CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT IS NOT MATERIAL AND WOULD LIKELY CAUSE COMPETITIVE HARM TO THE REGISTRANT IF PUBLICLY DISCLOSED. [***] INDICATES THAT INFORMATION HAS BEEN REDACTED. |
PROJECT NAME: Driftwood LNG Phase 1 OWNER: Driftwood LNG LLC CONTRACTOR: Bechtel Oil, Gas and Chemicals, Inc. DATE OF AGREEMENT: 10 November 2017 | CHANGE ORDER NUMBER: CO-005 DATE OF CHANGE ORDER: December 13, 2019 |
I. | SCHEDULE REDUCTION |
Notice to Proceed | Day Zero |
Project 1 Ready for Start Up | [***] Days following Owner’s issuance of Notice to Proceed |
Project 1Target Substantial Completion Date | [***] Days from Owner’s issuance of Notice to Proceed |
Project 1 Guaranteed Substantial Completion Date | [***] Days from Owner’s issuance of Notice to Proceed |
Project 2 Ready for Start Up | [***] Days following Owner’s issuance of Notice to Proceed |
Project 2 Target Substantial Completion Date | [***] Days from Owner’s issuance of Notice to Proceed |
Project 2 Guaranteed Substantial Completion Date | [***] Days from Owner’s issuance of Notice to Proceed |
Phase 1 Final Completion | [***] Days after Project 2 Guaranteed Substantial Completion Date |
Adjustment to Contract Price | ||
The original Contract Price was | USD 7,240,314,232 | EUR 375,344,119 |
Net change by previously authorized Change Orders | USD 159,940,740 | EUR 0 |
The Contract Price prior to this Change Order was | USD 7,400,254,972 | EUR 375,344,119 |
The Contract Price will be (increased) (decreased) (unchanged) | ||
by this Change Order in the amount of | USD 0 | EUR 0 |
The new Contract Price including this Change Order will be | USD 7,400,254,972 | EUR 375,344,119 |
The Aggregate Provisional Sum prior to this Change Order was | USD 502,857,704 | EUR 0 |
The Aggregate Provisional Sum will be unchanged | ||
by this Change Order in the amount of | USD 0 | EUR 0 |
The new Aggregate Provisional Sum | ||
including this Change Order will be | USD 502,857,704 | EUR 0 |
/s/ [***] | /s/ [***] | |
Owner | Contractor | |
[***] | [***] | |
Name | Name | |
[***] | [***] | |
Title | Title | |
17 Dec 2019 | 13 Dec 2019 | |
Date of Signing | Date of Signing |