i also want to remind you that this is a subcontract under the cmgc contract, which will still have a 17% goal, so the individual percentages are all to enable cmgc to come in a 17% or more on their overall contract. 24% not met here will still be expected to be made up elsewhere on other packages to maintain or exceed 17%. >> do we have the granites recalculated number anywhere? this is the first time i have heard it is under 20%. >> i have a spread sheet here. one second. director ford: thank you. why don't we let public, enters finish and then we will have staff respond? >> it seems difficult to me to think that within san francisco and the surrounding areas, a prime contractor reaching 24% small business. we have a lot of contractors in san francisco that to all types of jobs, and it seems that it is not -- when i think of it and listen to the numbers again, they sound well, but when you are talking about vendors needing a percentage while there are contractors that can meet that percentage and they are not offered the opportunity to do so, then the system is failing. director for

these packages were evaluated by tjpa, cmgc, and pmpc staff, and six were found to be qualified. one contractor was excluded when a subsequent conflict of interest arose. the invitation to bids were therefore sent to the five remaining contractors on july 30. during the bid period, seven addendum were drawn to the contractors bidding it. the engineers estimates after completion of the addendum was $5 million. the bids were opened the during nine. four bids were received. one of the five qualified did not submit a bid. the bids are as follows. it is noticeable, the high bid was 10 percent over the engineers at does 's estimate. this is a confirmation that the bid package was understood by contractors and these are satisfactory levels. on november 16, we received a bid protest from the second lowest bidder. this was reviewed carefully and on november 29, the tjpa denied the protest. so the recommendation is to award contracts to balfour beatty. they are a large contractor, 19th in the world. they have experienced all over the world, including relevant experience in california. they

: water and sewer systems, and thereby increasing authorized direct costs under contract no. 08-04-cmgc-000 by $2,452,000 and increasing the authorized construction services fee by $201,064. >> steve will report on this item. >> motion to approve the amendment. >> [roll call] that is four ayes. item seven is approved. director ford: next item. >> item 8. audit presentation of the tjpa financial statements for fiscal year 2010. >> sarah will report on this item. >> i am actually going to invite our auditor to come up to present to you this morning. >> good morning. my name is david, and we are your auditors. i want to recognize the manager from the engagement who conducted most of the oversight and supervision. we are here to present the completion of the 2010 audited financial statements. we produced two documents as a result of our audit. we have a short report to the board, which is a summary of our results. financial statements contain both a financial and compliance audit. the financial audit on page one shows our opinion, expresses an unqualified opinion, which is the highest level

approving an amendment to contract no. 08-04-cmgc-000, authorizing webcor/obayashi joint venture to award a trade subcontract to m. squared construction incorporated as the responsible bidder submitting the lowest responsive bid in the amount of $2,452,000 for tg04.1: natoma street from first street to fremont street & fremont street between natoma and howard streets: water and sewer systems, and thereby increasing

we have awarded two trade packages for the cmgc contract. both are one of the% dbe. the utility package has a female lbe crime as well as five other lbe's for a $4.7 million contract. today on your agenda, you have two more utility relocation packets. both are 100% lbe. it is the same pride in both cases, dgs certified, and both contracts have two female dbe lbe's, another california sbg, and minority. the green wall packets you have awarded are lbe prime and four other lbe, including one black, one asian, and another. site logistics packages that are out for procurements now are also set aside for 100% sbe. there is another utility relocation package issued for bid today that is also 100% sbe. in terms of of reach, we have attended dozens of offense. -- events. i have presented personally at both the business outreach committee, networking events that have been held this past year. we are having pre-bid meetings for every package. we have had 141 attendees, just on the site logistics and utility relocation pre-bid. for the bsb pre-bid, we had 190 attendees. we made

i think they went in as a design-build and then migrated into more of a cmgc model. it is kind of the same but different. where i was trying to drive the recent benchmarking is, we are continuing -- one, this is a common function in the makeup of the team. to that end, we have continued to drive toward the lower end of the ratio. with the increase, we have a ratio of 2.24%, ratio fee versus construction. it is continuing to be on the lower end of the spectrum. my last slide, in summary, we did commit to balance out the city staff as well as consulting staff. this diagram illustrates the makeup of the different roles for construction management. simply put, the blue boxes are city staff, graieen, jacobs. each stream of activity is coupled with city staff, their skill sets, as well as jacobs' expertise in these projects. it would meet our commitment of expanding cities that as well. in summary, we have built a strong team of designers, contractors, construction managers, and panting the program at an aggressive pace to accomplish much. jacobs has been instrumental in r