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ZI- <br />& <br />c M <br />ER <br />Big C Lumber Corporate <br />50860 Princess Way Granger In 46530 <br />Gemma Stanton <br />Project Engineer <br />South Bend, IN <br />RE: Monreaux Project <br />Dear Gemma, <br />On behalf of Big C Lumber, we would like to thank you for the opportunity to <br />prepare an estimate for the Monreaux Housing Project. <br />Big C Lumber is a 104-year-old, fifth -generation, family -owned company <br />headquartered in Granger. Our history spans more than a century, originating at <br />the site of our current Roseland location. While we are not a 100% minority - <br />owned business, 40% of our company stock is held by the women of the Foley <br />family. <br />Per your request, we have provided one year pricing for this project. As a point of <br />consideration, a shorter pricing hold period could create an opportunity for <br />improved pricing. The current market is at one of its lowest points in recent years, <br />and the potential for upward movement is significantly greater than the likelihood <br />of further decline. We took this into account in preparing our estimate. If the <br />pricing timeframe can be reduced based on a clearer project start date, we would <br />be glad to re-evaluate the estimate for potential cost reductions. <br />Thank you again for the opportunity to participate in this project. We appreciate <br />your consideration and look forward to the possibility of working together. <br />Sincerely, <br />Your friends at Big C Lumber <br />