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California Seeks to Redo Contracts

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  • California Seeks to Redo Contracts

    California is acting like the Federal government. A signed contract to Washington is a suggestion not an agreement--and it is one way.

    The government of California, in your name, has decided that they have spent too much, with vendors. ""We need your help!" said the letter. An attached worksheet invited the Riverside-based contractor to list ways she proposes to cut the costs of her $15,000 contract to supply cornstarch to prisons."

    This is why doing business with government is a gamble. Between the regulations and the legal problems, for many small businesses going to Vegas would be a smarter deal.

    The bottom line: California government may not get the best prices in the future, deadbeats seldom do. Were I a small business, I would get the money up front, or no product.s.wsj.net/public/resources/documents/WSJ_RENEGWarrant070909.pdf

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