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Three contractors were taking the White House tour when a Secret Service agent approached them. "Gentlemen, please come with me. We have a job we'd like you to bid on."
He took them to the back fence, where a totaled white pickup, a string of empty beer cans and wine bottles trailing up to it, was sticking through a hole in it. "The president was trying to read President Sarkozy's mind and...well, this happened. Could you give me a quick, rough estimate as to how much it'll cost to fix this?"
The president of Joe's Fence Service whipped out his calculator, did about five minutes of calculation, and pronounced that it would cost $900 to fix the hole in the fence. "I'll have to buy a new fence section and send four workers up to the site to complete the job, so figure $400 for materials, $400 for labor and $100 profit."
The chief contracting officer of Mantech said, "We can do it a little cheaper than that and still be okay because we've got a welder and a crane. So figure $200 materials, $400 labor and $100 profit...oh, about $700 to fix the fence."
The head of KBR submitted the winning bid: "Let's say...oh...$10,000 for our consulting and security fee, and we'll subcontract Mantech to fix the hole in the fence."
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