but i do believe it's making dbe participation come down, because the dbe certification is so much more cumbersome. that is just an anecdotal observation on my part. >> thank you. that seems like an odd requirement from the federal government that you can't take the very relevant past practice and apply it to the develop of your program, but so be it. just two questions on the earlier part of the presentation. one, i appreciate on the cost slide you included a note saying that in addition, to the 20 of reserve there is $75 million of contingency. i guess a couple of questions. in total, there is less than $100 million of contingency plus reserve for still $1.6 billion program. i'm wondering if like the reserve draw-down curve you have, is there a contingency draw-down curve we're working from? and what is the basis for us knowing if we have enough contingency and reserve >> well, as you know, fta and fra have certain requirements for how much contingency and/or reserve you have to have and at some point in spring or before the summer of this year, i will be come back to the board on whe

we have awarded 14% dbes and 21% to sb es. we worked very closely with the cmgs c and pendergast and associates to have pre-meetings and new yorking opportunities, workshops down in the construction trailers to folks fill out the paperwork to become certified and doing unbundling and roadmaps for prime contractors as far as where in each package the sbe opportunitis are. and also i did want to note that our contract compliance officer has taken on the role of co-chair with the business outreach committee for this year and that is a working group of all of the transit agencies, including mta and ac transit, where the contract compliance people work together to put on outreach events and put out a newsletter of contracting opportunities. so we're taking a lead role in that committee. >> and now scott will give an update on our community outreach work. >> good morning directors. we have a number of opportunities that continued throughout 2012. we have a monthly community meeting which is open to the public. we usually get 25-30 a

they're coming to the project with an almost 10 percent dbe sub. we are looking forward to working with them as soon as the award is made final to the committee and the board. >> thank you. other any questions or comments re: item number three? seeing then we'll open it to public comment. if there is any member of the public like to comment please come forward. >> i think it is -- when the meeting started late. you informed the people in the audience. very few people come to these meetings. one of the reason is because there is no interaction between the committee and the constituents of san francisco. so this meeting started late, and i know there was an emergency of some sort. it is good etiquette to announce that. having said that, we begin this new year 2013, the san francisco county transportation authority looks at given out a lot of grants for this that and the other. and some determination has been made on this bit. what i am asking for is a quarterly or biannual report. with see these grants made and then there is no follow-up. in light of