Commercial Building Valuation Report

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1 INSURED University of Houston - Victoria Effective Date: Expiration Date: Cost as of: 09/2010 BUILDING University Center Location Adjustments Climatic Region: High Wind Region: Seismic Zone: 1 - Warm 2 - Moderate Damage 0 - No Damage 1 Occupancy: 50% Classroom (University) Story Height: 15 ft. 50% Administration Building (University or Trade School) 15 ft. Construction Type: 100% Masonry Non-Combustible (ISO 4) Number of Stories: 3 Gross Floor Area: 57,250 sq. ft. Irregular Adjustment: Irregular Construction Quality: Superior - Year Built: 2000 Adjustments Hillside Construction: Degree of Slope: Level Site Accessibility: Excellent Site Position: Unknown Soil Condition: Excellent Fees Architect Fees: 7% is included Profit and Overhead: 20% is included SUMMARY OF COSTS Reconstruction Site Preparation 3,791 Foundations 156,109 Foundation Walls, Interior Foundations, Slab On Ground Exterior 2,706,304 Framing, Exterior Wall, Structural Floor, Roof Interior 2,042,318 Floor Finish, Ceiling Finish, Partitions Page 1

2 Mechanicals 2,730,827 Heating, Cooling, Fire Protection, Plumbing, Electrical, Elevators Built-ins 764,868 SUBSTRUCTURE TOTAL RC 1 $8,404,217 TOTAL RC BUILDING University Center $8,404,217 Page 2

3 BUILDING 2 University West Location Adjustments Climatic Region: High Wind Region: Seismic Zone: 1 - Warm 2 - Moderate Damage 0 - No Damage 1 Occupancy: 100% Classroom (University) Story Height: 15 ft. Construction Type: 100% Masonry Non-Combustible (ISO 4) Number of Stories: 2 Gross Floor Area: 79,650 sq. ft. Irregular Adjustment: None Construction Quality: 2 - Average Year Built: 1992 Adjustments Hillside Construction: Degree of Slope: Level Site Accessibility: Excellent Site Position: Unknown Soil Condition: Excellent Fees Architect Fees: 7% is included Profit and Overhead: 20% is included SUMMARY OF COSTS Reconstruction Site Preparation 6,893 Foundations 278,805 Foundation Walls, Interior Foundations, Slab On Ground Exterior 2,927,992 Framing, Exterior Wall, Structural Floor, Roof Interior 2,393,716 Floor Finish, Ceiling Finish, Partitions Mechanicals 3,703,202 Heating, Cooling, Fire Protection, Plumbing, Electrical, Elevators Built-ins 1,224,703 SUBSTRUCTURE TOTAL RC 1 $10,535,311 Page 3

4 TOTAL RC BUILDING2 University West $10,535,311 Reconstruction sq. ft. VALUATION GRAND TOTAL $18,939, ,900 $ Page 4

5 INSURED University of Houston - Victoria Effective Date: Expiration Date Cost as of: 09/2010 BUILDING1 : Reconstruction sq. ft. $/sq. ft. Section 50% Classroom (University) $8,404,217 57,250 $ % Administration Building (University or Trade School) BUILDING1 : SUBSTRUCTURE Reconstruction sq. ft. $/sq. ft. $0 0 $0.00 Section Totals Reconstruction sq. ft. $/sq. ft. 50% Classroom (University) $8,404,217 57,250 $ % Administration Building (University or Trade School) BUILDING 1 TOTAL, University Center $8,404,217 57,250 $ BUILDING1 INSURANCE SUMMARY 100% Co-insurance Requirement $8,404,217 BUILDING2 : Reconstruction sq. ft. $/sq. ft. Section 100% Classroom (University) $10,535,311 79,650 $ BUILDING2 : SUBSTRUCTURE Reconstruction sq. ft. $/sq. ft. $0 0 $0.00 Section Totals Reconstruction sq. ft. $/sq. ft. 100% Classroom (University) $10,535,311 79,650 $ Page 5

6 BUILDING 2 TOTAL, University West $10,535,311 79,650 $ BUILDING2 INSURANCE SUMMARY 100% Co-insurance Requirement $10,535,311 VALUATION GRAND TOTAL $18,939, ,900 $ Page 6

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