QUOTATION FOR EXAMPLE BATHROOM RENOVATION

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QUOTATION FOR EXAMPLE BATHROOM RENOVATION Prepared For: PEGASUS Client 99 Washington St Melrose, MA 02176 Quotation valid for 90 from: 12/21/10 PEGASUS Design-To-Build is pleased to have the opportunity to prepare this quotation for you. We hereby propose to complete repairs and improvements shown below. These figures are within a reasonable range for a project of this nature; however the final construction amount can vary beyond these figures based on client selections, and further evaluation of existing structural and mechanical conditions. The following sections are included as reference for this quotation: Full renovation of existing second floor bathroom Scope of Work - Description of all work to be performed, broken out by job phase Allowance Schedule - List of labor and material labor amounts. These are priced at an average-to-high grade of materials and normal subcontractor labor charges. Pricing Summary - Provides a cost breakdown for the project by category. Final Estimated Amount - $17,104 Submitted by: Geoffrey Shafer PEGASUS Design-To-Build LLC PAGE 1 OF 6

SCOPE OF WORK Phase General Conditions Sitework Framing Description All permitting and inspection fees for the project are included. Project Management: Project manager will be assigned to job Prepare job folder with all plans, details and specifications Daily job status communications Scheduled project walk-through meetings Setup project web site for project scheduling, documents and contacts Job Site Preparation: Dust isolation and temporary walls as required for safety Install temporary doors and zip walls to control job access Protect any finish flooring with rosin paper and hardboard Site will be left broom clean each day A dumpster will be placed on site for the entire project for all debris removal All Demolition for Bathroom: Disconnect bath fixtures and electrical as required for demolition Remove cabinetry and other finish as required Demolish existing bathroom to studs Remove any fixtures / appliances Strip ceiling to strapping Demolish all walls to studs Remove all nails and clean joist bays Remove finish flooring Sweep / vacuum Remove sub floor as required to route new plumbing Interior wall framing for Bathroom: Relocate wall into bedroom to make room for tub Remove and replace sub floor as required for new plumbing Frame partition walls for shower / tub Install all blocking and nailers as required PAGE 2 OF 6

Plumbing Electrical HVAC Insulation Plaster Install toilet: 1.0 Install toilet drain and install new flange Install new supply line (service stop & supply tube in chrome finish) Install toilet Alcove tub Rough in and supply for new alcove tub Tie into existing vent Install Americast 5' tub Install shower valve / diverter Install new vanity sink: 1.0 Rough in waste and supply lines for vanity sink Tie into existing vent Install new sink and faucet Provide all electrical required for project Disconnect and re-work existing wiring as required Owner to provide all decorative fixtures Supply and install Panasonic fan/light combo 1.0 Wire for vanity light 1.0 Install new dedicated 20amp circuit for GFCI 1.0 Supply and install 1.0 5" Juno Recessed Light with White Baffle Vent bathroom fan to exterior, using existing vent if possible 1.0 Existing heat to remain as is All Insulation and air / fire stopping for new construction Insulate around all new doors and windows Install fire stopping rock wool and caulking at all openings/penetrations Sound proofing insulation can be added at owners request Fiberglass batt walls insulation rated at R13-70.0 sf Smooth Plaster Finish: Install 1/2" blue board (GWB) on all walls and ceilings Match existing finishes and patch as required Tape and metal corners for all joints Apply two coat plaster veneer finish PAGE 3 OF 6

Finish Carpentry Cabinetry Tile Paint - Interior Final Cleanup Door and Window casings: 2.0 Install all paint grade door and window casings to match existing Paint grade baseboard casings: 16.0 lf Install all baseboard trim Match existing baseboard as required Schrock Vanity Cabinet 30x21 Vanity cabinet Schrock Seville Thermofoil Cabinet Install cement backerboard for all floors and shower walls Bathroom Floor Tiles: up to 50 sf Install all bathroom floor tiles as selected by owner Latex modified thinset mortar Grout all new tile Shower / tub Surround Tiles: up to 100 sf Install all shower tiles Grout all new tile Caulk junctions at corners and tub Interior Painting: Apply one full coat of primer to all interior walls, ceilings and trims Fill and compound as required Caulk all junctions Apply one full coat of finish paint to walls and trim Allowance for 2 colors (wall and trim) Final job site cleanup: Removal of all materials and waste. Cleaning service as required. PAGE 4 OF 6

ALLOWANCE SCHEDULE Category Description Labor Material Plumbing $2,200 Toilet - New $600 Alcove Tub $1,000 Vanity sink - New $600 Electrical $1,000 Electrical General $275 Bathroom vent / light $250 Vanity / Wall lighting $100 GFCI Outlet $200 Recessed Light - 5" $175 Cabinetry $275 Schrock Vanity Cabinet $275 Tile $1,050 $600 Tile - Bathroom Floor $350 $200 Tile - Shower /Tub Surround $700 $400 Plumbing - Fixtures $1,616 Kohler Archer 5' Bath $520 31 X 22 Swanstone Vanity Top $198 Kohler Devonshire Lavatory Faucet $278 Kohler Devonshire Tub & Shower Faucet $281 Mirabelle Key West Toilet $339 Grand Total $4,250 $2,491 PAGE 5 OF 6

PRICING SUMMARY Job Phase Labor Subcontractor Materials Sub Allow Material Allow Total Permits 373 373 Supervision 792 792 Site Preparation 511 213 724 Demolition 1,136 1,136 Dumpster 746 746 Framing 682 355 1,037 Millwork & Trim 256 190 445 Cabinets 85 391 476 Insulation 383 383 Drywall 1,193 1,193 Floor Coverings Tile 1,491 852 2,343 Painting 426 426 Plumbing 3,124 2,295 5,419 HVAC 85 107 192 Electrical Labor 1,420 1,420 Grand Total 2,411 3,138 1,982 6,035 3,537 17,104 PAGE 6 OF 6