Forest City Ratner Companies
Prepared by-The Darman Group, Inc.
Atlantic Yards Redevelopment Status Report
Date: February 6, 2008
There have been two new purchases ince our last report on the Rail Yard Relocation and one smallcontract ncreaseon the Phase Demolition Projects. The chartsand percentages n the following pages eflectthe currentpurchasingactivity. The accomplishments re summarized elow.Arena InfrastructureThe contracts et for the Arena nfrastructure hus far total $10,693,034.00.Of this amount$8,303,000.00(approx. 77.65%) has beenawarded o MBE firms and $2,000,034.00approx. 18.70%) o WBE firms.Rail Yard Relocation
For the Rail Yard work we have a total of $24,782,268.00 in contracts awarded thus far. The MBEcontracts let thus far total $4,710,640.00 or approximately 19% of the total contracts and the WBE contract totalthufar is $1,276,472.00 representing approximately 5.15% of the total purchased to date.
Demolition PhaseThe Demolition program contract total is now $6,182,124.00. Of this amount $2,267,474.00 orapproximately 36.68% has beencontractedwith MBEs and $384,650.00or approx. 6.22% has been awarded o
WBEs. We have also listed the M/WBE subcontractorshat have beenconfirmed o date. The dollar values forthose contractshave not been ncluded n the totals reflected n the chart.Atlantic Yards Contract RecapCurrently we have accomplishedawarding 75% of the Atlantic Yards contracts o M/WBE firms.basic figures are as ollows:TheTotal M/WBEDollarsTotal M/WBEPrime Contracts
Total PrimeContractsTotal DollarsProject
Arena Infrastructure I
522936Rail Yard Relocation I