Three contractors are bidding to repair the White House fence.
One was from New Jersey , another from Tennessee and the third was from Iowa .
They go with a White House official to examine the fence.
The Iowa contractor takes out a tape measure, does some measuring,
then jots down some figures with a pencil. "Well," he says, "I figure the job will run about $900.... $400 for materials, $400 for my crew and $100 profit for me."
The Tennessee contractor also measures and figures, then says, "I can
do this job for $700.... $300 for materials, $300 for my crew, and $100
profit for me."
Then it's the New Jersey contractor's turn. But he doesn't measure
or do any figuring. Instead, he leans over to the White House official
and whispers, "$2,700."
The official is astonished! "You didn't even measure like the other guys! How did you come up with such a high figure?"
"Easy," the Jersey guy explains,
"$1,000 for you, $1,000 for me, and we hire the guy from Tennessee"
The definition of the term "spud" wrench is a contribution from Irish-American ironworkers. It comes from the Gaelic word for a digging stick, "spaid". The potato is called a spud because the tool used to dig it out was a simple stick.
Definition of Structural Engineering:
The art of molding materials we do not wholly understand into shapes we cannot precisely analyze so as to withstand forces we cannot really assess in such a way that the community at large has no reason to suspect the extent of our ignorance.
"Contracting Dictionary"
CONTRACTOR -- A
gambler who never gets to shuffle, cut or deal.
BID OPENING -- A poker
game in which the losing hand wins.
BID -- A wild guess
carried out to two decimal places.
LOW BIDDER -- A
contractor who is wondering what he left out of his
bid.
ENGINEER'S ESTIMATE --
The cost of construction in heaven.
PROJECT MANAGER -- The
conductor of an orchestra in which every musician is in a different
union.
CRITICAL PATH METHOD -
A management technique for losing your shirt under perfect
control.
OSHA -- A protective coating made by half-baking a mixture of fine print, red tape, split hairs and baloney usually applied at random with a
shotgun.
STRIKE -- An effort to
increase egg production by strangling the chicken.
DELAYED PAYMENT -- A
tourniquet applied at the pockets.
COMPLETION DATE -- The
point at which liquidated damages begin.
LIQUIDATED DAMAGES --
A penalty for failing to achieve the impossible.
AUDITOR -- People who
go in after the war is lost and bayonet the
wounded.
LAWYER -- People who
go in after the auditors and strip the
bodies.