There doesnt seem to be a catalyst for this. In the red. Julie there doesnt seem to be a catalyst for this. Recovering to some extent right now. Declines. Seeing some the s p 500, clearly there is some movement throughout the session. Here you have that downward and off the bottom. Oil prices may have turned negative. There may be a correlation with that. We will talk about that in a moment. I want to talk about some other asset classes. We have existing home sales coming in the low estimate. We continue to have fed officials. John williams of San Francisco saying december is likelier than not. 2. 25 . The yield was a relatively elevated yield. Hasthen the dollar today been higher up a quarter of 1 . That is how fed talk is being interpreted. Weaker you get commodity prices. Basement is taking a hit today. Julie lets get to oils base metals taking a hit today. Julie lets get to oil first. We werent seeing that in verse trade between the oil and the dollar, at least not 100 as we have s
Approximately, 230,000 dollars below budget and in total, in the amount of the construction and since theed abouter meeting and it is approximately, 84. 7 and which is 8. 45 and that was completed in february. And this is a break down of the status and reserves based on the budgets that we received today. And the board approved budget of july 2014, 224. 9, of program reserves, and current balance, is 171. 5 million, and the plan in may, 82 million, and programs, and reserves and to bid out the rest of the packages based on the estimate that was completed in february. And based on the bids that we received today and assuming that the reminder of the packages will be within the cng budget, and our need for program reserves and litigation, is 73. 5 million and this con taouts a reduction, to 24. 5 Million Dollars. And the last come um here inaudible . , and inaudible and 47. 7, for the construction, and 21. 4, for the and 15. 1 million for the program reserves this concludes my presentati
The instructions to find as many savings as we can and we are trying to inspect functionality and we are happy to put it in and the director . And i think in line with and i actually have a lot of questions, also, on the use of water, and where the directions and it is appropriate and for the public use, and some elements of it, and so, i you know, i would like to thorough review of the roof top plan itself and we have to have the food back, to the design, and some of the elements. And with that said, i think that also, in the conversations, around the budgeted cost and the cost and it is great to hear that the that we are, getting bids in a little bit lower but it will be good to also, when we talk about the other trade packages that we look and compare to those other that we make sure that we are on track to meet the budget. So that will be it. Thank you director nuru and director harper . Well, i have a basic question, it amazes me that we have 100 percent construction, drawings for
In construction, and since the may Board Meeting and that includes the award and elevators and escalators and the roof top and the facilities the difference between the amounts and the cng estimates was 2. 5 million and as i mentioned, they did in august, for the plumbing and inaudible system. And we see five bids for the plumbing and trade packages, and with the distance and excluding it, and raging between 68. 7 and 25. 4 million, inaudible and the back in 15. 69 Million Dollars, and the cng estimate is inaudible . And the recommended award, amount is 15. 7 million which includes a deduct for the clear water, system for the wetlands, and accepted, the proposals and the optional deduct, the credit for doing both of the plumbing and the mechanical, which is the hvc system and it is the amount of the 15. 4 million and that is 8. 55 million and, delivers the estimate and 96,000 above the budget, and the scope of the plumbing package does not include the elements on the roof top park. And
The amount of the construction and since theed abouter meeting and it is approximately, 84. 7 and which is 8. 45 and that was completed in february. And this is a break down of the status and reserves based on the budgets that we received today. And the board approved budget of july 2014, 224. 9, of program reserves, and current balance, is 171. 5 million, and the plan in may, 82 million, and programs, and reserves and to bid out the rest of the packages based on the estimate that was completed in february. And based on the bids that we received today and assuming that the reminder of the packages will be within the cng budget, and our need for program reserves and litigation, is 73. 5 million and this con taouts a reduction, to 24. 5 Million Dollars. And the last come um here inaudible . , and inaudible and 47. 7, for the construction, and 21. 4, for the and 15. 1 million for the program reserves this concludes my presentation. Thank you. Director reiskin . Yeah, thank you. And i agre