NYC 9/11 Public Portal Document
JUL-0S-38 09=24 FROM=S1LVERSTEIN PROPERTIES 10=2127321207 PACE 3/3
Based on the above the following costs are approved subject to audit.
1. Revised cost bid including addendum 1. $11,645,746-00
2. Additional cost for A & E contractor. $ 34,475.00
3. Cost to use existing ftiel lines. $ 302,410.00
4. Tapping fees (Electrical) $ 219,800.00
5. AZE fees $ 91,500.00
6- Cost of generators approved April 17,1998 $ 717,890.00
7. All scope reductions as per your letter date June 26,1998 -$ 503388.00
8. Revised “Hurricane Wall” inclusive of upgrading as per
your letter dated June 26,1998. $ 356.186.00
Total - ----- $12,864,619.00
The approval ofthe estimate is based on the contractor having visited the space and satisfied himself to
the existing conditions and to die work called fiv in the drawings and specification. Therefore, die only
change order will be for additional work/scope changes requested in writing by this office.
The following is a breakdown of die project’s budget.
Construction Cost Budget $14,287,986.00
Landlord’s Contribution -$_L6^J5W
Maximum City Construction Cost $12,619,128.00
Construction cost approved $12,864,619.00
Less Landlord’s contributions -$ 1.668.858.00
Amount payable by City $11,195,761.00
Balance remaining in Budget $ 1,423367.00
Thank you for your cooperation-
Sil
Executive Director of Space Design
c: Jerry Hauer, OEM Joseph Menasce, DRES
Iris Weinsball, DCAS Josep Domingvez, DRES
Lori Fierstein, DRES Vinicius Castagnola, DRES
Jeff Kondrat, DRES Glenn Pymento, DRES
Patrick Ronan, OEM
C;silbcniJmocnVsp'ip
NYC-WTC_000173434
OCR can misread numbers and units. Confirm readings against the page image before using them.