DocuSign Envelope ID: 56B90779-71F5-4254-AC17-05A983989758

A8D4067B-0898-4241-93A7-C794AB799844

November 6, 2020

ALI- SLMG
Ayala Land, Inc
Strategic Land Bank Management Group
5/F Glorietta 4
Ayala Center, Makati City

ATTENTION : Mr. Stephen Comia

Business Development Manager

THRU : Mr. Rodel Santos

CMG-Construction Director

: Mr. Daniel Amparo

CMG-Project Director

SUBJECT : Cost Claims for an Extension of Time

ARCA SOUTH PIE MIXED USE PROJECT

Sir;

We submit herewith our Cost Proposal for EOT (Basement Portion) for ARCA SOUTH PARCEL 1
AND 3 (PIE) Project amounting in PESOS: FORTY-NINE MILLION FIVE HUNDRED FIFTEEN
THOUSAND SEVEN HUNDRED THIRTY-TWO PESOS AND 52/100 ONLY (Php 49,515,732.52).

Please find the attached documents relative to the above subject the following.

1. Cost breakdown

For your information, comment and for approval.

Thank you.

Very truly yours,

EDMAR S. BALUYUT
Area Manager Noted by:

SLYVIO A. DALOGDOG
General Manager
DocuSign Envelope ID: 56B90779-71F5-4254-AC17-05A983989758
B2CA9B1E-0A8D-4FAB-9868-B0F51494E375
3DDD7DEF-7E01-4ADA-B9BE-01C8193047BA
7D73FDCA-1BF4-4382-8A49-D04CBE5A3964
A8D4067B-0898-4241-93A7-C794AB799844

Makati Development Corporation

Extention of Time Claims
Basement Shared
Original Basement Top-Off : 16 July 2016
Duration of
Item Item Description Number Quantity Unit Unit Rate Total Amount Rev Top Off (based on June 2020 Comp.): 04 Nov 2016
Engagement
Extension Time (in months) : 16

