December 5, 2018

Ms. Fely Ong

President
ANTEL HOLDINGS Inc.

Dear Ms. Ong

We are pleased to be given the opportunity submit our proposal for DEMOLITION OF EXISTING CANAL and construction
of box culvert situated at Santol Mulawin Sanja Major Tanza Cavite , in the amount of Php Two million three hundred
fourty seven thousand one hundred ninety one pesos and twenty centavos only ( Php 2,347,191.20 ) for the length of
39 linear meters

DETAILED ESTIMATES FOR 39 LINEAR METERS

ITEM WORK
No. DESCRIPTION Unit Qty Unit cost Materials Labor/Equipment Total Cost

1 Mobilization lot 1.00 50,000.00 - 50,000.00

2 Demolition sq.m. 54.60 2,450.00 133,770.00

3 Excavation cbm 58.50 1,975.00 115,537.50

4 Steel Works kilos 7,474.19 45.00 336,338.73 151,352.43 487,691.16

5 Form Works sq.m. 158.34 2,133.22 337,774.01 151,998.31 489,772.32

6 Concrete works cbm 43.76 5,300.00 239,674.21 107,853.39 347,527.60

7 Backfilling cbm 58.50 250.00 15,356.25 6,910.31 22,266.56

8 Demobilization lot 1.00 30,000.00 - 30,000.00

TOTAL DIRECT MATERIAL AND LABOR COST 929,143.20 418,114.44 1,676,565.14

ADD:

Contingency 3% 50,296.95

Contractor's profit 25% 419,141.29

Vat 12% 201,187.82

TOTAL ESTIMATED PROJECT COST FOR 39 METERS ONLY 2,347,191.20

The above mentioned proposal is based on the drawings and specifications with a total length of 39.00 linear meters
provided by your good office. Forty (40) working days will be required to finish the project..

This proposal does not include fees for building permits, clearances and any other governmental requirements.

Hoping that his will merit your kind consideration and approval

We remain,

Mr. RAYMUNDO BLANCO

General Manager