25-70-350-26-08806 CP2600617-Carlsbad State Veterans Cemetery - QA 8-28-26.pdf

Questions and Answers 8/28/26 CP2600617-Carlsbad State Veterans Cemetery

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Division 21-Fire Suppression

Question 1, Aug 24, 2026 7:32 AM MDT

Division 21-Fire suppression is not indicated in the specifications but is on bid sheet, please clarify if this division will be used for this project.

Answer. Fire suppression as in fire sprinklers will not be a part of the project. New Bid sheet has been amended to reflect this item not being on bid sheet. See updated notice from 8/28/26.

Division 28 - Electronic Safety & Security

Question 2, Aug 24, 2026 7:33 AM MDT

Division 28-Electronic Safety & Security is not indicated in the specifications but is on bid sheet, please clarify if this division will be used for this project.

Answer. Division 27 and 28 are owner provided owner installed if any, not a part of A & E. New Bid sheet has been amended to reflect this item not being on bid sheet. See updated notice from 8/28/26.

Division 27 - Communications

Question 3, Aug 24, 2026 7:33 AM MDT

Division 27-Communications is not indicated in the specifications but is on bid sheet, please clarify if this division will be used for this project.

Answer. Division 27 and 28 are owner provided owner installed if any, not a part of A & E. New Bid sheet has been amended to reflect this item not being on bid sheet. See updated notice from 8/28/26.

Project Experience / Past Performance Requirement Clarification

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 4, Aug 24, 2026 7:34 AM MDT

There appear to be conflicting project value and quantity requirements regarding the experience/past performance criteria: Appendix F – General Contractor Qualifications, Section 2(b) states: “Provide information about five (5) or more completed public or private projects over $10 million. Complete Attachment A for five (5) maximum projects listed.” Attachment A – Reference 5.2, Experience states: “Experience in public or private facilities projects over $6 million.” Additionally, the Bonfire e-Procurement electronic system, under Section 5.2 – Evaluation Factors, Past Performance (See Table 1) (80 Pts.), Item B, states: “Attachment A – For each of two (2) completed projects over 6 million dollars.” Please clarify the project experience/past performance requirement that Offerors should follow. Specifically, what is the minimum required project value ($6 million or $10 million), and how many completed projects/Attachment A forms are required to be submitted (two or five)?

Answer. Appendix F Section 2b shall be revised to “b. Provide information about two (2) or more completed public or private projects over $6 million. Complete Attachment A for two (2) maximum projects listed. “. See amendment 1. See updated notice from 8/28/26.

General Contractor Qualifications – Attachment E Project Experience

Question 5, Aug 24, 2026 7:37 AM MDT

The General Contractor Qualifications, Section 2(a), requires Offerors to list projects completed or at least 75% complete for FMD, other governmental bodies, or private entities within the last five (5) years and directs Offerors to complete Attachment E. However, Attachment E – Reference 2.a states that projects worth more than $15 million completed within the last ten (10) years may be included. Please clarify the applicable project experience requirements for Attachment E. Specifically, should Offerors provide qualifying projects from the last five (5) years or the last ten (10) years, and is the $15 million project value stated in Attachment E a mandatory minimum requirement?

Answer.

Appendix F Section 2a shall be revised from “in the last 5 years” to “in the last 10 years.”

The $15 million project value is correct. It is a mandatory minimum requirement. See updated notice from 8/28/26.

Project Manager and Project Superintendent Experience Requirements

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 6, Aug 24, 2026 7:38 AM MDT

The General Contractor Qualifications require the assigned Project Manager and Project Superintendent to each have experience in their respective roles on one (1) or more construction projects valued at $10 million or more. However, Attachment A – Reference 5.2, Experience references public or private facilities projects valued at over $6 million. Please clarify whether the project experience identified in Attachment A must also demonstrate that the proposed Project Manager and Project Superintendent served in their respective roles on projects valued at $10 million or more, or whether projects valued over $6 million submitted under Attachment A will satisfy the experience requirements for the proposed Project Manager and Project Superintendent.

Answer.

