Army contracts was the custom among Army procurement men of giving orders to the lowest bidder. Nelson told procurement officers hereafter to negotiate all contracts, place orders where they will get quickest action...

Author: /time Magazine | Title: U.S. At War: First 60 Days | 3/23/1942 | See Source »

...Chert (gravel) cost the Government $80-90,000 too much. Low bidder was the Cartwright Construction Co. at $1.63 per cubic yard. But Cartwright's contract was canceled, Memphis Stone and Gravel Co. took over at $2 per cubic yard...

Author: /time Magazine | Title: BUILDING: More Dirt | 12/1/1941 | See Source »

...Federal economy directly opposite to that of Harry Hopkins' WPA. But he has long reserved special wrath for a widespread business practice: submitting identical bids on Government contracts. Long ago Mr. Ickes discovered, with a Donald-Ducklike squawk, that there is almost no such thing as a low bidder; on many contracts all the bids were identical to the penny for hundreds of thousands of dollars' worth of work and materials...

Author: /time Magazine | Title: National Affairs: Mr. Ickes Reverses Himself | 9/1/1941 | See Source »

...Honest Harold" found a simple and paingiving answer: he awarded all identically bid contracts to the bidder located farthest from the proposed project. This automatically upped the winner's transportation costs. The Government gained nothing; but the winner had greater expenses...

Author: /time Magazine | Title: National Affairs: Mr. Ickes Reverses Himself | 9/1/1941 | See Source »

...General Aniline & Film Co., whose Swiss owners want to sell it, was understood to have found a bidder last week. The would-be buyer was not named. When and if the sale is made, a medal-whether for bravery, ingenuity or at the very least dope-upsetting-will be in order for the buyer...

Author: /time Magazine | Title: CHEMICALS: Who Owns Aniline? | 7/28/1941 | See Source »

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