Who is PP? |
This is so blatantly and stupidly untrue that one wonders what the point of saying it is. |
IDA is a fine organization and they are straight as an arrow. |
How will merging FFRDCs reduce bloat? |
I work in the energy field and there’s no way DOE national labs/FFRDCs would merge. |
| Are there any FFRDCs on the verge of insolvency? I heard that some carry a lot of debt and if revenue declines too much they could be victim of a covenant default. I don’t know much about this. Is this true? |
Aren't most of the DoE labs already run by one or another "Battelle Partnership"? |
What is a covenant default? |
Loan agreements typically contain restrictive covenants, such as debt-to-income ratios and liquidity requirements. For an FFRDC financing significant capital assets (such as a building), a cessation of federal funding, typically the primary revenue stream, could trigger a breach of these financial requirements, resulting in a technical default under the credit facility. |
Thinking about becoming an Astronautical Engineer at RAND? Honestly, just learn to fix PCs instead. If you check RAND's job board, the Windows SysAdmins out-earn some of the rocket scientists. Imagine spending years mastering orbital mechanics just to get out-paid by the SysAdmins. The bloat is so obvious. |
This post is completely made up. And I say that as someone who predicted earlier rounds. |
The engineer salary range is $108,000 - $299,100. The sysadmin is $100,100 - $152,400. You are insane. |
This is what I was talking about. We were given a guy from RAND and he was ok, nothing impressive. He has a law degree that he doesn't use but his rates showed him at the higher tier and we pushed back. Him being an analyst has no use of his law degree with the work he would be supporting us and we declined to give higher rates. In addition, their overhead is more than 200%, WTH! They lost the whole contract with us. |
what are you talking about? I work at IDA and this is very accurate. |
Paying a sys admin with a TS/SCI poly $125k is not what's driving RAND's ridiculous overhead. That's just a researcher who's angry that anyone without a PhD might possibly make less than anyone with one. |