7a Supp

Item No:  _______7a_supp_Corrected_
Date of Meeting: November 23, 2010
RCF Construction
November 2, 2010




October 1, 2010

RCF Construction

Form Installation  Area F  Last Placement Area                     CSB Curtain Wall Glazing in Progress






QTA #1  Car Wash Bay Substrate Preparation                         CRCF ORI 518 On Ramp SEW Wall
2

Rental Car Facility Program
Contract - Status Summary

Base Contract            Revised                Additional Costs *                Unallocated          Billed to date
Amount                                                          Balance         (as of 30-Oct-10)
In review **     Executed
Consolidated Rental Car Facility
Total Construction Costs   $224,837,739           $211,421,525           $391,408    $201,884,042            $9,146,075             $170,304,586
Construction Contingency Summary

Non Suspension Contract Changes     $5,953,159            $17,031,082         $5,751,282     $7,860,0920           $3,419,710              $5,993,031
Suspension Related Contract Changes                           $16,800,000                         $8,640,600            $8,159,400               $7,038,559

Off Site Roads
Total Construction Costs     $7,627,485                                                  $7,627,485                    $0                  358.823
Contract Changes     $1,087,000                                $527,400             $0             $559,600

Bus Maintenance Facility
Total Construction Costs    $13,086,444                                                 $13,086,444                    $0
Contract Changes     $1,611,000                                                     $0           $1,611,000
NOTE: * updated as of November 15, 2010
** includes costs in dispute for entitlement or quantum

3

Consolidated Rental Car Facility
Program Costs as of 11/15/10
Project          6/30/09       2/2/10          Approved    Pending        Remaining     Expended to   Forecast to
Budget      Authorization   Transfers/   Transfers/     Contingency  Date         complete
Trends      Trends
RCF         $350,772,000    $350,772,000  $16,500,692    $5,751,282  $111,579,110  $235,291,856   $350,772,000
BMF        $28,282,000    $28,282,000  ($1,900,000)        $0   $1,611,000   $3,804,912   $26,382,000
ORI           $19,542,000    $19,542,000  ($3,229,000)      $527,400     $559,600    $3,358,709    $16,202,450
MTI          $3,383,000      $583,746        $0         $0     $338,300      $39,869    $3,383,000
Buses         $17,327,000     $16,000,000  ($4,911,269)          $0     $219,897        $212    $12,415,731
Unallocated
$0              $0   $10,040,269      $1,900,000     $8,140,269            $0             $0
Contingency
Total         $419,306,000    $415,179,746  $16,500,692     $6,278,682    $24,348,176   $242,495,558   $409,155,181

4

Consolidated Rental Car Facility
CFC Funding Forecast Comparison
Revised November 15, 2010

$110
Cum. Ricondo Feasibility:
1C4.9
$105                                                                                                ,0

$100 /

$95

$90
Millions    $85
in
$80
Dollars                                                                  Cum. R'condc Feasibility, 82.2
$75

$70

$65

$60

($'sin Millions)   Mar-09 Apr-09  Moagy-  Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10 Feb-10 Mar-10 Apr-10  M1803]  Jun-10 Jul-10 Aug-10 Sep-10 Oct-10 Nov-10 Dec-10
1
--_-3/2/09 CFC
63,6   651   66,7   68 6   70 8   73.5   76 3   78.6   80 6   821   83 6   84 9   86 2   87 7   89 3   912   93.4   96,1   99.0   1013  103 3  104.8
Forecast

I   'CFC ACtUaIS    54,4   55 2   57,8   59.5   71.7   74.2   757   789   809   823   835   845   855   88,1   89,8   912   93,8   95,4   98.5

6   Cum  Ricondo2
82 2                                                                        1049
FeaSIbIIIty
Delta ofAct
T0 3/2/09     09    10    11    1,0    10    0.7    0.4    0.2    0.3    0.1    0.1    0,3    03    0.4    05    00    04    0.2    0.3
Forecast


1 3/2/09 forecast is Port's monthly forecast, based on same assumptions as Ricondo Feasiblity analysis.

2 Latest Ricondo Feasibility is May '10

3 No interest proceeds in amounts shown.
5

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