Borah, Bryan Bids Rejected

Item: Distrct rejects building bids: Proposals were all higher than $7.7M budget /Maureen Dolan

More Info: School officials in Coeur d’Alene are rejecting all the bids they received for construction projects planned at Borah and Bryan elementary schools. The proposals were opened Tuesday and all three came in higher than the $7.7 million the district budgeted for the two-school project. “Right now, we can’t award the bid,” said Wendell Wardell, the district’s chief operating officer. “We’re considering what our options are.”

Question: Does this mean the economy is recovering & builders are beginning to ask more?