Word: bids
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Dates: during 1930-1939
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Even better are the Curtiss fighters bought and proved by France, for many more of which both Britain and France were ready to bid last week (see p. 16). A story in London's Sunday Pictorial last month was certainly calculated to put into the R. A. F. any heart it may not have derived from its proved ability to handle the Germans to date. This story told of "mass executions of some of Germany's best pilots" following their refusal to fly for fear their planes had been sabotaged or because there were not enough Messerschmitts fighters...
...Firm A" offered to supply mountings for Bofors anti-aircraft guns (a Nuffield specialty made under leased Swedish patents) for ?220 each ($880), according to Mr. Stokes, while the bid of "Firm B" on the same mountings...
Instead of getting the order, "Firm B" was told by a Government official, "you are 50% too cheap!", the specifications were slightly altered, and "Firm B" then bid ?148 ($592), but the order finally went to "Firm A" at ?180 ($720). To newshawks Gadfly Stokes swore that he was in the room when "Firm B" received the alleged telephone call, hinted that he believed "Firm A" is a Nuffield subsidiary. In the House of Commons he shouted: "I'd like to wring the necks of the armaments firms in the ring...
...major chain of collusion to up prices and profits, but he was faced down last week by Minister of Supply Dr. Leslie Burgin who appeared to be familiar with the transaction mentioned. It was simply not true, said Dr. Burgin, that "Firm B" was intimidated into raising its bid. In the course of his mild remarks, the Minister of Supply revealed that Britain had spent on armaments over ?110,000,000 ($440,000,000) since the war broke, or $7,274 per minute...
...construction company which is not usually afraid to bid is the industry's aristocratic Turner Construction Co. About half of its business is handed to it on a cost-plus basis without the indignity of competitive bidding, and it boasts that in four years picked at random (1923-27-29-30), its bills on 151 sample buildings costing $69,725,000 actually cut an average of nearly 2% from bid estimates; that over 60% of its business is repeat ordering by old clients...