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Office on identifying that funding. So we will have a budget adjustment before we are ready to execute the loan, which will meet theirs. We have to. Okay, all right. And i, and i noticed that you had the office of the citys office of Public Finance on the Selection Committee . Yes, we have been briefing them because nadia sits on the ocii over board as well and we have briefed the Mayors Office as well on the real estate klaleral and so they have been involved. And the last question is the margin that you said was set or that you spoke of what it would be for the first year, and what is the. I...

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, in construction contingency and 32. 9, and 15 million in Program Reserves. And the design of the 2. ...

What the budget can absorb and what additional funding would be needed . Sure, i will address your first question, first, about the risk. And so the risk of not being able to pay back is the risk to not be able to draw down on tifia and not areceived, 429 million in land sales which will mean that block 8 or five had not closed as a mentioned things happen and the land scale dates do get closed out from time it time nothing like four years and the bids on those parcels have already been received. And they are locked in to the extent that there is a disposition and a Development Agreement in pl...

Creating gaps or we could fall below 10 operational ssbns. To illustrate how much of a challenge the navy has accepted in this program of record, consider this. We must build the first ohio replacement ssbns in the same amount of time it took to build the first virginia class submarine, yet the ohio replacement is 2. 5 times its size. Concern number four, minimizing the impact of ohio replacement on the rest of the navy. There are three ways to minimize the impact of ohio replacement on the rest of the navy, and we are pursuing all of them. First, we are making the ohio replacement as affordab...

[indistinct chatter] [indistinct chatter] the Senate Committee will come to order. Todays hearing, as usual, it is in the hybrid format. Witnesses are in person. The witness, mr. Gensler, nice to see you. Our witnesses are members have the option to appear in person or virtually. Welcome back, chair gensler, to this committee. Workers and their families do not measure the economy by the stock market. Neither should we. It is why in the senate and in the new biden administration, we work to create an economy that delivers results for people who get their incomes from a paycheck, not an investme...