. >> prequalified bidders we prequalified 7 bidders and ultimately received five with a range of 57.2 million to 82.7 so i'm going to breakdown this table there's a lot there. at the top i show each of the bidders each of the 5 bidders along the top and along the left column is where i'm going to breakdown the various components built into this bid and the staff expands but also want to reiterate that this was an a plus b contract a being a component that's basically a contractor's base bid and the b component is the number of working days and in the contract when we put out the bid we allow them to have a range so that they can't bid 10 days and they can't bid a thousand days it's roughly within the ballpark of what's been allocated and that's to allow the ingenuity of the contractors to set their schedule if this doesn't work with the rest of the transit projects because they are too inter laced among the contractors so you can see it aligns on the working days column shimmick did -- the base bids i'll address those as well the base bids i'll start with were 57 million and 175 thous

bidders to the project and they show up on bid day we've had pretty good success on getting bidders prequalified so we've had many of them dropout so we've taken the information that was gleaned from the survey and made a number of adjustments that we think are going to help to attract bidders to the project we're doing a lot more personal outreach to the bidders and continuous communication with them during the bid process so we know if they have any issues that are going to cause them to perhaps not bid the project so we can address those during the bid process before they just don't show up on bid day. we're also developing fairly detailed scoping documents that we're presenting to the bidders during the preconstruction or prebid meeting so that they can clearly understand what it is we're asking them to bid actually walking them through specific sheets of the drawing and highlighting them on the drawings and showing them our what our anticipated scope is there's over 2500 sheets of documents just plans plus a lot of specifications for them to go through it's a lot of information so we feel b

and over the last couple of months there's been significant effort in outreach to make sure the prequalified bidders do bid on these projects and that did happen where we had a bunch drop through in the process and we've addressed those various reasons and now going forward to addressing the bid manual every stone has at this point the team has been working very hard in the last couple of months to address those areas. >> and you will be hearing from steve humphreys about what they are actually doing to retain the bidder pool and extensive outreach at the next item. >> directors at the last board meeting i mentioned that we'll be bringing you our updates on the cost estimates and i'm here to give you that update is mark sevani. >> as maria mentioned the last meeting presented to you open bids and a 30 to 35 percent increase above estimate mainly as a result of the market conditions in san francisco and transbay and also the silicon valley and this mitigation plan utilizes contingencies and reserves the agenda is a recap of the july 2013 board approved budget we'll give you an update on the c

million plus and the engineers he estimated 42.4 to 4 million we have an estimated goal and had 7 prequalified biders they were received in a percentage of 52 to 87 million. as we received those bids last week we're currently in analysis of the bid results and will give a recommendation to the board in april. thank you >> so the directors do you have any questions otherwise i'll - >> thank you. i have quite a few. first was that material part which what was put in the packet or posted >> no, it's part of my report it wasn't. >> it would be helpful to see there's a lot of detail and trying to look on a little screen it would be helpful to get that in advance and the public as well. i'm sure the substance i guess the question is how do we not foresee any of feel there's a pattern and part of it was over descriptive and part was complex but part of the professional services we're buying to construction review and market review and we have a lot of folks that are vesting presumably those pathologies and it seems like one after another we're surprised by biders dropping out or really high bids. i g

i want to prequalify my comments. i have a lot of respect for cub cuban. this guy understands what's wrong with what happened with what sterling said and thinks. so i'm very okay with mark cu n cuban. he's coming from the right place on this. but he's trying to point out that there are people out there -- we discussed it -- that have prejudices and we should deal with reality and he's trying to point out that exists in our society. but he doesn't endorse it by any means and he is in a hot seat as an owner of an nba team. his challenge is to walk the fine line with the discomfort he has in sterling's comments knowing it hurts the brand and just wrong. at the same time it pulls at his guts and many others in america. taking away ownership is unamerican. we don't do that in america. at the same time, we can't tolerate sterling's comments because that's not how we think. i think that is the challenge to walk that fine line and that's what mark is trying to do here. i totally support him every day. >> kevin, thanks so much. good to see you. >> take care. >> kev