1.0 Site Management 79.00 Jul-16 Nov-17

Management
1.00 COG Head 0% 1.00 35.00 man - mos 230,590.08 -
2.00 Opcen Head 0% 1.00 35.00 man - mos 153,726.72 -
Operation
3.00 Project Manager 0% 1.00 35.00 man - mos 89,673.92 -
4.00 Project in-charge 100% 2.00 35.00 man - mos 64,052.80 4,483,696.00 16.00 2,049,689.60
5.00 Project superintendent 100% 5.00 35.00 man - mos 44,836.96 7,846,468.00 16.00 3,586,956.80
6.00 Field Engineer (concreting) 100% 4.00 27.40 man - mos 32,026.40 3,510,093.44 16.00 2,049,689.60
7.00 Field Engineer (rebar) 100% 4.00 27.40 man - mos 32,026.40 3,510,093.44 16.00 2,049,689.60
8.00 Field Engineer (formworks) 100% 4.00 27.40 man - mos 32,026.40 3,510,093.44 16.00 2,049,689.60
9.00 Architectural supervisor 100% 1.00 33.00 man - mos 44,836.96 1,479,619.68 16.00 717,391.36
10.00 Field Architect 100% 4.00 33.00 man - mos 32,026.40 4,227,484.80 16.00 2,049,689.60
11.00 Plumbing / Sanitary Engineer 100% 4.00 35.00 man - mos 32,026.40 4,483,696.00 16.00 2,049,689.60
12.00 Electrical Engineer 100% 4.00 35.00 man - mos 32,026.40 4,483,696.00 16.00 2,049,689.60
13.00 Mechanical Engineer 100% 4.00 35.00 man - mos 32,026.40 4,483,696.00 16.00 2,049,689.60
14.00 Documents controller 100% 2.00 35.00 man - mos 19,215.84 1,345,108.80 16.00 614,906.88
Cost Control / Contracts Admin
15.00 Head 75% 1.00 35.00 man - mos 57,647.52 1,513,247.40 16.00 691,770.24
16.00 Quantity Surveyor 100% 4.00 35.00 man - mos 32,026.40 4,483,696.00 16.00 2,049,689.60
17.00 Asst Quantity Surveyor 100% 7.00 35.00 man - mos 25,621.12 6,277,174.40 16.00 2,869,565.44
Technical services
18.00 TSD supervisor 75% 1.00 35.00 man - mos 51,242.24 1,345,108.80 16.00 614,906.88
19.00 Architectural coordinator 100% 2.00 35.00 man - mos 25,621.12 1,793,478.40 16.00 819,875.84
20.00 CAD operator 100% 3.00 35.00 man - mos 21,777.95 2,286,684.96 16.00 1,045,341.70
Planning and scheduling
21.00 Scheduler 75% 1.00 35.00 man - mos 38,431.68 1,008,831.60 16.00 461,180.16
22.00 Assistant Scheduler 100% 1.00 35.00 man - mos 25,621.12 896,739.20 16.00 409,937.92
Administration
22.00 Project Admin Officer 75% 1.00 35.00 man - mos 32,026.40 840,693.00 16.00 384,316.80
23.00 Asst Admin Officer 100% 1.00 35.00 man - mos 23,059.01 807,065.28 16.00 368,944.13
24.00 Technical Assistant 100% 1.00 35.00 man - mos 21,777.95 762,228.32 16.00 348,447.23
25.00 Expediter / messenger / utility 100% 3.00 35.00 man - mos 19,215.84 2,017,663.20 16.00 922,360.32
26.00 Driver 100% 1.00 35.00 man - mos 19,215.84 672,554.40 16.00 307,453.44
27.00 Timekeeper 100% 1.00 35.00 man - mos 19,215.84 672,554.40 16.00 307,453.44
Warehouse
28.00 Warehouse supervisor 75% 2.00 35.00 man - mos 28,183.23 1,479,619.68 16.00 676,397.57
29.00 Warehouse specialist 100% 4.00 35.00 man - mos 23,059.01 3,228,261.12 16.00 1,475,776.51
30.00 Warehouse aid (charge to attendance fee of NSC)
Accounting and finance
31.00 Project controller 75% 1.00 35.00 man - mos 32,026.40 840,693.00 16.00 384,316.80
32.00 Asst project controller 100% 1.00 35.00 man - mos 25,621.12 896,739.20 16.00 409,937.92
Procurement
33.00 Buyer 75% 1.00 35.00 man - mos 32,026.40 840,693.00 16.00 384,316.80
34.00 Assistant Buyer 100% 1.00 35.00 man - mos 25,621.12 896,739.20 16.00 409,937.92
35.00 QS Services 100% 1.00 1.00 lot 55,206,645.13 55,206,645.13
36.00 Benefits, 13th months & Others 100% 1.00 1.00 lot 16,654,662.05 16,654,662.05 0.46 7,613,559.79
2.0 Site office and office equipment (provision, operation and maintenance)
