>>commissioner moran: ms. labon? >> good afternoon, commissioners. i am the wsip director. today's quarterly update covers the reporting time between october 2 and december 24. these are slides that summarized the progress made on the program during the reporting quarter. essentially we had one project. one of the four projects that remain in its design move to a bit and award, the seismic addition to pipeline three in four. two projects, said the construction activity, completed, and moved to close at hunters point reservoir rehab and the improvements. we also had two local projects that completed their clothes out activities, so these projects are now completed. -- so their clock -- that completed their clothes out activities, so these projects are not completed. three of seven are in big and awards, to get into construction. construction is now active on 19 projects, over $2.5 billion. we have completed construction activities on it now two-thirds of the program's 81 projects. this slide summarizes the cost and schedule variances, and it compares all these variances have

>>commissioner moran: ms. labon?