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Mr. Chris Dressel <br />February 10, 2014 <br />Page 3 of 4 <br />COST ESTIMATE <br />We originally estimated the work could be completed for an estimated price of $ 198.720.00. <br />The original budget is summarized below: <br />Task/Item <br />Original Estimated Cost <br />Limited Site Characterization <br />$ 8,826.00 <br />Environmental Bid Specification Preparation <br />$ 26,882.00 <br />Environmental Response Services <br />$ 53,332.00 <br />Project Management <br />$ 109,680.00 <br />TOTAL CONTRACT <br />$ 198,720.00 <br />To address the additional services, the estimated price will require a revision as follows: <br />Task/Item <br />New Estimated <br />Cost <br />Limited Site Characterization <br />$ 8,826.00 <br />Environmental Bid Specification Preparation <br />$ 36,882.00 <br />Environmental Response Services <br />$ 53,332.00 <br />Project Management <br />$ 119,680.00 <br />(new) PCB Cleanup (Sampling/Testing/Bid Spec/EPA Report Prep) <br />$ 49,000.00 <br />TOTAL CONTRACT <br />$ 267,720.00 <br />The additional services would amend the original contact by $ 69,000.00 to a new contract price <br />of $ 267,720.00. The new estimated cost is based on the remainder of the project (including the <br />PCB remediation) being completed within next 12 months. <br />