EFTA00593657.pdf

St. Thomas, VI 00803 Date: May 27, 2016 Tel: Re: Project Cancellation Costs To: WE LLC Project: Asphalt Paving Attn: Rich Kahn Little Si James Island Dear Mr. Kahn, Please see the project cancellation costs below; • Work Performed o 45 trucks materials hauling @ $400.00 per $18,000.00 o 884 tons agg. base loading and spreading 2,652.00 o 884 tons agg. base structural compaction 4 420.00 Subtotal $25,072.00 Overhead 15% $3,760.80 Total $28,832.80 • Mobilization Costs (3 times) o Personnel — 96 man hours @ $45.00 per $4,320.00 o Equipment Transportation — 21 @ $350.00 per 7,350.00 o Specialty Equipment shipping, taxes, clearing 4 120.00 Total $15,790.00 • De-mobilization Costs (3 times) o Personnel — 96 man hours @ $45.00 per $4,320.00 o Equipment Transportation — 21 @ $350.00 per 7.350.00 Total $11,670.00 • Cancellation Costs 15% $512,500.00 $76,875.00 Total Costs $133,167.80 1 Project Cancellation Costs LSJE LLC EFTA00593657