Word: underbid
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Dates: during 1940-1949
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...books are a combined operation of the Office of International Information, which wrote the scripts and did the translating, and of 33-year-old M. Philip Copp, a former Manhattan art agent who underbid comic-book publishers for the $24,000 contract. To do the eight four-page, black & white biographies, Copp hired Artists Bruno Premiani and William Draut, two veterans of Wild West comics...
...Army officer told a friend the prices submitted by other bidders, and the officer's friend underbid them to get a contract for $40,375. When the contract was canceled, the bidder was paid $34,343.75, although his "actual costs were only $7-053.13," and the officer went to work for his friend...
Meanwhile another housing mess appeared last week, involving OPM Associate Director Sidney Hillman. P. J. Currier, president of Detroit's Currier Lumber Co., month ago underbid competitors by $431,000 for an FWA contract to build 300 defense homes at Wayne, Mich. But he has not got the contract, he charges, because Hillman has virtually granted the A.F. of L. building trades unions a closed shop. Currier has a contract with the C.I.O. United Construction Workers. If he gets the job, A.F. of L. unions have threatened a Michigan-wide general walkout. FWA has asked OPM, Justice and Labor...
...into the South American trade, failed to take the precaution of hiring Brazilian agents with references from U. S. firms. As a result many of them hired Nazi undercover agents, who quickly reported to headquarters the prices quoted by the U. S. firms so that Germans could underbid...