I have no problem giving time to bid a project I may be awarded (will only lose the project if my cost, working style, or availability are not in line with goals); however, I can't afford to give time bidding a project that a client may be unable to award, even if we’re the perfect fit (they don’t own or have the property under contract).

Although it’s not going to win any Academy Award, I think that I will be able to make it do everything I need to do in the future.#3.

I don't see what damages they could be awarded.2.  

LOL, a little spin on another thread......are we trying to get out 100 post award, LOL?

They don't own it unless it was deeded to them or it was awarded to them via a probate court or other judgment.  

Reminds be of credit card hacking and award travel, but at least I perceive it to have a bit more risk and am getting a bit of analysis by paralysis. 

After my divorce she was awarded the rental property and I kept the primary residence.

Not that you can't do it, but more along the lines of not being able to find lending and not gaining the trust of the broker and seller enough to award you the deal.

Let's say someone slips on ice on the stoop and sues and is awarded $1,500,000.

The appraiser reasoned that there were very few recent comps in the neighborhood, most of which didn't have pools, and their guidelines would only let them award our house about $100k (<10% of cost) for the pool!