Posts Tagged ‘1905’

First Glimpse At Weideman & Singleton Engineering

20 Mar


Topographic Survey with electronic distance meter


Date: Fri Mar 20 11:29:10 1998

Attached is a local DC web competitor's pricing schedule, Peter, cheap in some areas, high in others, but that's how the game is played. Learned this when working for Weideman & Singleton Engineering in Atlanta, 1789 Peachtree St., NW, established in 1905, oh how the memory works; I still can't remember where you work, or any of my more recent addresses in the field—when tabulating multimillion dollar construction bids.

Each company decided for itself where to stick high values and low values in different areas of the bid, say, low in rock excavation and high in manhole depth footage, or the reverse, and perhaps, low per foot rates in clay pipe laid but high in gravel bedding for that same pipe. Depending on the unexpected conditions of the job, a company could go bankrupt (in three and a half years at W&S I witnessed a few who did, who suddenly were bounced to sub-contractor status rather than rootin' tooting' general contractors in the big scheme of things, having lost their bond rating) if they put no money in rock excavation, say, in digging out the pipeline over the course of the 10 mile job they suddenly hit an underground vein of previously unsuspected rock, the same for gravel bedding for the pipe in other circumstances. If rainy season roared in requiring much gravel or swampland required much more gravel to be poured into the trench for longer lengths than expected, a company could get rich or lose its shirt depending on how it had structured its bid, which had been accepted out of all the competing bids on a bottomline low bid, but structured individually, a la carte so to speak, based on that company honcho's intuitions after walking the job and reading the specs as presented by our firm who represented the county and city municipalities which were upgrading their sewerage or water pipeline system.

Just thought I'd take a shot here at describing some wonderful business experiences I've never forgotten from my early days when still in my late but married teens.

In the case of GSIS prices, the high-low game is still in place. We offer compatible set-up rates, lowball monthly server fees, and higher training fees. Evens out.



"Ignorance and virtue suck on the same straw. Souls grow on bones, but die beneath bankers' hours.""