Since this is a general inquiry about the person’s overall experience, the $10 million threshold applies. This project is over $10 million so it is a reasonable threshold.

Attachment A is specific to a ‘similar’ project in scope of work.

Section 2.3 – General Requirements, Item #7 – Proposal Offer Firm:

Question 7, Aug 24, 2026 7:40 AM MDT

This section states that responses to the RFP, including proposed pricing for services, will remain firm for one hundred twenty (120) days after the proposal due date, or ninety (90) days after the due date for receipt of a Best and Final Offer, if applicable. Please clarify whether FMD will consider a change order or other equitable adjustment for documented material price increases that occur during the 120-day proposal validity period and prior to contract award or Notice to Proceed.

Answer. No.

(No Subject)

Question 8, Aug 24, 2026 7:53 AM MDT

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

The Draft Contract includes an Allowable Overhead and Profit Schedule for Direct Work Costs, which limits Contractor and Subcontractor overhead and profit markups to 5% or 10%, depending on the category of work. These percentages appear low in comparison with current construction industry costs and current market conditions. Please confirm whether the Owner will consider revising the allowable overhead and profit percentages to better reflect current labor, administrative, insurance, operational, and other costs associated with performing and managing change order work.

Answer. Please read section 2.3 Items 15, 16 and 17 for the process for this item. The current thresholds will not be changed as this is the State of New Mexico Contract template in which Facilities Management Division utilizes. Potential bidders are welcome to submit in their proposal following Section 2.3 for consideration.

(No Subject)

Question 9, Aug 24, 2026 8:27 AM MDT

Please clarify whether Builder’s Risk insurance is required for this project and, if so, whether the policy is to be provided by the Owner or the General Contractor.

Answer. Please refer to sections 3,4 and 5 of the Request for proposals document for all requirements on this project.

Question 10, Aug 25th 2026, 12:12 PM MDT

Please clarify the pre-proposal conference requirement for RFP 70-350-26-08806.

The RFP contains inconsistent guidance concerning the conference

Page 5 describes participation using permissive or encouraging language.

Section 2.1, page 12, does not provide a date for the pre-proposal meeting.

Section 2.2.3, page 13, states that the in-person pre-proposal meeting was mandatory and identifies August 24, 2026, as the meeting date.

A prospective offeror relied on the earlier event information and did not identify the mandatory language in Section 2.2.3 before August 24. Consequently, the prospective offeror was unable to attend the conference.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Given the conflicting and incomplete solicitation language, please confirm that nonattendance will not render a prospective offeror ineligible or nonresponsive and that an otherwise complete and responsive proposal may be submitted for consideration.

Answer. Section 2.3 Explanation of Events as well as the portal events section was very clear this was a mandatory requirement to bid on the project. Pages 5 and 12 have been updated to reflect the same information.

Question 11, Aug 25th 2026, 1:01 PM MDT

Please clarify the controlling project-experience thresholds and submission deadlines for RFP 70-350-26-08806. The Bonfire Project Summary conflicts with the RFP in several material respects.

Project-experience thresholds

The Bonfire summary states that Attachment A requires two completed projects exceeding $1 million, while RFP Section 5.2, page 31, states that the two completed projects must exceed $6 million.

The Bonfire summary states that Attachment E must identify projects exceeding $25 million, while RFP Section 5.2, page 31, states that projects exceeding $15 million must be listed.

Please confirm that the controlling thresholds are:

Two completed projects exceeding $6 million for Attachment A; and

Projects exceeding $15 million for Attachment E.

Solicitation deadlines

The Bonfire summary lists the questions, substitution requests, and proposal submission deadlines as 9:00 PM MST/MDT. The RFP and Bonfire event schedule identify the applicable deadlines as 3:00 PM MDT.

Please confirm the following controlling deadlines:

Questions and substitution requests: September 1, 2026, at 3:00 PM MDT;

Responses to questions and substitution requests: September 8, 2026, at 3:00 PM MDT; and

Proposal submission: September 11, 2026, at 3:00 PM MDT.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Please also confirm that the RFP and subsequently issued addenda govern if any information in the AI-generated Bonfire Project Summary conflicts with the solicitation documents.

