c BLB CORPORATION

Lot 013 Blk. 5 Opal St. Silver Homes Classic Bo. Mambog, Bacoor Cavite
Contact No.: 09086092037/433-2062, email: blbcorporation@yahoo.com
www.blbcorporation.com

ADDITIONAL WORKS
May 31, 2023

To: Jerome Santero

Engineering Head of Department
I'M Hotel Makati

Project: : I'M HOTEL

7862 Makati Ave, Makati, 1210 Metro Manila

Subject: : COST PROPOSAL FOR THE SUPPLY OF LABOR & MATERIALS FOR THE
WATERPROOFING WORKS & SEALANT REPAIR

Dear Sir,

We are pleased to submit to your good office our offer necessary to undertake the above subject
matter.

Scope of Works:
Sealant Repair works on cracks & gaps
Application of Waterproofing Paint on Exterior Wall

Included:
1. Material & Labor supply for all scope stated above
2. Supervision of Manpower Activities
3. Value Added Tax

Excluded:
1. Supply of Gondola
2. Supply of Weather and Structural Sealant
3. All necessary items that are not specifically mentioned above.
Total Proposed Amount (Vat Included) Php 4,793,272.70
Amount in words: Four Million Seven Hundred Ninety Three Thousand Two Hundred Seventy Two
and & 70/100 Cents only

Terms of Payment:
- 30% Down payment upon approval of Proposal
- 60% Thru Progress Biling
- 10% Retention Shall acquire after 6 months upon release of certificate of completion

Job Schedule:
- 90 Days upon receipt of down payment and or as per agreement

Price Validity:
- Thirty (30) calendar days after the date of submission

We are looking forward on working with you on this project.

Thank you.

Yours Truly Conforme:

BENCIL BALOG
Contractor I'M Hotel Authorized Representative
 BLB CORPORATION
Lot 013 Blk. 5 Opal St. Silver Homes Classic Bo. Mambog, Bacoor Cavite
Contact No.: 09055640748/ (046) 416-2735, email: blbcorporation@yahoo.com

May 31, 2023

Project: : I'M HOTEL
7862 Makati Ave, Makati, 1210 Metro Manila

Subject: : COST PROPOSAL FOR THE SUPPLY OF LABOR & MATERIALS

FOR THE WATERPROOFING WORKS & SEALANT REPAIR
ITEMIZED BREAKDOWN:
ITEM SCOPE OF WORKS HEIGHT WIDTH AREA UNIT UNIT COST AMOUNT
I @ 9TH FLR - 33RD FLOOR GL-3
TOTAL AREA COVERAGE 86.4 2.688 232.24 SQ.M
A Prelims/Permits/Tools & Consumables 232.24 SQ.M 1,281.20 297,550.31
B REMOVAL OF OLD SEALANT 305.52 LM 550.00 168,033.76
C APPLICATION OF NEW SEALANT 305.52 LM 550.00 168,033.76
D PAINTING WATERPROOFING WORKS ON WALL 232.24 SQ.M 550.00 127,733.76
E CLEANING/HANDOVER 305.52 SQ.M 350.00 106,930.58
Subtotal 868,282.17
II @ 34TH FLR ALL ELEVATION
AREA COVERAGE 4.275 138.05 590.16 SQ.M
LESS DOORS AND WINDOWS OPENING 35.06 SQ.M
TOTAL AREA COVERAGE 555.10 SQ.M
A Prelims/Permits/Tools & Consumables 555.10 SQ.M 1,281.20 711,199.69
B REMOVAL OF OLD SEALANT 730.24 LM 550.00 401,631.44
C APPLICATION OF NEW SEALANT 730.24 LM 550.00 401,631.44
D PAINTING WATERPROOFING WORKS ON WALL 555.10 SQ.M 1,550.00 860,410.81
E CLEANING/HANDOVER 730.24 SQ.M 350.00 255,583.64
Subtotal 2,630,457.03
TOTAL DIRECT WORKS 3,498,739.20
Overhead, Contingencies & Profit 874,684.80
12 % VAT 419,848.70
TOTAL 4,793,272.70
Amount in words: Four Million Seven Hundred Ninety Three Thousand Two Hundred Seventy Two and & 70/100 Cents only
Please Note:
  30% Down payment upon approval & Purchase Order has to be issued prior to implementation.
  60% Progress billing, 
  10% retention Shall acquire after 6 months upon release of certificate of completion
  VAT Inclusive
  Necessary working and access permit to be provided to BLB Corp. free of charge.
  Full and clear access must be provided to BLB Corp. during the execution of the above scope.
  Gondola not included
  Exclusions: Any items not specifically mentioned above.