1.00 Site office 100% 1.00 1.00 lot 9,259,121.06 9,259,121.06
Office equipment and supplies
2.00 Computers 100% 47.00 1.00 no. 40,776.46 1,916,493.66
3.00 Printer (colored rental) 100% 2.00 35.00 eqpt - mos 28,595.00 2,001,650.00 16.00 915,040.00
4.00 Photocopy machine / scanner / printer (rental) 100% 4.00 35.00 eqpt - mos 3,431.40 480,396.00 16.00 219,609.60
5.00 Projector 100% 1.00 2.00 no. 58,288.05 116,576.10
6.00 Camera 100% 1.00 3.00 no. 6,082.17 18,246.52
7.00 Clerical table 100% 54.00 1.00 no. 1,835.03 99,091.86
8.00 Clerical chair 100% 62.00 1.00 no. 1,799.60 111,575.24
9.00 Conference table and chair 100% 1.00 3.00 no. 10,923.29 32,769.87
10.00 Filing Cabinets 100% 1.00 6.00 no. 9,150.40 54,902.40
11.00 White board 100% 1.00 10.00 no. 3,431.40 34,314.00
12.00 Aircon ( Window Type ) 100% 1.00 18.00 unit 32,026.40 576,475.20
13.00 Aircon ( Split Type ) 100% 1.00 4.00 unit 44,608.20 178,432.80
14.00 Table Wares 100% 77.00 1.00 lot 3,431.40 264,217.80
15.00 Calculators 100% 16.00 1.00 pcs 1,143.80 18,300.86
16.00 Refrigerator 100% 1.00 1.00 no. 17,843.28 17,843.28
17.00 Flashlight 100% 8.00 1.00 no. 2,075.02 16,600.16
18.00 Consummable office supplies 100% 1.00 35.00 mos 10,453.90 365,886.56 16.00 167,262.43
Ink
Papers
Pens
Others
Softwares
19.00 SAP License 100% 1.00 3.00 no. 215,217.41 645,652.22
20.00 AutoCAD 100% 1.00 22.00 no. 78,395.01 1,724,690.27
21.00 Primavera 100% 1.00 2.00 no. 388,646.77 777,293.54
3.0 Services and utilities (provision, operation and maintenance)
1.00 Electricity (power and light)
2.00 Connection Fees (including Temporary Feeder Line) 100% 1.00 1.00 lot 6,797,174.48 6,797,174.48
3.00 Power Distribution System - provision and maintenance 100% 1.00 36,156.03 sqm 256.21 9,263,580.86
4.00 General lighting system - provision and maintenance 100% 1.00 72,312.07 sqm 128.11 9,263,580.86
5.00 Consumption / Bill 100% 1.00 35.00 mos 1,751,312.50 61,295,937.50 16.00 28,021,000.00
6.00 Generator for standby power
7.00 Fuel for generator
Water
8.00 Connection Fees 100% 1.00 1.00 lot 640,528.00 640,528.00
9.00 Water distribution system (provision and maintenance) 100% 1.00 18,078.02 lot 128.11 2,315,895.21
10.00 Consumption / Bill 100% 1.00 35.00 mos 116,667.60 4,083,366.00 16.00 1,866,681.60
Communication
11.00 Mobile 100% 18.00 35.00 man mos 1,372.56 864,712.80 16.00 395,297.28
12.00 Telephone 100% 3.00 35.00 eqpt-mos 32,026.40 3,362,772.00 16.00 1,537,267.20
13.00 Radio 100% 33.00 1.00 no 20,016.50 660,544.50
14.00 Megaphone 100% 1.00 1.00 no 2,562.11 2,562.11
15.00 Postal (as applicable)
16.00 Security (2 shifts) 100% 6.00 35.00 man - mos 80,066.00 16,813,860.00 16.00 7,686,336.00
Transport
17.00 Service vehicle 100% 1.00 1.00 lot 1,105,551.33 1,105,551.33
18.00 Maintenance service 100% 1.00 35.00 eqpt - mos 5,719.00 200,165.00 16.00 91,504.00
19.00 Fuel 100% 1.00 35.00 eqpt - mos 26,764.92 936,772.20 16.00 428,238.72
20.00 Toll fee (as applicable) 100% 90.00 35.00 month 228.76 720,594.00
4.0 Environment, Health and Safety
Safety personnel
1.00 Safety supervisor 75% 1.00 35.00 man - mos 25,621.12 672,554.40 16.00 307,453.44
2.00 Safety officer 100% 8.00 35.00 man - mos 17,934.78 5,021,739.52 16.00 2,295,652.35
3.00 Safety Crew 100% 10.00 35.00 man - mos 16,653.73 5,828,804.80 16.00 2,664,596.48
Personnel protective equipment
DocuSign Envelope ID: 56B90779-71F5-4254-AC17-05A983989758
B2CA9B1E-0A8D-4FAB-9868-B0F51494E375
3DDD7DEF-7E01-4ADA-B9BE-01C8193047BA
7D73FDCA-1BF4-4382-8A49-D04CBE5A3964
A8D4067B-0898-4241-93A7-C794AB799844

