ms. widener has indicated, on february 1, 2010, the airport issued a competitive request for proposal. they did receive two bids, one from the existing contractor and the second from five star parking. as shown in table one on page 1-3 of our report, five star parking received a slightly high higher evaluation rating and was selected as the preferred contractor. the airport -- the proposed resolution is requesting the contract for a greater amount of time, which would include not to exceed $26 million for not only the initial five years and six-month period but additional three optional years. our recommendation is that that be reduced. they do agree with that recommendation. the only other point that i would highlight to you is that under the propped agreement the cost will increase significan y significantly. the monthly cost comparison is shown in our report on table 4, page 1-8. and the cost for salaries will increase 19.2%, tpreupg benefits 21.6% 6789 direct cost 250%, management fees 8.9% and overall increase is about 41%. however i would note that most of those increases are res