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These are very costly, and in a financially volatile environment companies do not want to spend the tens of millions of dollars that a proxy contest costs.
Entering the contest costs $50 per team, watching the race is free; October 11. (Photo Credit: Manitou Springs Emma Crawford Coffin Races).
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Indeed, the 1998 Schumer-D'Amato contest, costing a total of about $44 million, was the most expensive Senate race in New York history until 2000, the year that Hillary Rodham Clinton won Daniel Patrick Moynihan's old Senate seat.
Travelling to contests costs money.It was the economic arguments, both men agree, that won over wavering legislators.
The contest, which costs $125 to enter, usually proceeds without incident.
As of the 2013 contest, signup costs ran $19 per person with participation fees going towards Random Acts, a non-profit run by Collins that aims to encourage random acts of kindness.
That was in April, when Misurata was the center of Libya's most pitched fight, a block-by-block contest that cost the lives of hundreds of men on both sides.
Senator Nelson hasn't signed onto that, but there are estimates out there that in the sunny southern state, such a contest would cost only $4 million, not four or five times that, as a do-over.
Political observers believe that the Kentucky race could be the first non-presidential contest to cost more than $100 million.
But in the low-cost contest, the real question is why so many other companies do not bother to compete.
A Northrop executive described the terms as a "lowest-common-denominator approach designed to favour a less capable, smaller aircraft by turning the contest into a cost shoot-out".
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