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Subject:

Sir:
A. SCOPE OF WORKS

1.0 Drilling


2.0 Installation of steel pipes


3.0 Pressure Grouting


4.0 Check hole


5.0 COST OF DRILLING GROUTING AND MODE OF PAYMENT

A. Drilling ( Non-coring) Php 2,370,500.00
B. Stand Pipes Php 355,000.00
C. Checkholes (Core Drilling) Php 662,600.00
D. Pressure Grouting Php 1,968,500.00
E. Water Pressure Test Php 460,000.00
___________
TOTAL Php 5,816,600.00
VAT (12%) Php 697,992.00

GRAND TOTAL: Php 6,514,592.00

5.1 Mode of Payment

30% - Down Payment of the total cost upon receipt of NTP
60% - Progress Billing
10% - Balance Upon submittal of the performance evaluation report

6.0 TIME TABLE





Barring unforeseen events, we shall complete the works for ONE HUNDRED
SEVENTY FIVE (175) working days commencing upon mobilization and site up
drilling machines at the site.

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