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well, youre missing alot of details such as size, type of paving material, type of soil, what is currently on the land, price of land acquisition, cost of living in area *yes construction costs more when you gotta pay the guys more*, etc. but needless to say, large amounts of money can be spent on something so simple as a parking lot. Just think about the fact that your university sent this out to be bid on by general contractors and your $7mil figure was the cheapest one to be found. well, either that or someone is getting a hell of a kickback.
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"Thou art god"
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