1. Most Discussed
  2. Gainers & Losers

competitive evaluation process-what does it mean?

  1. eagle888

    35,837 Posts.
    What a debacle on the issue of submarines to be built as part of Australia's defence strategy.

    Extracts from ABC news below and a link to the full story beneath.
    "Tony Abbott accused by Labor of making up submarine project term to win spill votes."

    "Australian Strategic Policy Institute senior analyst Andrew Davies says "competitive evaluation process" is not a formal defence term.
    "It's not a formal part of the nomenclature in Defence, no," he said.
    Dr Davies does not believe Mr Abbott's promise provides any more clarity on how the contract will be awarded.
    "Before the comment made in the press yesterday about the submarine strategy, we didn't really know how Defence was going to go about acquiring the new submarine and I'd suggest that we still don't," he said.

    "...Despite some stuff-ups and cost blowouts, we must continue to build submarines in Adelaide if we're to invest in our national security, writes Tim Mayfield."

    "Independent South Australian senator Nick Xenophon told 891 ABC Adelaide he would be delivering a letter to the Prime Minister this morning, asking him to define what a "competitive evaluation process" means.
    But he said essentially the phrase was a commitment to do nothing."

    Full story on link below:

    I just hope that Australia is not locked in to Abbott's captains call to give the contract to Japan and that Australia is where the subs will be built. Seems to be some shifty business re this as no-one, not even Government Ministers have been able to define "competitive evaluation process".

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.