RE:RE:RE:RE:Pieridae Engages EPCC Contractor BechtelBechtel is doing the same thing everyone else did. They've agreed to look at the project, evaluate the engineering and then decide if they'll bid the job. They're not "doing it". They haven't agreed to build it. No one is going to enter into a lump sum contract worth $10B with a company that has a zero net worth. Just bidding on a $10 billion project will cost a compant $5-20 million. This is not like bidding to build a $2,000 deck on a house. KBR spent almost a year evaluating the project before bowing out gracefully. KBR was supposed to get paid around $10 million just to evaluate the project. I'm guessing Bechtel is asking for a similar amount. Pieridae is broke. All these announcements are just deals contigent on other deals. It's a house of cards.