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It is funny that their own personal house is usually among those baits. I'm not sure if it was on this site or another one that someone had a similar offer from a GC. That opens the possibility for an informal kick back to the GC (especially if he is an employee of a larger firm) by having you do things for him at discount rates and there is no paper trail to get him in trouble.
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I actually didn't even think of it the way you are. I just thought 'another job to bid on'. I have a bid process and I use that process for each job I do. The home is for the owner of the GC company and his wife informed me today they will be getting "quite a few bids". I'm wondering about wasting my time already.....we have too many landscapers that undercut prices and install incorrectly, and I've got quite a full schedule through spring so far. I think I will wait until the landscape design for their residence is finished by the LA and decide from there.