>> approved the novation of agreement number pro.0061, federal representation to -- representation and advocacy services, authorize the general manager to execute a novation agreement for the existing agreement pro.0061. approve amendment number 2, increasing the agreement amount of 220,000 when no change in, for a total not to exceed agreement amount of 1,220,000 and remove the requirement for 5% withholding from each invoice and authorize the general manager to execute this amendment. >> the reason i asked to have this heard separately, is because of a name change? >> correct. it is a name change, but we are also adding -- asking for approval to increase and not to exceed amount for 20,000, two provide travel amounts for up to 5,000 per year for four years of the contract. we wanted to give them the flexibility to travel, as needed >> why did we have -- what is i? >> that is a standard requirement that we generally have contracts. they do something where we build them after the work is done. that is to make sure that people do the work, and in this case, since they bill us after they

you can read more on the story on cnbc.com from our reporter, jordan novat >> this could be a total game of those people rushing around in the airport. deirdre, we also want to ask you about the wework situation today. officially pulling its ipo filing what's the fallout >> well, wework pulled its filing, as you said, but it is still badly in need of cash and soon bernstein forecasts that the company is burning through $2.8 billion a year, and that it will run out of money in the first half of next year. that's only a few months away, guys so now new co-ceos, they will have to prove to markets that they can turn around the business, before that day comes. there are big outside stake holders and the success or failure of wework, softbank has poured more than $10 billion into the company according to a report now, the conglomerate is tapping its own ceo, marcelo claure to help with the overhaul massa san tapped him in the past to run sprint. another major stakeholder in this wework saga, commercial landlords. wework is the largest private sector tenant in new york and london as it looks to

let's talk about coffee -- let's talk about novation. what are other ways? it seems like a pretty simple value proposition. what other ways are you looking at, not only offering more to your customers, but also optimizing the way that you operate? >> i will give you an example. the company was two years old, we unveiled delivery as a service. what that does is it allows us .o act more like fedex you can have access to the post meet fleet. you can deliver goods extremely fast in 3400 something cities in the u.s. the first to innovate with a subscription service. post mates unlimited. i hope we have some subscribers here. fee.ay a monthly annual we launched post make party. it has done a lot more. post mates party allows you to have free delivery. where matching a place someone has placed an order with your location. you are trading a few minutes of your time for free delivery. >> and it is helping to increase efficiency. >> we do these things very selfishly, but many times it has a great benefit to the customer as well. and allows us to be more efficient. we