Page 13 - Program Reserve News Today

The contingency. But it does make sense, to me if we are seeing these contracts come in at higher levels than we expected, which is understood, and it is the market. Why is there not a construction contingency that is much better than the cmg, based on what we are expecting. Because we are utilizing the construction contingency to award the packages. But you spent it. Yeah. But it seems like that maybe, when we do the budget, there is and there needs to be a whole realignment of what is based on...

Million dollars. Which basically utilizing the and that the current construction should be 55 million and we should have 57 million in Program Reserves. It would be helpful if you could share that report with us. It would put some of this i think in context. And i guess to some extent we are where we are and expecting that we are going to be able to close out the rest within the estimate given what this one looks like, and i am not sure that is a good assumption, but with regard to this, and i t...

Million, and 5. 35 of that will go to increase it and so we may not, and the construction contingency but we will be more restrictive to use. And then, if we bid everything out, and in accordance with the cng estimate and we will have 85. 2 million in Program Reserve and contingency and of which will be Program Reserves. And if you can compare the 85. 2, to the recent fdr report and the fda recommended 159 million dollars. Okay. And i did want to clarify one thing for director reiskin. The 1. 89...

Budget, you know, if we didnt have a budget issues we would have everything that we wanted in here and all of the things that are involved and not to greatly effect the aesthetic of the building and i think that we have managed to do that and we are satisfied and we are happy with it and we think that the public will be happy with it if we can continue on the path that we are on, and finish this project out. And maybe it will be good, i am glad to hear that it is a prioritization of what is impo...

Yeah. But it seems like that maybe, when we do the budget, there is and there needs to be a whole realignment of what is based on it. Yeah. And i would think. Yeah. Because, at this point, the numbers dont seem to. Coordinate, the way that they did, originally, when we said, here is our construction, and here is our cmg and our others and, it seemed to bear, a reasonable relationship. Yeah. And yeah, this is the, and where we are at right now is the second column and the and this is our current ...

Whoever is providing Risk Management guidance and recommending that we have at this point and that seems like it must be substantially under that at this point. So the projected balance, after and the packages that come in the cng budget and we are assuming that based on the experience with the three or four bids we will come in the estimate and the remaining balance will be 85. 2 million, which is 31. 8 for the construction contingency and, and 50 Million Dollars in Program Reserves, and the ft...

Transcripts. Lets take roll call please. I will note for the record that director lee will not be present. With that director nuru. Present. Director reiskin. Here. Director sartipi might be late too. Director kim. Here. You have a quorum. Is there any old business today. Seeing none. We can move to the directors report. Happy holidays. I received some good news. We got a review of the train box grant of what they do annually on how were doing with the report and its a good report. I can share i...

I think both of us really believe the Death Penalty is wrong, and is flawed for many reasons. The list is as long as my arm about several others. We feel this is important for both of us, personally, to participate in the debate of this issue in a way that we can help people frame it for a conversation. Good morning and welcome to the Transbay Joint Powers Authority board of directors meeting for thursday december 11. I would like to acknowledge the staff at sfgovtv that made it through the rain...

A whole realignment of what is based on it. Yeah. And i would think. Yeah. Because, at this point, the numbers dont seem to. Coordinate, the way that they did, originally, when we said, here is our construction, and here is our cmg and our others and, it seemed to bear, a reasonable relationship. Yeah. And yeah, this is the, and where we are at right now is the second column and the and this is our current contingency balance which is the 123, and in that balance, we have 54. 5 million dollars, ...

Today, the nonsubstantive amendment today and work on the penalty phase. So the motion is an amendment to provide the department of Public Health will oversee this ordinance. And can we make that amendment without objection . Okay. That will be the order [ gavel ]. And can i have a motion to forward item 5 to the full board with positive recommendations . So moved. Without objection, that motion is adopted. [ gavel ]. Thank you. Madame clerk, is there any additional business before the committee...