3rd November 2011, 02:26 PM
Talking corporate.......I've often wondered why someone like the National Grid (i.e. large company that owns large utility companies e.g. transco) doesn't start their own in-house unit. Not for the purpose of doing shoddy work but to cut costs in the long run.
Also other smaller companies could use this to boost profits if working under a larger company.
Similar to a big company beginning with L that have it written in their contracts (with the principle contractor) that when hiring plant they will only use company X (their sister company). Now company X then charges way over the going rate for machines etc and both companies share the profit at the detriment to the principle contractor and usually the customer or the tax payer (i.e. us).
Also their is a similar 'deal' between a certain big (maybe the biggest) car-windscreen-replacing company and most (if not all) insurance companies. A quote from the company in question to replace a windscreen (covered by the insurance) was around ?300 (ish I think) but a quote from a small-scale bloke specialising in replacing windscreens was ?30 and it took him 5 minutes to do it.
Seemed like a dodgy deal designed to profit the insurers and the big car-windscreen-replacing company and ramp up our insurance costs to me.
Also other smaller companies could use this to boost profits if working under a larger company.
Similar to a big company beginning with L that have it written in their contracts (with the principle contractor) that when hiring plant they will only use company X (their sister company). Now company X then charges way over the going rate for machines etc and both companies share the profit at the detriment to the principle contractor and usually the customer or the tax payer (i.e. us).
Also their is a similar 'deal' between a certain big (maybe the biggest) car-windscreen-replacing company and most (if not all) insurance companies. A quote from the company in question to replace a windscreen (covered by the insurance) was around ?300 (ish I think) but a quote from a small-scale bloke specialising in replacing windscreens was ?30 and it took him 5 minutes to do it.
Seemed like a dodgy deal designed to profit the insurers and the big car-windscreen-replacing company and ramp up our insurance costs to me.