Answer. Please see updated notice dated 8/28/26 as all items above have been addressed.

Question 12 , Aug 26th 2026, 11:08 AM MDT

Could you please clarify how we will be notified when new documents or addenda are uploaded to the portal? Will a notification be sent to the email address on file, or is there another method of notification? Please advise. Thank you.

Answer: Responses to all questions and answers will be posted to the portal as they get answered thru the time allotted in the sequence of events listed in the portal.

Question 13, Aug 26th 2026, 2:32 PM MDT

Answer. Fire suppression is not a part of this project. New Bid sheet has been amended to reflect this item not being on bid sheet. See updated notice from 8/28/26.

Question 15 , Aug 26th 2026, 2:35 PM MDT

The RFP pricing form appears to combine the Administration/Maintenance Building interior improvements and the additional columbarium work under Alternate No. 1.

Please confirm whether Alternate No. 1 is intended to be accepted or rejected as one combined alternate or whether the following components may be selected independently:

Administration/Maintenance Building interior improvements.

Additional columbarium units and associated site, foundation, utility, and finish work.

If the components may be selected independently, please revise the pricing form to provide separate alternate line items and clearly define the scope associated with each component.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Please also confirm that offerors should submit a single combined price for Alternate No. 1 unless a revised pricing form is issued.

Answer. Alternate #1 will be approved or denied based on bids. The request is that the items be priced individually on line items A & B for owners' use and future consideration.

Question 16, Aug 26th 2026, 2:37 PM MDT

Drawings A110 and A111 indicate interior work associated with Alternate No. 1, but the extent of the Administration/Maintenance Building work required under the Base Bid is not fully defined.

Please provide a detailed scope matrix identifying the work required under the Base Bid versus Alternate No. 1, including:

Structural framing, exterior enclosure, roofing, insulation, and weatherproofing.

Interior partitions, doors, frames, glazing, ceilings, and finishes.

Plumbing, fire-suppression, mechanical, electrical, communications, security, and fire-alarm rough-ins.

Utility services, equipment pads, sleeves, penetrations, underground systems, and service connections.

Code-required and life-safety systems necessary for the Base Bid building.

Restrooms, equipment-service bays, offices, public areas, and support spaces.

Equipment, fixtures, controls, testing, commissioning, and temporary conditioning.

The condition in which Base Bid spaces must be delivered if Alternate No. 1 is not accepted.

Please identify all systems that must be complete and operational under the Base Bid and clarify whether the Base Bid building is required to receive a certificate of occupancy without Alternate No. 1.

Answer. All exterior walls, windows, doors, store fronts, finished roofing, insulation, exterior finishes, weatherproofing, hvac, electrical, plumbing, will be left as gray shell, which is the raw, unfinished skeleton on the interior of the building. It includes the floor slab, and all utilities will be capped and left ready to distribute. I.E. HVAC RTU will be installed, and ducts will be left pending for duct grid distribution if ALT 1 is approved. Same goes to plumbing, the pipes will be

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova installed and capped. All electrical conduits at the exterior wall will be installed and ready for distribution once the interior walls are installed if approved by ALT 1. The kiosk or grave finder must be left operational so all electrical needs for exterior walls must be finished. Code required and life safety that involves base bid must be installed. Certificate of occupancy is required without alt 1 as the area will be marked for future tenant improvement.

Question 17, Aug 26th 2026, 2:39 PM MDT

The bid documents identify subsurface stormwater drainage cells, but the information provided does not appear sufficient to establish a complete and consistent basis for pricing.

Please provide or clarify the following:

Basis-of-design manufacturer, acceptable products, and required cell configuration.

Required storage volume, dimensions, elevations, and hydraulic performance.

Structural loading requirements, including construction, vehicle, and emergency-vehicle loading.

Excavation, subgrade preparation, bedding, backfill, compaction, and cover requirements.

Required liner, geotextile, geogrid, waterproofing, and protective materials.

Inlet, outlet, overflow, underdrain, cleanout, and observation-port requirements.

Groundwater, infiltration, buoyancy, and dewatering design criteria.

