Word: contractor
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...Garden State Park came to be is a mystery to many Garden Staters. Ever since Contractor Eugene Mori and a group of fellow Camden County businessmen succeeded in getting a license, there had been angry howls from local church and civic groups. Two months ago, when the grandstand was fast taking shape, irate Association for the Prevention of a Race Track in Camden County petitioned the War Production Board to freeze the essential war materials being squandered on a "gamblers' dream." WPB investigated- not once but twice-found that no priorities had been violated, no vital labor absorbed. Said...
...plants also came rumors that confusion, inefficiency and mismanagement had delayed production. From aircraft circles came gossip: Brewster officials had bitten off more than they could chew. From James Work, chairman of the Brewster Board, who has seen his company mushroom from a little subcontractor into a big prime contractor with over $100,000,000 worth of orders, came only silence...
Blame for the disaster was laid by the committee on carelessness, negligence, indecision, lack of coordination, divided authority. Said the report in its conclusions: "There was much talk of the responsibility of the contractor under his contract...
...Army & Navy way is to set up Price Adjustment boards, which keep tab on the books of all contractors. When a contractor's unit costs start down and his profits start up, one of the boards calls him in. Intelligent businessmen, many of whom are making more money than they intended or even hoped, usually welcome this invitation to renegotiate the contract at a lower price. If they don't, the board asks, in effect: How would you like to explain your profits to the Vinson or the Truman committee? Negotiation proceeds from there...
...contractor now on the Army carpet is expected to come to an agreement which will save $50,000,000 this year...