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| Sunday, May 17, 11:44:26pm | [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4, 5, 6, 7, [8], 9, 10 ] |
| Subject: Re: Bombardier IncMontreal project.Apr 4 2003 SMH. | |
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Author: "We recently made a decision not to bid for the Montreal contract," Mr Fogarty said. |
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Date Posted: Thursday, April 17, 12:32:42am In reply to: with whom we will bid 's message, "Bombardier IncMontreal project." on Tuesday, March 18, 09:30:33am Posted by: hahahaa Apr 4 2003 9:02:08:467AM Reply to post # by Go to Post # Previous Respond Message List Next ERG out of the Montreal bid according to the following extarct from Sydney Morning Herald today: "The altered bonding market has had a big influence on our performance," Mr Fogarty said, when releasing the interim results. "It continues to be a concern in ongoing contracts." Many tenderers were now demanding such large bonds that the risk had become unacceptable. "We recently made a decision not to bid for the Montreal contract," Mr Fogarty said. "We believe we were absolute frontrunners to win it. " They wanted us to have a relatively low profit margin and put up $C35million ($39.6 million) in bonds." (Voluntary Disclosure:No Position Short Term rating: Long Term Rating:) OZeStock Advertisment:"Get yourself an institutional advantage!" Previous Respond Message List [ Next Thread | Previous Thread | Next Message | Previous Message ] |