I assume one of our resident lawyers has the FOIA papers already drawn up?
Stadium Discussion
- Thread starter Gene
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Hopefully he means "Win!" like the documentary of our 2015 season where we missed the playoffs and Kreis was fired. That's the result I want with Belmont.
It's past 2pm.
WHERE ARE MY RENDERS
WHERE ARE MY RENDERS
I'm ignorant to the details, but probably to (1) control all stadium revenue outright and (2) be closer to their primarily Long Island fanbase?
I'm not the first to suggest they might leave, but I am piggybacking off others who said it could make sense.
So, bid submitted. If bid is accepted, they aren't legally obligated to build, right?
Yeah I’m not happy about this either. Still thinking it’s a leverage play
ive heard mix reactions to this...some say yes some say no. apparently it depends on the details of the agreement.
Depends on the RFP, but more than likely, no, they aren't obligated.
In construction, most projects will have three Bidding parties (the GC for example). Some GCs will want the job badly because they have an open slot in their schedule and they need to keep their workers/sub-contractors working, so they'll throw a low bid in to try and ensure winning it (sometimes better to cover costs, or even just get close, with no profit than to have zero). Other GCs may be super busy but will throw a ridiculously high number at the job figuring if selected they'll take the work because it's crazy money. And then there's the group in between that simply puts a highly competitive bid forth that is market rate with a typical profit. Even after selection, the Owner and GC still have to haggle out a contract based on the Bid Proposal. Until signatures are added on the dotted lines, there's no obligation to proceed.
The Belmont RFP is similar, but inverted, where Belmont wants to select the largest Bid proposal (whether straight money payment or future percentage of sales or however its structured). I'm guessing CFG put in a low bid to not be the prime candidate for selection. If selected, I'd be surprised if they couldn't bow out, and maybe there's also an escrow amount they'd lose that was put up to have the privilege of bidding, but whatever the amount is would be easily absorbed as a cost of due diligence on CFG's part.
Also, winning a proposal is not the same as signing a contract. They could always find some reason not to sign the contract, even if they are selected as the winning bid.
Am I the only one who thought Tolleson was pointing is in the direction of GAL with his comments on air last night?
He is certainly in a position to have better info and it would not shock me if the front office directed his comments.
Or is that just my I-live-10-miles-away wish fulfillment?
He is certainly in a position to have better info and it would not shock me if the front office directed his comments.
Or is that just my I-live-10-miles-away wish fulfillment?
I got that hint too, especially the “STAY TUNED.....” comment at the end of it
I don't remember precisely, but in the context of mentioning the Belmont bid, something along the lines of, "the site right near Yankee stadium that they were close to in 2014 might very well be back in play... Stay tuned!"
I've always believed it would be GAL and a half-assed Belmont bid certainly fits my narrative.
It would be nice to be right about something at some point.
I've always believed it would be GAL and a half-assed Belmont bid certainly fits my narrative.
It would be nice to be right about something at some point.
