I thought you meant $100 million in direct liquidity or net worth.
Tech Contract makes it a lot more understandable. I used to know a guy (multi millionaire) who had found a way to 'game' the government bid contracts. He only had like 3 people that worked for him and he would bid market rate +10% for any and all government contracts (mostly Federal) nationwide. If he would get the contract (didn't matter the industry he never did the work) he would then sub-contract out the work to a local sub with about 150 pages of stipulations in the contract and scope of work. If he could not get a sub under contract he would pull and escape clause and exercise out of the federal contract.
It was literally a SHAM but it was pretty smart the way he set it up. The only 3 people that worked for him were two accountants and contract coordinator. He did the bidding and contracted out all legal work.
Yea but it’s just for him personally. Not a company. It’s related to a discovery but I’m guessing even though it was approved it might get canceled due to connections used. Pure speculation on my part though.
$100 Million? Who you hanging out with, the Forbes list??? HAHA.
Tech contract
Ah, makes a lot more sense.
I thought you meant $100 million in direct liquidity or net worth.
Tech Contract makes it a lot more understandable. I used to know a guy (multi millionaire) who had found a way to 'game' the government bid contracts. He only had like 3 people that worked for him and he would bid market rate +10% for any and all government contracts (mostly Federal) nationwide. If he would get the contract (didn't matter the industry he never did the work) he would then sub-contract out the work to a local sub with about 150 pages of stipulations in the contract and scope of work. If he could not get a sub under contract he would pull and escape clause and exercise out of the federal contract.
It was literally a SHAM but it was pretty smart the way he set it up. The only 3 people that worked for him were two accountants and contract coordinator. He did the bidding and contracted out all legal work.
Yea but it’s just for him personally. Not a company. It’s related to a discovery but I’m guessing even though it was approved it might get canceled due to connections used. Pure speculation on my part though.
Yeah none of that is happening