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Show The National Enterprise, August 10, 1977 Page nineteen Investors suing Merrill Lynch Bidding services named in suit Protesting that exclusory tactics arc being used by two bidding services, three general contractors have filed a complaint in U.S. district court, charging violation of anti-trulaws. st Tekton, Inc., Paulsen Construction Co. and Rocky Mountain Contractors. Inc. filed the suit July 22, naming as defendants Builders Bid Serv ice of Utah and Utah Sub-Contracto- rs Bid Service. Both bid services act as depositories, collecting bids FHP gains federal approval Employers of over 25 workers must now offer their employees the alternative of using the Family Health Pro- gram, when considering health insurance. Effective last week, FHP became a qualified Health Maintenance Organization under the U.S. Department of Health, Education and Welfare. Having met strict financial and management criteria, the Long Beach, Calif, based company won the classification for its 100,000 members in Salt Lake City, Long Beach and Guam. According to Jack Massi-mindirector of Utah FHP, the new designation does not o, spell immeidate investments c- - We or expansion plans. expect to grow from 16,000 to 20,000 members by the end of December, he said. But, he added, our present facilities can accommodate 30,000 He did mention members. the firm is looking for land for future expansion. FHP applied for the federal status 15 months ago. Of 200 potential applicants, it is now one of 30 qualified HMOs in the country, Mass-imin- o said. Operating two medical centers in the Salt Lake area, FHP employs its own physicians and dentists. Members pay a flat fee for health service. Expand your work A from subcontractors and submitting them to the prime contractor, states. the complaint The plaintiffs claim subcontractors participating in the service are excluded from submitting bids to non-participati- ng general contractors bidding the same project. General contractors accepting bids from subcontractors may not receive bids from member subcontractors, the complaint continues. And, after they receive bids through the depository, general contractors may not accept additional bids non-participati- from non-participati- ng Utah broker and court last week, alleging mis- representation. Plaintiffs Robert and plaintiffs Sharon Rond deposited over $200,000 in an account with Merrill Lynch, the complaint contractors. it reads further. Since a "considerable amount of construction materials by the subcontractors involved is shipped from out- Bennion state, agreed to invest the money in "conservative grade securities only. The Ronds arc asking for over $26,000, in return for money lost in both bad investments and commission. states, and signed a Standard Option Agreement at that time, not understanding what it was. nt by. Probe Inc. sub- ng They allege their broker, Kent R. Bennion, did not explain option trading to them, and had he made his intentions clear, the two say they wouldnt have agreed to that kind of account. Rather, Mer- rill Lynch Pierce Fenner & Smith were named in a complaint filed in U.S. district FOR SALE OR LEASE side the state, plaintiffs reason the contracting business constitutes interstate and trade, charge the bid services are conspiring to restrain that trade. They complain they are unable to receive bids from Office Warehouse SuperDowntown Location ,,30,000 square feet Take All Or Part (15csq. ft.) Vv' subcontrac- non-participati- ng tors and that a restraining order be placed on the defendants. In addition, they are asking recovery of litigation expenses. . v f.f. .A S vV ' , t PROBE DEVELOPMENT 532-427- 7 278-622- 7 485-323- 3 4 s y .o.V- ' ' . force without expanding the payroll sleiM a tmi tills. Here is who should: "II 1 "KZZDEL rffom '! 5T-- PHOTOREPRODUCTION IS THE KEY SECOND ORIGINALS - Save time and money with exact duplicates of your drawings ready for additional drafting. SHADOW PRINTS - Save drafting time with phantom images." PASTE UP DRAFTING - Photographically combine parts of several drawings into one composite without any tracing. ENH MAPPING - has the ideas, equipment and expertise to serve you. Give us a call. ENH MAPPING INC. 485-538- 9 436 Lawndale Drive AERIAL PHOTOGRAPHY ORTHOPHOTOGRAPHY VOLUME COMPUTATIONS People who cant resist reading an ad that says not everyone should. People who own, manage, or buy for a company with over $500,000 dollars in sales or more than five employees. All distributors and manufacturers. Medical groups. Certified Public Accountants. Insurance agencies. For the people on the list above we have an important message. Its time you looked at what computer systems can do for you. Really. One group of seven doctors found that the medium sized system paid for itself in eight months. And each successive year of use added net profit greater than the original cost of the system. Some people are reluctant to call because they have no specific application or problem area in minef. That doesn't bother us. If you are on the list or think you might like to know what costs are involved, call us. The reason you should call us instead of IBM, Burroughs or NCR is because we paid for this ad. They didnt. Of course there are more important reasons. All those companies are stuck with only their brand to sell, whether it fits your needs or not. We have a choice of ledgercard -- diskette - disk storage computer systems from a choice of companies: Xerox Diablo, Lockheed or Philips. We also provide total support in start up, software and service. We dont just leave you with the equipment and a fond goodby. We'll tell you more about what we can do when you call. If you read all this why should you call? Because you need more management information and our systems can supply it. Because we can solve your accounts receivable, inventory control, accounts payable, payroll, or general accounting system problems. Because, very probably, we can save you money. Because that is the only way you can see if what we say is what we do. We hope thats reason enough. 5 Telephone H01 2150 So 3rd Went, Suite SLC, l Uh 84115 1487-495- BENCHMARK SYSTEMS, INC. T OF UTAH 1 y., ,v |