Basement Shared
Original Basement Top-Off : 16 July 2016
Duration of
Item Item Description Number Quantity Unit Unit Rate Total Amount Rev Top Off (based on June 2020 Comp.): 04 Nov 2016
Engagement
Extension Time (in months) : 16

4.00 Vest 100% 1.00 1,800.00 nos 308.83 555,886.80

5.00 Hard hat 100% 1.00 1,800.00 nos 234.48 422,062.20
6.00 Safety shoes 100% 1.00 1,800.00 nos 1,429.75 2,573,550.00
7.00 Safety googles 100% 1.00 1,800.00 nos 36.60 65,882.88
8.00 Hand gloves 100% 1.00 1,800.00 nos 22.88 41,176.80
9.00 Ear plug 100% 1.00 1,800.00 nos 28.60 51,471.00
10.00 Safety harness 100% 1.00 1,800.00 nos 2,116.03 3,808,854.00
11.00 Respirator 100% 1.00 1,800.00 nos 571.90 1,029,420.00
12.00 Welding mask 100% 1.00 10.00 nos 2,287.60 22,876.00
13.00 Safety signage 100% 1.00 500.00 nos 457.52 228,760.00
Fall protection
14.00 Safety canopy 100% 1.00 15,534.00 sqm 571.90 8,883,894.60
15.00 Pedestrian canopy 100% 1.00 2,157.50 sqm 571.90 1,233,874.25
16.00 Motorist canopy 100% 1.00 2,157.50 sqm 1,715.70 3,701,622.75
17.00 Barricades and barriers and toe board 100% 1.00 300.00 lm 228.76 68,628.00
18.00 Protection of holes on floors 100% 1.00 3,400.00 lot 571.90 1,944,460.00
19.00 Lifeline 100% 1.00 200.00 lm 457.52 91,504.00
20.00 Self-retracting lifeline 100% 1.00 60.00 nos 5,147.10 308,826.00
21.00 Scaffolds / worker's platforms / ladder / stairs 100% 1.00 1.00 lot 8,133,447.81 8,133,447.81
Work in confined space
22.00 Supply fan
23.00 Exhaust fan
24.00 Breathing apparatus
Fire prevention
25.00 Fire extinguisher 100% 1.00 408.00 nos 1,372.56 560,004.48
26.00 Refilling of fire extinguisher 100% 1.00 204.00 nos 343.14 70,000.56
27.00 Sand box
28.00 Water reserve
Housekeeping
29.00 Housekeeping crew 100% 16.00 35.00 mos 16,653.73 9,326,087.68 16.00 4,263,354.37
30.00 Cleaning materials 100% 1.00 35.00 mos 2,562.11 89,673.92 16.00 40,993.79
31.00 Construction debris disposal 100% 1.00 3,360.00 trips 960.79 3,228,261.12 64.00 1,061,353.60
32.00 Fumigation 100% 1.00 140.00 nos 1,281.06 179,347.84
33.00 Net 100% 1.00 2,550.00 lm 64.05 163,334.64
Traffic management
34.00 Traffic aide 100% 2.00 27.40 man - mos 16,653.73 912,624.29 16.00 532,919.30
35.00 Traffic signage 100% 1.00 30.00 nos 2,562.11 76,863.36
36.00 Walfare and sanitation facilities
37.00 Drinking water 100% 600.00 1,050.00 man-day 2.56 1,614,130.56 480.00 737,888.26
38.00 Toilet facilities 100% 1.00 8.00 unit 38,431.68 307,453.44
39.00 Lockers 100% 1.00 600.00 unit 256.21 153,726.72
40.00 Mess hall 100% 1.00 100.00 sqm 2,562.11 256,211.20
Emergency occupational health personnel and facitility
41.00 Doctor 100% 1.00 33.00 man-mos 76,863.36 2,536,490.88 16.00 1,229,813.76
42.00 Nurse 100% 1.00 35.00 man-mos 19,215.84 672,554.40 16.00 307,453.44
43.00 Dentist 100% 1.00 30.00 man-mos 44,836.96 1,345,108.80 16.00 717,391.36
44.00 First aid kit and medicines 100% 39.03 1,050.00 man-day 25.62 1,050,000.00 480.00 480,000.00
45.00 Emergency Response Team Equipment 100% 1.00 1.00 lot 571,900.00 571,900.00
46.00 Emergency vehicle
47.00 Benefits, 13th months & Others 100% 1.00 1.00 lot 6,337,627.90 6,337,627.90 0.46 2,897,201.33
5.0 Quality control
1.00 QEHS Head 75% 1.00 35.00 man mos 102,484.48 2,690,217.60 16.00 1,229,813.76
2.00 Materials Engineer 100% 1.00 35.00 man mos 32,026.40 1,120,924.00 16.00 512,422.40
3.00 CQC Engineer/Auditor 100% 8.00 35.00 man mos 32,026.40 8,967,392.00 16.00 4,099,379.20
Testing Fees
4.00 Concrete 9,112.00 nos
5.00 Rebar 100% 1.00 5,771.00 nos 228.76 1,320,173.96
6.00 Benefits, 13th months & Others
Line and grade survey
