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Seeing none. A point of clarification. Secretary silva, there seems to be some confusion about from the public about what was actually approved for item 10. 4, can you confirm that the item as approved by the board at our last meeting does not add an additional annual allotment of 200,000 per year, but instead caps the annual disbursement of funds to 300,000 annually for a possible five year term of the agreement. That is correct, the amount you approved was, not to exceed amount of approximately 1. 5 1. 5 million over a three year initial term, with two options of one year each. So that would be five years potentially total. And then in the calculation of charges in the contract, costs are not to exceed 300,000 per year. Okay. Thank you for that clarification. Then, well now open item for Public Comment. Is there anyone that would like to comment on item four. And this is the approval of minutes seeing none. Do we have anybody on ....
Close Public Comment. Next item . Item 7. General Public Comment. Opportunity for the public to comment on any item whatsoever related to the Transportation Authority. Will close Public Comment. Next item. Adjournment. We are adjourned. I called this meeting to order. Welcome to the San Francisco county Transportation Authority finance committee. I am scott the chair of the committee. To my left is commissioner david chiu, to my right as commissioner norman yee. I would like to welcome to the Transportation Authority. And i want to thank gov tv, charles criminack [sounds l ....
We will be working together on the study to expre parking ways, and Management Strategies for San Francisco. Rfp was issued in november. The panel comprised from our agency and interviews were held in january. We are recommending the award of the contract to cambridge. Theyre coming to the project with an almost 10 percent dbe sub. We are looking forward to working with them as soon as the award is made final to the committee and the board. Thank you. Other any questions or comments re item number three . Seeing then well open it to Public Comment. If there is any member of the public like to comment please come forward. I think it is when the meeting started late. You informed the people in the audience. Very few people come to these meetings. One of the reason is because there is no interaction between the commit ....
I called this meeting to order. Welcome to the San Francisco county Transportation Authority finance committee. I am scott the chair of the committee. To my left is commissioner david chiu, to my right as commissioner norman yee. I would like to welcome to the Transportation Authority. And i want to thank gov tv, charles criminack [sounds like] for broadcasting todays meeting. Are there any announcements . No announcement. Call item two. Are there any questions or changes for minutes. Comments from the public. Seeing none. Commissioner carver has joined us. Item 3, reading from agenda. Good morning. Director for planning and happy new year to all. Welcome to our newest board member commissioner yee. This item is a recommendation for an award for a consulting contract for cambridge we will be working to ....
And i want to thank gov tv, charles criminack [sounds like] for broadcasting todays meeting. Are there any announcements . No announcement. Call item two. Are there any questions or changes for minutes. Comments from the public. Seeing none. Commissioner carver has joined us. Item 3, reading from agenda. Good morning. Director for planning and happy new year to all. Welcome to our newest board member commissioner yee. This item is a recommendation for an award for a consulting contract for cambridge we will be working together on the study to expre parking ways, and Management Strategies for San Francisco. Rfp was issued in november. The panel comprised from our agency and interviews were held in january. We are recommending the award of the contract to cambridge. Theyre coming to the project with an almost 10 percent dbe sub. We are looking forward to working with them ....