In competitive bidding for government contracts, submitting a significantly lower bid than competitors can be a strategic advantage, as demonstrated by a case where a bidder came in $53 million lower than the nearest competition, making their offer too attractive to pass up.
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This Crazy War Story Actually Happened đ | War DogsHinzugefĂŒgt:
What do you just said our bid was too attractive to pass up.
What did you mean by that exactly?
>> He means you boys lowballed the out of your competition.
>> [laughter] >> Yeah, yeah.
By how much?
>> Millions.
>> [music] >> Oh, okay.
Just for me, I curious how many millions?
>> You guys came in $53 million lower than the nearest competition.
>> [music] >> Mother chucker!
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