PROJECT NAME: Sabine Pass LNG Liquefaction Facility OWNER: Sabine Pass Liquefaction, LLC CONTRACTOR: Bechtel Oil, Gas and Chemicals, Inc. DATE OF AGREEMENT: November 11, 2011 | CHANGE ORDER NUMBER: CO-00059 DATE OF CHANGE ORDER: May 18, 2017 |
1. | The previous value of the Insurance Provisional Sum incorporated into the Agreement in Change Order C0-00021, dated April 17, 2013, was U.S. $107,733,368. Parties now agree to close this Provisional Sum. Actual Cost for Stage 1 Insurance was $115,171,041. The contract price will be increased by $7,437,673 which reflects the closure of the provisional sum. |
2. | The Provisional Sum breakdown is described as follows: |
a. | The previous Insurance Provisional Sum in Article 1.3 of Attachment EE, Schedule EE-1, of the Agreement was One Hundred Seven Million, Seven Hundred Thirty-Three Thousand, Three Hundred Sixty-Eight U.S. Dollars (U.S. $107,733,368). This Change Order will reduce of the Insurance Provisional Sum by (U.S. $107,733,368) and the value will be $0. |
b. | The Parties agree to adjust the Aggregate Provisional Sum specified in Article 7.1A of the Agreement which prior to this Change Order was One Hundred Seven Million, Seven Hundred Thirty-Three Thousand, Three Hundred Sixty-Eight U.S. Dollars (U.S.$107,733,368). This Change Order will decrease the Aggregate Provisional Sum amount by One Hundred Seven Million, Seven Hundred Thirty-Three Thousand, Three Hundred Sixty-Eight U.S. Dollars (U.S. $107,733,368) and the new Aggregate Provisional Sum value shall be Zero U.S. Dollars (U.S. $0). |
3. | Schedule C-1 (Milestone Payment Schedule) of Attachment C of the Agreement will be amended by including the milestone(s) listed in Exhibit A of this Change Order. |
The original Contract Price was | $ | 3,900,000,000 | |
Net change by previously authorized Change Orders (#0001-00058) | $ | 208,972,549 | |
The Contract Price prior to this Change Order was | $ | 4,108,972,549 | |
The Contract Price will be increased by this Change Order in the amount of | $ | 7,437,673 | |
The new Contract Price including this Change Order will be | $ | 4,116,410,222 |
/s/ Ed Lehotsky | /s/ Bhupesh Thakkar | |
Owner | Contractor | |
Ed Lehotsky | Bhupesh Thakkar | |
Name | Name | |
SVP LNG E&C | Senior Project Manager | |
Title | Title | |
August 9, 2017 | May 18, 2017 | |
Date of Signing | Date of Signing |