7.00 Surveying team with instrument 130% 6.00 35.00 mos 171,570.00 46,838,610.00 16.00 21,411,936.00
8.00 Surveyor 2.00
9.00 Instrument man 4.00
10.00 Survey aide 8.00
11.00 Benefits, 13th months & Others 100% 1.00 1.00 lot 11,829,972.25 11,829,972.25 0.46 5,407,987.32
6.0 Equipment and operation
Equipment personnel
1.00 Equipment Supervisor 75% 1.00 35.00 man mos 44,836.96 1,176,970.20 16.00 538,043.52
2.00 Equipment engineer 100% 1.00 35.00 man mos 32,026.40 1,120,924.00 16.00 512,422.40
3.00 Electrician / maintenance 100% 4.00 35.00 man mos 17,934.78 2,510,869.76 16.00 1,147,826.18
Tower crane
4.00 Mobilization and demobilization 100% 7.00 1.00 lot 244,989.15 1,714,924.05
5.00 Foundation 100% 7.00 1.00 lot 1,537,267.20 10,760,870.40
6.00 Rental (operating cost including operator) 100% 7.00 27.40 eqpt - mos 640,528.00 122,853,270.40 16.00 71,739,136.00
7.00 Jacking up 100% 1.00 49.00 nos 51,242.24 2,510,869.76
8.00 Third party inspection (included in the rental cost) included in the rental rate
9.00 Erection and dismantling 100% 7.00 1.00 lot 2,840,101.15 19,880,708.06
10.00 Rigger man 100% 7.00 27.40 mos 17,934.78 3,439,891.57 16.00 2,008,695.81
11.00 Local permits and clearances (erection, operation, others)
12.00 Mobile crane (200hrs/month) 100% 2.00 7.00 mos 678,959.68 9,505,435.52 8.00 10,863,354.88
Mobilization and demobilization (no charge)
Construction elevator 1
13.00 Mobilization and demobilization 100% 2.00 1.00 lot 124,416.16 248,832.32
14.00 Rental (operating cost incl operator) 100% 2.00 33.40 eqpt - mos 153,726.72 10,268,944.90
15.00 Jacking up nos 25,621.12 -
16.00 Erection and Dismantling 100% 4.00 1.00 lot 433,939.66 1,735,758.63
17.00 Third party inspection (included in the rental cost)
18.00 Local permits and clearances (erection, operation, others)
19.00 Gondola 100% 16.00 13.00 months 76,863.36 15,987,578.88
20.00 Dewatering/Submersible pump 100% 4.00 18.00 eqpt - mos 108,889.76 7,840,062.72
Placing Boom 18722940.89
21.00 Mobilization and demobilization 100% 2.00 1.00 lot 380,038.07 760,076.15
22.00 Rental (operating cost incl operator) 100% 2.00 21.00 unit-mos 342,682.48 14,392,664.16
23.00 Air Compressor 100% 8.00 27.40 eqpt - mos 116,576.10 25,553,480.24
24.00 Material loading platform 100% 4.00 7.00 nos 70,458.08 1,972,826.24
25.00 Skidloader 100% 2.00 18.00 eqpt - mos 235,714.30 8,485,714.94 16.00 7,542,857.73
26.00 Dumptruck 100% 4.00 35.00 eqpt - mos 290,159.18 40,622,285.76 16.00 18,570,187.78
27.00 Diesel Mini-Dumptruck (5li/hrx10x30x#mos) 100% 4.00 52,500.00 liters 57.19 12,009,900.00 24,000.00 5,490,240.00
28.00 Stake Truck 100% 4.00 35.00 eqpt - mos 258,773.31 36,228,263.68 16.00 16,561,491.97
29.00 TowerLight 100% 10.00 35.00 eqpt - mos 77,760.10 27,216,034.72 16.00 12,441,615.87
30.00 Genset 300 KVA 100% 7.00 4.00 eqpt - mos 359,720.52 10,072,174.69
31.00 Diesel 300kva (15li/hrx16x30x#mos) 100% 7.00 28,800.00 liters 57.19 11,529,504.00
32.00 Genset 100 KVA 100% 1.00 4.00 eqpt - mos 117,857.15 471,428.61
33.00 Diesel 100kva (9li/hrx200x#mos) 100% 1.00 7,200.00 liters 57.19 411,768.00
34.00 Small tools 100% 1.00 1.00 lot 5,719,000.00 5,719,000.00
35.00 Benefits, 13th months & Others 100% 1.00 1.00 lot 1,354,936.85 1,354,936.85 0.46 619,399.70
7.0 Bonds and insurances
1.00 Advance/Down payment bond
2.00 Performance bond
3.00 Guarantee bond
 B2CA9B1E-0A8D-4FAB-9868-B0F51494E375
3DDD7DEF-7E01-4ADA-B9BE-01C8193047BA
DocuSign Envelope ID: 56B90779-71F5-4254-AC17-05A983989758
7D73FDCA-1BF4-4382-8A49-D04CBE5A3964
A8D4067B-0898-4241-93A7-C794AB799844