Inspection, testing, commissioning, and acceptance requirements.

Required operation-and-maintenance materials and Owner training.

Whether final system design is the responsibility of the Engineer of Record or delegated to the Contractor or system manufacturer.

If delegated design is required, please identify the required design professional, submittal criteria, performance parameters, and permitting responsibilities.

Answer. Please refer to sheet C404 and spec section 33 4623

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 18 , Aug 26th 2026, 2:41 PM MDT

The RFP describes the project as having less than 4.9 acres of disturbance, and Civil Drawing C001, Note 21, references floodplain-related requirements. Please clarify the regulatory and bidding requirements associated with these conditions.

Please provide or confirm the following:

The applicable FEMA flood-zone designation and current mapped floodplain and floodway boundaries.

Whether required floodplain development permits, drainage approvals, and environmental clearances have been obtained.

Copies of available permits, studies, models, elevation certificates, and agency correspondence.

Whether the 4.9-acre disturbance area is a mandatory maximum or an anticipated design quantity

Whether the disturbance limit includes temporary construction impacts such as staging, laydown, trailers, parking, haul routes, stockpiles, utility work, borrow areas, and spoil areas.

The party responsible for tracking, documenting, surveying, and certifying the disturbed area.

The required procedure if construction cannot be completed within the stated disturbance limit.

Any seasonal restrictions, flood-response requirements, special insurance obligations, or limitations on storing materials and equipment within the floodplain.

Whether the Contractor must obtain additional stormwater, floodplain, environmental, or land-disturbance permits.

Please provide a drawing identifying the approved limits of disturbance and any areas where temporary or permanent construction activities are prohibited.

Answer. Floodplain Map showing the site entirely within Zone A is on Sheet C200. Per FEMA requirements and Eddy County Ordinance, a floodplain development permit will be required. The Owner and design team are in the process of finalizing the submittal to the Eddy County Floodplain Manager for approval. There are no seasonal restrictions, obligations, or limitations required or imposed. Disturbance area refers to the earthwork involved on the project, whether it’s for building footprint, asphalt roads, concrete slabs, and crypts and cremains fields.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 21, Aug 26th 2026, 2:49 PM MDT

Civil Drawing C406 identifies a sanitary sewer lift station; however, the bid documents do not appear to provide sufficient design criteria or equipment requirements to establish a complete and consistent basis for pricing.

Please provide or clarify the following:

Design flows, storage volume, operating levels, pump capacities, total dynamic head, and required system redundancy.

Wet-well dimensions, materials, coatings, access, ventilation, and buoyancy protection.

Pump type, quantity, horsepower, basis-of-design manufacturer, and approved equivalents.

Valve vault, piping, fittings, guide rails, lifting equipment, access hatches, and related appurtenances.

Electrical service, control panel, disconnects, variable-frequency drives, alarms, and backup-power requirements.

Required telemetry, remote monitoring, SCADA integration, communications protocol, and connection to any Owner or utility monitoring system.

Emergency storage, bypass pumping, generator connection, and high-water alarm requirements.

Odor-control, freeze-protection, security, fencing, lighting, and site-access requirements.

Testing, startup, commissioning, training, spare parts, warranties, and operation-and-maintenance requirements.

Applicable utility-owner and Authority Having Jurisdiction design, permitting, inspection, and acceptance requirements.

Whether final lift-station design is the responsibility of the Engineer of Record or delegated to the Contractor or equipment manufacturer.

Please also identify the accepting utility or Owner representative and provide the applicable lift-station standards, approved manufacturers, and standard details.

Answer. There is no sanitary sewer lift station. There is a stormwater lift/pump station. Please refer to Spec Section 33 4418 for answers to the preceding

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 22 , Aug 26th 2026, 2:50 PM MDT

Drawings A100 through A103 and A501 through A505 depict in-ground crypts and cremains burial units; however, additional information is required to establish the complete scope and quantities for pricing.

Please provide or confirm the following:

Total quantities of each crypt and cremains burial-unit type required under the Base Bid and each alternate.

Unit sizes, configurations, capacities, materials, load ratings, and basis-of-design manufacturers.

