the proposed decision updates the california p.u.c. implementation of law that requires c.a.s to satisfy some financial security requirements. by posting a bond or cash sufficient to cover the cost of returning customers from the cca to the utility supply portfolio. in compliance of that law since we started operating, we've posted a $100,000 cash deposit with the california p.u.c., we did that in 2012. now that they're looking at revising the numbers, the proposed decision has broken the financial security requirement out into two components, two catagories of cost. they're proposing to assess an administrative cost as well as a cost that would cover incremental procurement for that set of customers for a six-month period. so on the administrative cost front, pg&e proposed and the proposed decision would authorize them to charge a reentry fee per customer of $4.24. that contrast with southern california edson proposal of an administrative cost of 50 cents per customer. so we're not quite sure why pg&e's cost is so much more than edsons

does not discuss how the role of the california p.u.c. self could or should change in the face of the changes that they are anticipating, and offers no solutions. flagging the need for unspecified regulatory and legislative change. the california p.u.c. set a deadline for comment of june 11th on that report. and they scheduled a legislative style hearing, referred to them, for june 22nd. you can anticipate that will be very active, both in sacramento and here at the california p.u.c. helping to shape the outcome of the dialogue that the california p.u.c. has opened. with that, i'll take any questions if you have them. thank you. public comment? >> hetch hetchy quarterly report, dan wade. >> mr. wade, how are you? >> doing well, thank you, president kwon. good afternoon. dan wade, capital, water capital projects and programs director. today update on the hetchy capital improvement projects for the period from january 1st through march of 2018. but also like to emphasize some of the work that started in march and is ongoing, with respect to