This is true, and it is the "invisible hand" at work again.
The adage is "you get what you pay for." It has achieved adage-status for a
very good reason.
But the operative principle here is that you have your CHOICE: Price or
performance, with the hope of a convergent set in there somewhere.
From: JCohen [mailto:jccpc(--nospam--at)email.msn.com]
Sent: Wednesday, April 12, 2000 8:58 AM
Subject: Re: Bidding ethics
Personally, I don't recommend it. Give the project to a contractor for a
fair price and the contractor will, hopefully, give you a fair performance
within their ability. Give the project to a contractor after knocking them
down to a no profit job, or less, and you will have a nightmare of change
orders, inadequate supervision and other cost-cutting measures. In the end,
the client will pay more for your fees, shortened lifetime and possible
litigation costs for non-compliance with project specifications by the