Page 2 - Mindy Kenner News Today : Breaking News, Live Updates & Top Stories | Vimarsana

$934 million is what we hope to do. realistically speaking, the capital plan -- maybe the first couple of years, we hit our goal, but we are not going to prospectively for a while. kim still assume the same 1% cost? -- can we still assume the same 1% cost? >> we believe it was killed and nearly. the city's costs will be proportionate. -- we believe it will scale linear lee. -- linearly. the less demand from city projects, the less you run up against supply constraints from any trade. the lower the number, the city cost will go down more than that. we believe there are four items that...

the lower the number, the city cost will go down more than that. we believe there are four items that could dramatically or significantly reduced -- i use that word on my own -- the negative impact associated with this legislation. that would be replacing the across the board 50% mandatory requirement with a trade deficit requirement that reflects supply and demand of the city the availability of the trade. second, continually assess the progress and amount of time it would take to get to a 50% mandatory requirement. third, allow contractors that exceed local hire requirements to tra...

mismatch between supply and demand for each of the major trades we examined as part of this legislation. for some of the trades, like painters, teamsters, laborers, and carpenters, there is an excess supply of unemployed workers given what the capital plan is calling for. and one can imagine that that will not be a challenge for the industry to meet. their occupations like operators, on the other hand, where virtually no one in san francisco is qualified to do the work. contractors are nevertheless required to hire local residents. one of the things they can do if there is a shortage...