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Transit center itself and we are very, very careful about the interaction of the two buildings structurally, one with the other. The elevator core is also part of the structural system. It is four feet thick, at the lowest level and tapered in size of the tower and goes up and so it allows an enormous amount of stability to the towers structure. And in a building this tall, it is very interesting, obviously seismic design is critical but at this height of 1070, it is really wind that one has to design for primarily over seismic, if you design for wind, appropriately you have designed to seismic. That is the key to the very robust central core that has a concrete box surrounding it. You see the three exit stairs and you see the great number of elevator and this happens to be one of the lowest floors and that is the low, rise, elevator core that is colored in. This is the mid point of the tower and this is about a 20,000 foot square plate and then the top plate of the tower, 18,500 squar ....
And equally that it is all to supply the materials provided for all shifts and all shifts not just eight hours a day. And one of those will be a certified mechanic as well and so any instant repairs can be done. They will conduct all maintenance and inspections on a regular basis. Including certifications and dismantle all of the equipment at the end. We started with. We received a cost estimate independent one from webb corp in july, and for duration of four years starting in january, for 12,000,000. Three proposals received on december the 14th and anvil builders was selected on september the 20th. And notice of intent to negotiate was issued but this is an asneeded, or you need each piece of equipment and so it is therefore as need and we need to negotiate rates and an appeal was received from one of the other bidders and it was concerning licenses it was reviewed, the licenses were checked and the appeal was denied. We then entered negotiations on the contract, which was completed ....
Completing. And right on track, is a weekly update here on the production of the shafts and you can see that we were behind the curve in the beginning with just the learning curve of putting the shafts in but we are caught up and projecting a finish on time. But, it is a quality control, remains in effect on the butress there is coring for checking the structure and that is just the general shot of put ng a rebar cage and the awss work. Is the only utility work going on now and as you know we had a little extra activity around halloween and i thought that i would show the photos of the world series, and we are very proud of the giants and some of the players are basically right outside of the job. The budget remains consistent, with the budget, on the construction size. And with the release packages to date. As i said before, a little over 550 craft hours completed and running over 60 percent on the Small Business or local labor, ....
All of the three proposals were inside of the original estimate. So the staff is really quite comfortable to recommend that the board authorizes the contract for 9. 2 million to anvil builders. Are there any questions . I just have one quick question. And so, being that you had three applicants but two were not responsive, because they didnt submit all of the required documents . Did we get an understanding as to why that happened during the process . It would appear that that would, pure laziness, frankly and it was obvious in the documents and they signed off the check as to say that they had done all of this and provided it and yet it is like fly america, all of these documents which were required, were just not signed and submitted. A successful one has every single piece and i considered the longer one than any of the others. Thank you. Any other questions . Okay. Move approval. Yes. The first and second and members of the public, wishing to address you under this item . Director ....
Over a fouryear period. And we have allowed for that, but we negotiated with the contractor of a mixed overhead rate throughout for the whole four years, as a percentage on the labor. And all of the monthly Equipment Rental rates were fixed and anvil builders, in fact, sbe certified and also have a disadvantage of veterans business, who actually will be supplying the design and the electrical connections. And they have an agreement with usa hoists to provide all of the equipments which is leased to the project. So the contract will, in fact, exceed the 80 percent sbe. And we agreed with the negotiation of 9. 25, approximately a million under the next lowest bid. All of the three proposals were inside of the original estimate. So the staff is really quite comfortable to recommend that the board authorizes the contract for 9. 2 million to anvil builders. Are there any questions . I just have one quick question. And so, being that ....