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Transcripts For SFGTV 20150420

Percent are african american, 20 percent are latino and the remainder are made up of arab american, iranan american owned firms. Starting last year we started tracking lgbe firms and will incorporate those numbers as they become available. Now turning to the contracts awarded during the reporting period, we had 6 new contracts that were awarded. 5 were governed by the lbe ordinance and 4 p awarded to lbes at the prime level. Approximately 3. 4 mill wrupb went to lbes at the prime level and 1. 3 million went to lbes at the subcontractor level. Thats 67 percent of total dollars awarded by the port during the reporting period went to lbe firms. The size and scope of the Construction Contracts that were awarded during this reporting period lend themselves to high lbe numbers. We tend to see the discount playing into contracts under 5 Million Dollars and lbes do really well in Construction Contracts under 5 Million Dollars. In terms of payments, 45 percent of payments made during the report

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