Word: ferranti
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Dates: during 1950-1950
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TIME'S Feb. 6 item, "High Tension," fails to mention that Ferranti Ltd. had offered Seattle transformers completely to that city's specifications at original price, eight days before their bid was rejected, also that the city purchasing agent had full legal authority either to accept this offer or to reject all bids and readvertise. The city purchasing agent had Ferranti's written assurance that they would submit a new bid completely in accordance with all the fine print in the specifications, at a price which could have saved Seattle taxpayers almost...
Export Sales Manager Ferranti Ltd., England New York City
...been rejected on technical grounds. City Purchasing Agent Paul R. Hendricks explained that the British firm had not met the city's engineering and delivery requirements; it could not furnish blueprints for twelve months instead of the 120 days specified. Furthermore, Seattle was not sure about other details. Ferranti had written its contract in the technical jargon of the British Institution of Electrical Engineers, had merely appended a glossary of I.E.E. terms, leaving Seattle to try to figure out the specifics of the bid for itself...
Last week Seattle awarded the transformer contract to General Electric Co. At $751,000, G.E.'s bid was higher than Ferranti's as well as the bids of another British firm, which had also failed to meet specifications, and one U.S. firm. G.E. won out, said Hendricks, because Seattle thought it would do the best...
...European newspapers played up the Ferranti story as a prime object lesson to "prove" that the U.S. was not practicing what it preached. Biggest complaints came from continental businessmen who have resented ECA's constant pressure for freer trade and from Britons who have persistently ignored the requirements of the U.S. market. They complained that Americans were not permitting free competition in the U.S. by Europeans. Sir Cecil Weir, chairman of the British Dollar Export Board, even hustled over to ECA's Washington office to protest that Seattle had discriminated against Ferranti...