Basement Shared
Original Basement Top-Off : 16 July 2016
Duration of
Item Item Description Number Quantity Unit Unit Rate Total Amount Rev Top Off (based on June 2020 Comp.): 04 Nov 2016
Engagement
Extension Time (in months) : 16

4.00 CARI
6.00 Allowance for other Insurances 100% 1.00 1.00 lot 2,287,600.00 2,287,600.00
8.0 Gov't Permits, fees and taxes
1.00 Demolition permit
2.00 Excavation permit
3.00 Building permit
4.00 Occupancy permit
5.00 Construction bond (estate association)
6.00 Road usage (depends on location) / Vehicle pass (for trucks) 100% 1.00 35.00 mos 171,570.00 6,004,950.00 -
7.00 Contractor's City / Municipal Tax 100% 1.00 1.00 lot 82,809,967.70 82,809,967.70
8.00 Allowance for other Permits 100% 1.00 1.00 lot 20,702,491.92 20,702,491.92
9.0 Miscellaneous Expenses
As Built Drawings printing cost only
1.00 Original copy 100% 1.00 300.00 nos 256.21 76,863.36
2.00 Blue print copy 100% 1.00 1,800.00 nos 89.67 161,413.06
3.00 Representation expenses 100% 1.00 35.00 mos 6,862.80 240,198.00 16.00 109,804.80
10.0 Site adaptation
1.00 Staging area 100% 1.00 35.00 months 171,570.00 6,004,950.00 16.00 2,745,120.00
Staff house
2.00 Staff house rental 100% 10.00 35.00 mos 34,314.00 12,009,900.00 16.00 5,490,240.00
3.00 Staff house construction
4.00 Furniture
5.00 Appliances
6.00 Workers quarter provision 100% 1.00 3,000.00 m2 1,281.06 3,843,168.00
7.00 Perimeter fence 100% 1.00 863.00 m2 4,575.20 3,948,397.60
8.00 Warehouse provision 100% 500.00 1.00 lot 457.52 228,760.00
9.00 Guard house 100% 15.00 4.00 lot 11,438.00 686,280.00
10.00 Boom truck for hauling off-site materials

TOTAL AMOUNT: 1,000,000,000.00 292,178,541.89

SBU 292,178,541.89
AMG 42.39% 123,853,587.09
ALO 19.81% 57,872,358.00
AHRC 2.60% 7,596,901.81
SLMG 35.20% 102,855,694.94

Bsmt. Parking
SBU Total Reconciled with PO w/out PO
Sharing Principle
AMG 42% 123,853,587.09 123,853,587.09
ALO 20% 57,872,358.00 57,872,358.00
AHRC 3% 7,596,901.81 7,596,901.81
SLMG 35% 102,855,694.94 53,339,962.42 49,515,732.52

Agreed & Reconciled:

10/19/2020
Mary Jane Mazon Lemuel Jan B. Ansoyon Liezl Niegas Sheryl M. Himoc 10/21/2020
CM - AMG Project Officer CM - ALO Project Officer CM - AHRC Project Director CM - SLMG Project Officer

Part of the 446m reconciled cost for AHRC

10/21/2020
Jonald S. Mendoza Gay Lenn R. Garrison Daniel C. Amparo 10/21/2020
CM - AMG Project Director CM - ALO Project Director CM - SLMG Project Director

10/22/2020
Chito J. Gabriel
SLMG CM Director