I have: people bid way under and don't bother doing their research. Then when they win the "contract" start renegotiating. "We will build a fab if you give us 1bnUSD and 50 work permits" rapidly becomes we might build half a fab if you give us 100bnUSD and 5000 work permits".

I'm all for getting it done. But if want to just buy TSMC and move it to phoenix then we should do that. Let's not pay the same price for both project...