Whether the units are Contractor-furnished and installed, Owner-furnished and Contractor-installed, or Owner-furnished and Owner-installed.

Required lids, liners, seals, hardware, drainage components, markers, identification systems, and other accessories.

Excavation, subgrade preparation, bedding, foundations, anchorage, backfill, compaction, and finish-grading requirements.

Required spacing, elevations, tolerances, survey control, and record-location documentation.

Vehicular and equipment loading criteria over and adjacent to installed units.

Testing, inspection, manufacturer supervision, warranties, and acceptance requirements.

Required spare or attic-stock units and replacement components.

The bidding basis for rock excavation, unsuitable soils, groundwater, dewatering, and other differing subsurface conditions encountered during installation.

Any required phasing, protection, or restrictions on construction equipment within completed burial areas.

Please provide a coordinated schedule identifying each burial-unit type, corresponding detail, quantity, location, and bid category.

Answer. Crypts and cremains units are provided by DVS, bidders should only account for installation work. All information regarding this installation and quantities are represented on the drawings.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 23, Aug 26th 2026, 2:52 PM MDT

Drawings A402 and A403 and the RFP pricing form reference columbarium work, including an Alternate No. 1 quantity of 250 niches. Additional information is needed to establish the complete scope and a consistent basis for pricing.

Please provide or confirm the following:

Total number of columbarium units and niches required under the Base Bid

Whether Alternate No. 1 adds exactly 250 niches to the Base Bid quantity or replaces another scheduled quantity.

The number, size, configuration, and niche capacity of each columbarium unit.

Basis-of-design manufacturer and acceptable equivalent products.

Precast-concrete materials, finishes, colors, textures, reinforcing, connections, and structural design requirements

Niche doors, interior liners, shelves, seals, hardware, security devices, and other required accessories.

Limestone cap type, dimensions, finish, anchorage, flashing, sealant, and weatherproofing requirements.

Required lettering, emblems, engraving, numbering, inscriptions, templates, and responsibility for final inscription work.

Foundations, excavation, subgrade preparation, reinforcing, anchorage, drainage, backfill, paving, and adjacent landscape restoration.

Design loads, delegated-design requirements, shop drawings, samples, mockups, testing, inspections, warranties, and manufacturer supervision.

Required spare doors, caps, hardware, or other replacement components.

Whether freight, unloading, storage, craning, installation, protection, and final cleaning are included in the Contractor’s scope.

Please provide a coordinated schedule identifying each columbarium type, location, corresponding detail, niche count, and assignment to the Base Bid or Alternate No. 1.

Answer. Bid base includes 250 niches, niche covers are provided by DVS, all other work is represented clearly on the drawings including responsibilities. Alt 1 includes an additional

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova columbarium of 250 niches, niche cover provided by DVS as well, flat work is also on alt 1 and limitations are represented on the drawings

Question 24, Aug 26th 2026, 2:54 PM MDT

The RFP pricing form and Section 01 21 00 identify an FF&E allowance. Please clarify how this allowance is to be incorporated into the proposal and administered after award.

Please provide or confirm the following:

The exact allowance amount to be included in the proposal.

Whether the allowance is included in the Base Bid or Alternate No. 1.

Whether the allowance amount includes applicable New Mexico gross receipts tax.

Whether freight, delivery, unloading, receiving, inspection, storage, protection, assembly, installation, and final placement are included within the allowance.

Whether utility connections, blocking, backing, anchorage, patching, touch-up, testing, and commissioning are included within the allowance or priced separately.

Whether Contractor overhead and profit, bonds, insurance, and other markups are included in the stated allowance or are to be added separately.

Whether design, selection, procurement, and coordination responsibilities belong to the Owner, Contractor, or design professional.

Whether the Contractor will purchase the FF&E or coordinate Owner-direct purchases.

How unused allowance funds, overages, substitutions, and changes will be reconciled.

Whether warranties, operation-and-maintenance information, training, and attic stock are required.

Please provide a preliminary FF&E schedule or narrative identifying the anticipated items and the responsibilities assigned to the Owner and Contractor.

