Page 3 - Revisions Program News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Today to transfer to the project will only cover the construction, the increase in Construction Costs. There will be a need for increases also what we call the soft costs, delivery costs for the additional 25 months. And there are also significant risks remaining on that project. So, we are at the same time negotiating a final change order for the discovery of those features with the contractors. All that to say that we will need to go back to our commission and to this committee in about april or may. We will come back and seek from you an approval for additional revisions to the program cost...

And there are also significant risks remaining on that project. So, we are at the same time negotiating a final change order for the discovery of those features with the contractors. All that to say that we will need to go back to our commission and to this committee in about april or may. We will come back and seek from you an approval for additional revisions to the program costs. Now, any increases in the program on that project in the program, we will want to compensate by with savings. So, at the same time we are undertaking a very comprehensive assessment of all remaining projects with t...

Item number 7, resolution authorizing the general manager of the Public Utilities commission to execute a 20year lease, for 52,324 annually with an annual increase of 4 percent, with Los Altos Hotel associates, llc, for approximately 47,916 square feet of land known as Bay Division Pipelines 3 and 4, parcel no. 232a, located in the city of los altos, santa clara county, california, for Hotel Parking and recreation purposes. Thank you very much. We have the puc here. Good afternoon, chair farrell, members of the committee. John updike, director of real estate. So, this item is a lease of just o...