29-19 39th Avenue | Long Island City | NY 10101

(212) 664-7600 | www.CPLgroupUSA.com

A Subsidiary of CPL Group USA

February 1, 2018
LeFrak Property Management
111 Town Square Place, 3rd Floor

Jersey City, NJ 07310

Attn: Karen Scalogna, Senior Director

Re: Load Review Services - Building-Wide Meters at 111 Town Square

CPL USA ref. no. 5438
Karen,
It is our understanding that LeFrak intends to audit power consumption details for each of its tenants located at
the above referenced site. Specifically, for each of the following three power categories – Base Building, UPS
and Generator - LeFrak would like to confirm whether the actual load consumed by each of its tenants is in
compliance with lease documentation.

As discussed, CPL continues to retrieve KWH meter data for billing purposes but can obtain and review KW
data, the data that would be required to LeFrak for this purpose, and re-format said data for submittal. Our
scope would be as follows:
 Review 12 months of KW data for each of the meters and tenants listed on LeFrak’s recently supplied
spreadsheet documentation.
 Insert highest KW value recorded by each meter.
 Compare and contrast meter KW values to spreadsheet documentations provided by LeFrak.
 Highlight discrepancies
 Compare and contrast meters provided through Lefrak’s spreadsheet to CPL’s billable meters, to ensure all
meters are being monitored.
 Re-format LeFrak’s spreadsheet documentation so that each month new meter KW data can be updated /
re- populated with most current data (for trending purposes).

We anticipate that the scope of work detailed above will be performed one time and will not exceed 12 hours,
or $1,596

As an alternate, and if so desired for ongoing trending purposes, CPL can provide monthly spreadsheet updates
containing new / re-populated KW values. Our fee for this service would not exceed 2 hours a month, or $266.

Lastly, and as requested, CPL can also review tenant leases as needed at the rate stipulated in the Master
Agreement of $150 per lease

We thank you for this opportunity and look forward to working with you on this project.

Respectfully,
Davide Gristina
COO, CPL USA

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