Didn't he say cheap?We have a Savage Model 10 with a muzzle break and bull barrel for $600 - 700 at Red's. All you'd need is a good set of rings and bases, and a $300 Super Sniper 10x scope. That's a solid 3/4 MOA rifle right out of the box with good ammo. Spend some money on a good stock like a B&C, Mc, etc. and you'll have a 1/2 MOA rifle.
Remington builds a factory 5R barreled 700 that is an excellent buy at $1000 new. The 5R barrel is widely used by military sniper teams, including our own, and others around the world.