Well resurrected!

But (despite what you say at the end), this sad story is not much good without naming names (although we don't need to embarrass your colleague)!
To be honest, it could have been much worse (those prices, I mean). After all, if anyone is into
gouging ... then why not go for broke!

But anyway, no doubt you'll be extending a warm welcome to the company engineer when (or perhaps, if) he visits again.