but, then it becomes the lbe, you know, we are depending upon the lbe to perform and so we have to have something that insures that the lbe can perform. >> maybe the term would be using something along the lines of a joint venture of these lots and they can determine which spaces or how that works but at least have some sort of joint venture, scenario rather than just an out right, you know, otherwise, the operation is just taking a fee off of the top. >> well, our idea was that we would actually have and it is outlined in number one, the bidder must be engaged in the business and operating public parking lots. >> this could be, but it does not mean that it prevents them from taking a fee off of the top and subleasing it out to somebody else. >> does that work for you jay? >> sure. >> as i understand it, we are looking at a floor as well as a minimum financial qualifications for the lbe? is that what i heard? >> will that work for you commissioner brandon? >> yeah. and i was suggesting exploring using the language along the lines of having a joint venture and that will address the finan

have been, talking with the staff to try to figure out how to come up with more opportunities for lbes, and if we keep consolidating, there will be no opportunities. and i know that at one point, most of these lots were independently run. and i think, when you do it, i mean, i am just not, clear, on how to lump them altogether, you are going to make more money. >> so, if we have minimums. >> and so there is seems to be two parts to that question, should i... >> okay. >> yes. >> so commissioner brandon, we have specifically inserted in this proposal if you will, is a lbe requirement, that the operator will be required to have a lbe participant in facet of managing and the operating, and security for the lots to provide those opportunities, is as we recognize that it should be provided. and so that will be a bid requirement. and then in terms of the i go to the second part of the question, from my perspective or from the port staff's perspective, consolidating the lots gives the operator an opportunity to first of all, consolidate and have a more sufficient staffing plan and also with th

and a few comments on lbe participation. currently the contract has a 22 percent goal. and to date eps, has only achieved, lb participation rate of 19 percent. with the approval of this contract, amount, and the execution of the additional work as presently planned, eps will be able to exceed the goal, 22 percent by the end of the contract and the amended contract term. and funds for the additional work will come from the ports's operating budget and it will be reimbursed by the forest city as part of the exclusive negotiation agreement. and in conclusion, the port staff requests the authorization to amend the contract with the economic planning systems real estate connection by increasing from $500,000 to $750,000 and by extending the contract termination date from february, 28, 214, to april, 30, 2014. this concludes my presentation. >> motion? >> so moved. >> second. >> is there any public comment? >> commissioners? any comments? >> yes. >> could you please explain a little bit how, we ended up so far, off budget? and or anticipated? >> i think that it is, i know tha

percent, and 46 percent, for the small business enterprise on phase two of the project, and these are lbe percentages of the total subcontractor costs. and the project is on budget, by deferring certain project components which i will talk about shortly and then the request before you, is for the additional funding for the certain shore power components that we have identified later in the project. this is the view of what it will look like and the remaining portions in the work in phase two include and the northwest plaza shown on the north side in green and the north point of the left-hand side of the picture and the ground transportation picture between piers 27 and 29 and the repairs and such as the mobile gang way system and the provision of the furniture and equipment and the historic walk, required by bcdc, but the pier 29 in the park bathrooms will be deferred pending a planning study to determine their location. and in the meanwhile, temperature restaurant facilities will be provided, in addition the build alone building, shown in the left top left-hand side of the drawing. came