Wik CESCR DR. NIK & ASSOCIATES SDN. BHD. exes» aq, ENGINEERING AND PROJECT MANAGEMENT CONSULTANTS Hrautte Em ronmental, Coast, Water Resource Engineering soo, ivi Structural and Geotechnical Eiglncering and Urban Transportation Plann ed Our Ref: ONA/CS!14/084-067, 29 June 2015 Dredging International NV clo 10 Kallang Avenue, #09-11 Aperia Tower 2, Singapore 339510 Attention: Mr. Philip Hermans Dear Sir, PROPOSED RECLAMATION FOR SERI TANJUNG PINANG (PHASE Il) DEVELOPMENT (STP2), PENANG = Tender (Resubmission) Interview and Queries Raised \We refer to the above tender resubmission interview ("Tender Interview") held on 26.6.2015 at Eastern & Oriental Berhad Kuala Lumpur office Pursuant to the Tender Interview, you have agreed to respond in wring by Tuesday (30.6.2015) 3pm, to the following queries / questions raised during the Tender Interview, namely a) b) (On the issue ofthe price of Alternative Proposal to be on Lump Sum basis: {) To confirm D's agreement that al payment would be made in Ringgit Malaysia only if Ol is awarded the contract; (i) To confirm Drs agreement on the revised Tender Price submitted for the Alternative Proposal shall be on a lump sum basis, without conditions, and nat to be subjected to: 1. Variation of Fuel Price: 2. Fluctuation Currency exchange rate both prior to and after the Tender award; 3. Re-measurement ofthe Bills of Quantities. (ii) To confirm that the Tender price is subjected to variation order whether itis positively or negatively; and (iv). To confirm that the validity perio of the inal revised Tender is 90 days after 30". June 2015, On the issue of Design Liabilly forthe Alternative Proposal (i) To confirm that Di shall take the design labiity of the ractamation works and other project component's design proposed by DI; (ii) To confirm that DI shall maintain the residual settlement requirement as per the original design in the Tender Documents; (ii) To consider completion durationtime required for the Altemative Proposal as of preferred duration and the cost impact; and (iv) To confirm DI's agreement on sectional handover of completed Works according to E8O's priority requirement, No. 22 & 24, Jalan Wangsa Delima 6, Kuala Lumpur Suburban Centre (KLSC), Section §, Pusat Bandar Wangsa Maju, 53300 Kuala Lumpur. TEL : 603-4145 8888 FAX : 603-4145 8877Page 20f2 Our Ref. DNA/CS/141084-067 29° June 2015 Dredging International NV Thank you. Yours sincerel DR. NIK & ASSOCIATES SDN. BHD, Dato’ Ir. r= nd. Kamel Nik Hassan Managing Diectoy/ eg Phang Development So, Bhd Me Lum Kok Weng TAIN