The Managing Director, 10th April, 2012

Yolas Consultant,

P.O.Box 1672,

G.R.A, Ilorin.

REQUEST FOR PAYMENT OF PRE-CONTRACT CONSULTANCY FEES: ELECTRICAL &
MECHANICAL SERVICES OF PROPOSED ADEROJU MODEL & NURSERY PRIMARY
SCHOOL, ILORIN.

Sequel to the earlier submission of Four (4) copies of the Electrical / Mechanical
working drawings for the proposed Aderoju Model & Nursery Primary School, we
wish to formally forward the sum of Five Million, One Hundred and Twelve
Thousand (N5, 112,000.000) Naira as pre-contract consultancy fees (i.e. stages
1&2), while the post contract consultancy fees of One Million, Seven Hundred and
Seventy-Eight (N1, 778,000.00) can be paid on the commencement of the project.

2. It is pertinent to reiterate that our computation is based on the estimated total
cost of the project and the approved professional scale of fee by the Federal
Government of Nigeria.

3. We attached the detailed analysis of payments for ease of reference and for
your necessary certification, please.

4. Thanking you for your patronage while awaiting your timely response to our
request

Engr. A.Y. Ahmadu

MD/CEO

00 0.778.500.000.000.00 STAGE 2 50.000.00 97.75 10.500.85 0.500.500.00 STAGE PAYMENT PRE.000.00 TOTAL PRE-CONTRACT FEES 2.00 232. COST OF PROJECT (ETC) N 300.000.000.000.000.00 POST CONTRACT FEES: STAGES STAGE 3 -25% OF N 3.00 688.00 part thereof Up to 200M or 0. ILORIN.556. 300.00 0.CONTRACT FEES STAGES % OF FEES BASED ON PAYMENT DUE STAGE 1 25.00 Up to 10M or part 1.00 150.55 15.A.00 = N 889.95% 5.556.00 thereof Up to 150M or 1.500.0 889.000.000.00 .000.000.000.000. 556.00 3.000.000.000.000.R.000.00 thereof Up to 75M or part 1.000.FEES FOR ELECTRICAL /MECHANICAL SERVICES OF THE PROPOSED ADEROJU MODEL & NURSERY PRIMARY SCHOOL G.00 thereof Up to 15M or part 1.000.15 75.0 1.00 TABLE -1 (ELECTRICAL SERVICES) COST OF PROJECT FEES PAYABLE (%) COST FEES PAYABLE N:K Up to 5 Million 1.53 45.00 500M TOTAL .00 862.00 175.000.00 thereof Up to 45M or part 1.65 0.000.000.00 part thereof Balance over 0.00 1.

778.112.Contract Fees N 1.GRAND TOTAL (1) Pre – Contract Fees N 5.00 (Electrical & Mechanical) (2) Post.000.00 (Electrical & Mechanical) .000.

500.000.00 thereof Up to 75M or part 1.00 0.00 TOTAL PRE-CONTRACT FEES 2.0 1.55 15.53 45.000.556.500.000.000.65 0.R.000.0 889.000.00 thereof Up to 150M or 1.CONTRACT FEES STAGES % OF FEES BASED ON PAYMENT DUE STAGE 1 25.00 688.000. ILORIN.500.00 232.000.00 part thereof Up to 200M or 0.15 75. 556.FEES FOR ELECTRICAL /MECHANICAL SERVICES OF THE PROPOSED ADEROJU MODEL & NURSERY PRIMARY SCHOOL G.00 862.000.85 0.00 97.000.A.000.000.000.00 3.00 = N 889.00 thereof Up to 45M or part 1.500.00 thereof Up to 15M or part 1.00 POST CONTRACT FEES: STAGES STAGE 3 -25% OF N 3.000.000. 300. COST OF PROJECT (ETC) N 300.000.000.00 500M TOTAL .000.00 0.00 Up to 10M or part 1.00 STAGE PAYMENT PRE.778.000.000.000.75 10.95% 5.000.00 150.00 .00 STAGE 2 50.00 1.500.00 TABLE -2 (MECHANICAL SERVICES) COST OF PROJECT FEES PAYABLE (%) COST FEES PAYABLE N:K Up to 5 Million 1.00 part thereof Balance over 0.000.556.00 175.000.

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