Answer. The exact allowance is represented on the forms. It shall be included as base bid, the amount does not include tax, and all costs related to the final placement of FF&E are included.

Refer to spec section 012100 – Allowances and Appendix E Draft Contract Part B Section 3.8.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 27, Aug 26th 2026, 3:00 PM MDT

Section 33 56 13 references a fuel storage system; however, the bid documents do not appear to provide sufficient information to define and price the complete system.

Please provide or clarify the following:

Required fuel type, storage capacity, and number of tanks.

Whether the tank is aboveground or underground and whether it requires single-wall or double-wall construction.

Basis-of-design manufacturer, model, listing, and approved equivalents.

Tank material, coatings, supports, anchorage, foundations, bollards, fencing, and weather protection.

Required dispenser, pump, hose, nozzle, meter, filtration, vehicle-access, and equipment-control features.

Fill, vent, overflow, emergency shutoff, spill-containment, and overfill-prevention requirements.

Required leak-detection, interstitial-monitoring, inventory-control, alarm, and telemetry systems.

Electrical power, grounding, bonding, controls, communications, and emergency-power requirements.

Required secondary containment, drainage control, oil-water separation, and environmental protection.

Fire-code setbacks, signage, extinguishers, crash protection, hazardous-area classification, and other life-safety requirements.

Required permits, registrations, inspections, testing, startup, commissioning, operator training, and warranties.

Responsibility for environmental documentation, fuel-system licensing, and delivery of the initial fuel supply.

Whether final system design is the responsibility of the Engineer of Record or delegated to the Contractor or equipment manufacturer.

Please provide the applicable site plan, system details, equipment schedule, design criteria, and requirements of the fire marshal and environmental authorities having jurisdiction

Answer. All requested information is in the construction documents and project manual. Basis of design is Convault.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 28 , Aug 26th 2026, 3:02 PM MDT

Drawings A100 through A103 and E101 identify ornamental-metal fencing, chain-link fencing, and site gates; however, additional information is required to establish the complete scope and a consistent basis for pricing.

Please provide or clarify the following:

Fence types, locations, heights, post spacing, materials, gauges, profiles, and foundations

Required finishes, colors, coatings, corrosion protection, and touch-up procedures.

Gate locations, dimensions, clear openings, configurations, materials, and hardware.

Identification of each manual and powered gate.

Basis-of-design gate operators and acceptable equivalent products.

Operator duty ratings, operating speeds, controls, safety devices, loops, photo eyes, edges, emergency releases, and battery or backup-power requirements.

Access-control requirements, including card readers, keypads, intercoms, remote controls, vehicle detection, schedules, and credentialing.

Required interfaces with fire alarm, security, communications, and emergency-response systems.

Electrical power, conduit, wiring, grounding, surge protection, communications, and control-panel requirements.

Fire-department access, Knox equipment, emergency override, and Authority Having Jurisdiction requirements.

Required programming, testing, commissioning, training, warranties, and spare components.

The intended access and security sequence for the two setback frontage gates and other controlled entrances.

Please provide a coordinated fence and gate schedule identifying each assembly, location, height, finish, hardware set, operator, access-control devices, and responsible specification section.

Answer. All requested information is in the construction documents and project manual.

Generated on Aug 25, 2026 7:29 AM MDT - Camille Cordova

Question 29, Aug 26th 2026, 3:03 PM MDT

Please confirm whether the prices entered on RFP Appendix D-1 are to include or exclude New Mexico Gross Receipts Tax.

If gross receipts tax is to be included, please clarify:

Whether it must be incorporated into each individual bid item or shown as a separate line item.

The project location and tax rate offerors should use for a consistent proposal basis.

Whether allowances and alternates are also to include gross receipts tax.

Whether the State will issue a nontaxable transaction certificate or other applicable tax documentation.

How future tax-rate changes will be addressed after contract award.

Please provide a clear pricing convention so that all proposals are submitted and evaluated on the same tax basis.

Answer. Gross Receipts tax is not included. The state will not issue nontaxable transaction certificates. Future tax rate changes will be addressed in a change order. If the rates go up it will be an added cost, If the rates go down it will be a credit.