Denver is one of many U.S. cities vying to be Amazon‘s second headquarters — dubbed HQ2 — but despite some saying that the Colorado city would be the perfect locale, CNBC’s own analysis doesn’t find the city to be a perfect match.

CNBC gave Denver a grade of a C+ in meeting Amazon’s criteria — citing in particular its location, crumbling roads and high cost to business.

There are some selling points, of course: Denver’s affordability, proximity to universities and large pool of tech talent keep it solidly in the running.

The state’s workforce is the most educated in the country, according to the U.S. Census Bureau.

And there’s some hype around Colorado’s bid — The New York Times declared in September it had picked the winner for Amazon.

But the state’s official bid was low on incentives — compared to some stunning numbers from New Jersey and California — and it’s a relatively costly state for businesses.

Amazon has more than 200 proposals to piece through, but is expected to announce a round of finalists sometime in the next month or so before declaring a winner.

To see how Denver stacks up against other cities in the running, read CNBC’s full report card here.

Source: Tech CNBC
Denver has made a big push to be Amazon's HQ2, here's why it might not win the bid