tag:blogger.com,1999:blog-12703782.post5061826536687653519..comments2024-03-25T13:42:25.771-05:00Comments on Advance Indianaâ„¢: Is Privatization The Guv's Solution To The CIB Mess?Gary R. Welshhttp://www.blogger.com/profile/15185079937305083438noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-12703782.post-76751430297314104382009-06-12T16:54:05.448-05:002009-06-12T16:54:05.448-05:00By the reports today whoever gets a private contra...By the reports today whoever gets a private contract might get a casino contract too! If the legislature throws that out into the street the crooks in suits will multiply like rabbits. <br /><br />They will trash the contract and in a few years be back either defaulted on State backed bonds or bankrupt. If the State lets the private company write their own contract and stray away from State Boilerplate contract rules it will be status quo. Indiana has already done it.<br /><br />A private contractors best dream come true. Ask yourself which good old boy or political crony dressed in a contractors outfit will it be. Please remind yourself of the fear of a ten year contract. <br /><br />The State of Indiana has approved a 40 year contract for a group that in three years has defaulted once, selectively defaulted twice more and is now in distressed exchange on bonds taken out on a forty year contract. What about the next 37 years? <br /><br />I bet you all could come up with a list of ten to compare notes. Some of the gambling contacts are on the CIB!<br /><br />The wild, wild midwest LIVES ON!!!!!!!I knowhttps://www.blogger.com/profile/14837535454387104930noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-940644627422276002009-06-10T10:11:48.362-05:002009-06-10T10:11:48.362-05:00An RFP process is a form of competitive bidding, a...An RFP process is a form of competitive bidding, although clearly it does not require the awarding of a contract to the lowest bidder. Subjectivity can creep into the process and favor a politically-connected bidder.Gary R. Welshhttps://www.blogger.com/profile/15185079937305083438noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-77756981672107022332009-06-10T09:46:56.601-05:002009-06-10T09:46:56.601-05:00If the answer is privatization you can bet that th...If the answer is privatization you can bet that there will be a politically-connected contractor there to do the bidding.<br /><br />Jabber, I agree. Look out when a contractor agrees to do something for free. Remember Venture Real Estate and John Bales?<br /><br />I'm not sure that the contract would have to be bid out. An RFP is a request for a proposal, not a bid, correct? Nonetheless, you know how the bidding is often rigged. You write the specs so only a favored company qualifies to rig the bid.Paul K. Ogdenhttps://www.blogger.com/profile/16137003328850866711noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-88670222304488688552009-06-10T08:27:50.349-05:002009-06-10T08:27:50.349-05:00the "reports" are posted on wthrthe "reports" are posted on wthrUnknownhttps://www.blogger.com/profile/06568477540550739570noreply@blogger.comtag:blogger.com,1999:blog-12703782.post-58093859523513159382009-06-10T08:06:24.538-05:002009-06-10T08:06:24.538-05:00I read somewhere that the two analyses of operatin...I read somewhere that the two analyses of operating expenses done for the Gov were done for free.<br /><br />Perhaps we now know why.jabberdoodlehttps://www.blogger.com/profile/12773449819475280421noreply@blogger.com