Please check out embedded video below
During the business item section of the Greensboro City Council meeting on 7-20-2010 we had Coliseum Managing Director Matt Brown present this:
56. Resolution approving bid in the amount of $1,227,775 and authorizing Contract No. 2010-074 with RP Murray for the Coliseum VIP Building Construction Project. (Council District: all) (roll call vote) (Attachment #56 to Councilmembers)
As you can see from the above embedded video we have Coliseum Director Matt Brown in a bartering agreement for over $300,000 with local companies DH Griffin CLICKHERE with President David Griffin and Brady Trane HVAC Services CLICKHERE with Jim and Joe Brady.
What is bartering?
Barter is the trading of goods or services directly for other goods or services, without using money or any other similar unit of account or medium of exchange.
In the video it seems like Mike Perdue the Coliseum Maintenance Superintendent has worked out a trade agreement with these 2 companies.It would be interesting to see what this trade agreement has in it.
As we have seen in past the Greensboro Coliseum has trade agreements with the Greensboro News and Record, Yes Weekly, Rhino Times as seen in this post at Vie de Malchance CLICKHERE .
One glaring question, is this legal?
Should local governments get into the bartering of services or should it be bidded out to the lowest bidder?
Did any other companies get a chance to barter for services on this VIP room?
Just a few questions to ponder and let's see if our local newspaper or one of the weeklies will dig deeper into this bartering of services at the Greensboro Coliseum.