Quote:
Originally Posted by NSW2492
I'm not familiar with the bidding process on commercial real estate, is it possible that they already got enough bids in and closed it after only a few weeks? Or that they at least got enough inquiries that they closed it to new interest in bidding? I'm not sure what the most likely scenario here is, but I imagine the second scenario is at least possible. A project this size isn't going to have an insane number of viable contractors to pick from, so I could see them closing it after all realistic ones made inquiries into bidding. Or maybe they got some rough pricing back already and determined it's not feasible to move forward at this point with prices as high as they are.
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I'm not sure and thought the same thing, i.e. trying to figure out if this is good news or bad news lol
I assumed bad but maybe I'm wrong?