Funds are allocated to fund the project second one is, of course the alternative funding that see required to replace the tuning materials the third although the project is within budget it is slow based on the fta recommendations, however, when april comes along and the tunnel contract is complete that recommended contingency will go in terms of the accuracy of the funding. On that point whats the contingency required and the level. Right now 140 million at this point that is required and the project has 81. 2 million in reserve so when in april when the tunnel contracts reaches completion the required amount will be down to 75 million so thats more than more than adequate funding. Thank you. And the final challenge because, of course, the project of this size has changes is that the Revenue Service date remains unchanged, however again based on the fta foundations the contingencies scheduled is lower the recommended amount project has about 4. 8 months contingency scheduled and the r
Coming in a timely number and quantities, however, because they require congressional approval we need to insure the funds are allocated to fund the project second one is, of course the alternative funding that see required to replace the tuning materials the third although the project is within budget it is slow based on the fta recommendations, however, when april comes along and the tunnel contract is complete that recommended contingency will go in terms of the accuracy of the funding. On that point whats the contingency required and the level. Right now 140 million at this point that is required and the project has 81. 2 million in reserve so when in april when the tunnel contracts reaches completion the required amount will be down to 75 million so thats more than more than adequate funding. Thank you. And the final challenge because, of course, the project of this size has changes is that the Revenue Service date remains unchanged, however again based on the fta foundations the
The moscone station excavation is underway last but not least lets not forget the surface station where caltrain is working on the Foundation Piles central subway as a fte in the program that has contract specific goals from 6 to thirty percent those goals are based on the type of works to be performed and the ability of the krarthsd to perform the work the tunneling contract only had a 6 percent goal because there isnt any dbes to do the tunneling work now as of the challenges he mentioned earlier we need to continue with the advocacy for the new funds theyve been coming in a timely number and quantities, however, because they require congressional approval we need to insure the funds are allocated to fund the project second one is, of course the alternative funding that see required to replace the tuning materials the third although the project is within budget it is slow based on the fta recommendations, however, when april comes along and the tunnel contract is complete that recomm
Mentioned earlier we need to continue with the advocacy for the new funds theyve been coming in a timely number and quantities, however, because they require congressional approval we need to insure the funds are allocated to fund the project second one is, of course the alternative funding that see required to replace the tuning materials the third although the project is within budget it is slow based on the fta recommendations, however, when april comes along and the tunnel contract is complete that recommended contingency will go in terms of the accuracy of the funding. On that point whats the contingency required and the level. Right now 140 million at this point that is required and the project has 81. 2 million in reserve so when in april when the tunnel contracts reaches completion the required amount will be down to 75 million so thats more than more than adequate funding. Thank you. And the final challenge because, of course, the project of this size has changes is that the R
Way we hoped the fte requirement to reduce the contingency amount it is a problem we need to look at it and hopefully, well hope that the project continues on track to the full conspiracy is not needed matrix youve heard that state was said 75 million is the contingency we need so really managing 9 cash flow and working with the federal partners to get higher levels of that every year with the recommendations it is 165 million that is a little bit more than projected so more cash up front were not concerned with meeting the deliveryables but we have to escape out the 75 million. One more question so when the streets are replaced at union square theres money in the budget for the restoration of the roadways that are being displaced; right . You guys are going to put the street back when our done; right . laughter . John the Program Director yes, we will supervisor. And currently the plan to replace them the way you founded them other studies for alternative. Since you brought up that to