Again, they all met the requirements. The proposals had to score 45 points or more to be invited to the next phase. Five of the seven firms scored over 75 points and were invited to the next phase. The oral interviews were also worth 100 points. The most qualified respondents were the top two firms. This light shows the final top. We therefore recommend contract award to the top three scoring firm which are esa cdim venture, sca environmental and aew engineering. They have not been any project through regarding evolution. We have here with us, some representation from the winning teams. [please stand by] commissioners, this slide shows the l. P. E. Participation. We are pleased to show that the contractors from this contract there was is almost 60 of that. This is scheduled for completion in late 2020. In conclusion, commissioners, we expect that you reward the port as needed for this contract. [indiscernible] im joined by our Planning Department. We are available to answer your questi
[inaudible] on the submittal due date which was may 31, we received seven proposals we had proposals. The first step in the process was to review each proposal for compliance for qualifications. All seven proposals, that we received, met the qualifications area the next that was to review the cmd forms and make sure they met the lbe requirements. Again, they all met the requirements. The proposals had to score 45 points or more to be invited to the next phase. Five of the seven firms scored over 75 points and were invited to the next phase. The oral interviews were also worth 100 points. The most qualified respondents were the top two firms. This light shows the final top. We therefore recommend contract award to the top three scoring firm which are esa cdim venture, sca environmental and aew engineering. They have not been any project through regarding evolution. We have here with us, some representation from the winning teams. [please stand by] commissioners, this slide shows the l.
Look at europe. Those numbers are even stronger. You want to see this thats what i was thinking. Wow is that because of our deal here we dont like crises crisis averted. Yeah. Only adding another 300 crisis kicked down the road. Right it gets interesting when you think about the timing of when the next will be treasury yields at 2. 055. Hes like the cnbc app. Youre like a human version of the cnbc app. Joe just recited it before the show began like rain man i decided since you you may or may not know thank you. I cant sleep. Im like cramer, up at 2 00, answering people on twitter. Talking to people. Trying to help at 2 00 in the morning youre doing this no cramer is. Cramer at 3 45 is. I know. Yeah. Its decision day in the uk. The conservative party suspected to name a new Prime Minister today at about 6 45 a. M. Eastern time well bring you that decision as it happens former london mayor Boris Johnson is seen as the clear favorite theresa mays successor will take over tomorrow afternoo
Many things have changed. Investors are asking for higher yield given what they have seen. And given that this development is not just a hotel by itself, but it will include space for dinner theatre, as well as Public Open Space, the file was different for the investor. Investor said, you know, they requirement needs to be a little bit more than what i agreed to. The developer asked us to increase the internal rate of return, and the participation changed from 70, 30 split with the port to change it to 80, 20. So we push back and we negotiated, and what we identified has changed eyes increasing the internal rate of return and that is listed in the slide from number 1 through number 5. [please stand by] year ten and youre 20, that is where we really see a separation between what the part would have achieved in terms of lease revenue from parking, being much below what we would act the Hotel Operation will be doing at that point in time. Looking at it on a net present term. Just for the
Conference. Standard chartered shrugs off trade tensions to surpass expectations with firsthalf underlying revenue. Please speak to the cfo and next. Societe generale beats but revenue for fixed income dips in the quarter. We will hear from the ceo imminently. Matt the Federal Reserve has cut rates for the first time is really, but that only half the story. After the quarterpoint cut was announced, the chairman gave investors more than a little food for thought in what is widely described as a muddled press conference. He described the cut as essentially in the nature of a midcycle adjustment. Stocks hit session lows and the closely watched twoyear and 10 year spread flattened to the narrowest since march of this year. To say the move had an insurance aspect rather than signaling the start of an extended easing cycle. To thefurther adding confusion it with the comment that said i didnt say it is just one cut. The president said on twitter powell let us down. Keepovernors voted to rates