Yesterdays capitol hill briefings with Democratic Congressional leaders and white house negotiators, both speaking about negotiations over coronavirus aid. Well, thank you for coming. It was a very disappointing meeting. Fromnted to come down their meeting, up from ours, and unfortunately, they rejected it. They said they could not go much above their existing 1 trillion, and that was disappointing. The bottom line is very simple. There are only really two choices. Choice one, negotiate for them. Andtiate with democrats meet us in the middle. Or nosay it is your way way. If we do that, we can accomplish a whole lot of things. Choices for them to do executive orders, which, by their own admission, they set it to us repeatedly, does not cover opening of schools, does not cover testing, does not cover dealing with rental assistance, it does not cover elections, it does not cover so many things. There is a long list. It could go on and on and on. Again, toasking them, be fair, to meet us i
Deaths near 700,000. Virgin australia rescuers are set to outline the Airlines Financial plan. We are seeing u. S. Futures opening flat. U. S. Stocks finished higher in the new york session. They fluctuate between gains and losses. Thestors are assessing prospect of another stimulus measure. Says they try to come up with a timeline on the deal. We expect to hear from President Trump at a press conference anytime now. The s p 500 was way down by financials but Energy Companies led the advance. Oil is losing at the moment. Heading toward 41 per barrel. This after we saw the biggest gain in two weeks. Lets look at the asian markets. Asian stocks are looking at a modest drop potentially ahead of the session. Toyota and honda are reporting today. The yen is holding below 106. China officials are reportedly set to meet around august 15. Barda futures heading higher. When it comes to commodity currency, we saw a lift up there given the rise in oil and metals. Cracked 2000 for the first time e
Good morning, regarding the audits, we go through annual audits with the Controllers Office. And the emphasis of the audits have been taken a little bit of a interdepartmental emphasis and we would like to work with them to change the dynamics and so we are working with the csa unit. So you are saying that the audits did not happen . Yes, they have been happening every year. Okay, and what have you found through those audits. Different recommendations for one of the recommendations that happened last year was that we should have a tracking system that was not in place and that was implemented in july, with the lba and uts. Okay. And we are in transition right now, and they, and with the recommendations that we were working with the new recommendations. Okay, and the audits of the joint ventures have also happened. I am so sorry. The audits of the joint venture haves also happened . Yes, not at this year, but it has happened in the previous years. What have you found from the audits . F
Childrens. And we are going to conduct another one this summer with the puc at the Contractor Assistance Center and so i have been working with their team and also at public works we are going to conduct additional Public Management and other trainings targeting to bridge that gap between being sub, to becoming a prime and we are hoping to do that in the fall of this year and i wanted to point out one other metric on the last slide there, is out of 7 possible micro, lbe contract ordered during 2122, 7 of them did go to microlbe and that is great and we have a good trajectory and i wanted to point out that the director made a goal for us to award as a department 25 microlbe contracts and as of today, we ordered 34. So you will see that of those you have got 15, additional, and i mean, i am sorry, 8 additional contracts that are awarded in q3, to micros, lbe set aside and then we will see on the Veterans Building seismic upgrade which is right across the street and you probably see the c
And then if you look to the right on that, and is the monetary awards and the total amount was 51. 3 million or 2122 and of that 40 percent went to the lbe primes for 20. 4 million and nonlbes got 8. 5 and i broke it out to the right to give you an idea over all and then i went down and i specifically did lbe subs of 11. 6 million and so of the subof those prime contracts or nonprime or nonlbe contracts the subcontractors, the bles were 11. 6 million and nonlbe subs were 9. 1 and you will see the break out below again of the specific mbe and wbe categories. Now, that was awards, and so the distinction is awards verses payments. So me the money, so the next slide is the total payments of about 5. 4 Million Dollars. Of that, 4. 1 million was paid to prime and i mean, lbe primes and subs and so they combined those numbers and 1. , approximately, 1. 2 million were paid to nonlbe primes and subs and then again, i broke it out by different categories and mbe and wbe to break out the lbe prim