ELEVATOR INSTALLATION CASH FLOW

PROJECT NAME: ROYCE INTEGRATED RESORT

LOCATION: CLARK, PAMPANGA

SCOPE OF WORKS
MAY JUNE JULY AUGUST SEPTEMBER
Preliminaries 30 days
Receipt of Notice to Proceed (NTP) 7 days
PHASE 1 PHASE 1
Receipt of PO and Down Payment 7 days
Process Design and Engineering 7 days
Issuance and Approval of drawing 7 days
PHASE 2
Procurement 120 days
Delivery 35 days
Turn over of Shaf 1 day
PHASE 3
Installation of Mechanical Parts 44 days
Installation of Electrical Parts 17 days
PHASE 4
Testing and Commissioning 24 days
Final Adjustment 5 days
Issuance of Permit to Operate 1 day
Hand Over 1 day
Retention 1 day
 IMPORTATION
EXPENSES

11,219,342.26
EQUIPMENT
IMPORTED

PHP
CASH FLOW PLAN

3,240,000.00
LOCAL PORTION

PHP
14,459,342.26
TOTAL AMOUNT OF
PAYMENT

PHP
LOCAL POR
CASH FLOW IMPORTED EQUIPMENT IMPORTATION EXPENSES Insta

PHASE 1

30% Down Payment of Imported Equipment upon confirmation of order PHP 11,219,342.26
30% Down Payment of Local Portion upon Confirmation of order PHP

PHASE 2

70% Full Payment of Imported equipment PHP 26,178,465.27

100% Payment upon Shipping Confirmation PHP 9,349,450.00

PHASE 3

60% Progress Billing Depending on the actual installation Progress

Month of April Estimated Completion at 54% PHP

Month of May Estimated Completion at 60% PHP
Month of June Estimated Completion at 78% PHP
Month of July Estimated Completion at 90% PHP
PHASE 4

10% Retention upon completion of works and submission of bonds PHP

TOTAL PHP 37,397,807.53 PHP 9,349,450.00 PHP

 SCHEDULE
OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE

PHASE 2

PHASE 3
 Installation and Permits)
LOCAL PORTION (Supplied Materials,

LEGEND
PHP 35,527,915.27 PHP 26,178,465.27 PHP 9,349,450.00

PHP 2,592,000.00 PHP 2,592,000.00

PHP 648,000.00 PHP 648,000.00

P 3,240,000.00 OFF SITE WORKS

ON SITE WORKS

PHASE DURATION

P 2,592,000.00
P 648,000.00
P 1,944,000.00
P 1,296,000.00

P 1,080,000.00

P 10,800,000.00
 JUNE

PHASE 4
JULY

START OF PREVENTIVE MAINTENANCE

 PHP 1,944,000.00 PHP 1,944,000.00

PHP 1,296,000.00 PHP 1,296,000.00

PHP 1,080,000.00 PHP 1,080,000.00

PHP 57,547,257.53
PHP 10,800,000.00
PHP 37,397,807.53
PHP 9,349,450.00
 ESCALATOR INSTALLATION CASH FLOW

PROJECT NAME: ROYCE INTEGRATED RESORT

LOCATION: CLARK, PAMPANGA

SCOPE OF WORKS
MAY JUNE JULY AUGUST SEPTEMBER
Preliminaries 30 days
Receipt of Notice to Proceed (NTP) 7 days
PHASE 1 PHASE 1
Receipt of PO and Down Payment 7 days
Process Design and Engineering 7 days
Issuance and Approval of drawing 7 days
PHASE 2
Procurement 120 days
Delivery 35 days
Turn over of Shaf 1 day
PHASE 3
Installation of Mechanical Parts 39 days
Installation of Electrical Parts 20 days
PHASE 4
Testing and Commissioning 24 days
Final Adjustment 5 days
Issuance of Permit to Operate 1 day
Hand Over 1 day
Retention 1 day
 IMPORTATION
EXPENSES

8,539,753.90
EQUIPMENT
IMPORTED

PHP
CASH FLOW PLAN

1,200,000.00
LOCAL PORTION

PHP
9,739,753.90
TOTAL AMOUNT OF
PAYMENT

PHP
LOCAL POR
CASH FLOW IMPORTED EQUIPMENT IMPORTATION EXPENSES Insta

PHASE 1

30% Down Payment of Imported Equipment upon confirmation of order PHP 8,539,753.90
30% Down Payment of Local Portion upon Confirmation of order PHP

PHASE 2

70% Full Payment of Imported equipment PHP 19,926,092.42

100% Payment upon Shipping Confirmation PHP 7,116,460.00

PHASE 3

60% Progress Billing Depending on the actual installation Progress

Month of April Estimated Completion at 51% PHP

Month of May Estimated Completion at 70% PHP
Month of June Estimated Completion at 75% PHP
Month of July Estimated Completion at 90% PHP
PHASE 4

10% Retention upon completion of works and submission of bonds PHP

TOTAL PHP 28,465,846.32 PHP 7,116,460.00 PHP

 SCHEDULE
OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE

PHASE 2

PHASE 3
 Installation and Permits)
LOCAL PORTION (Supplied Materials,

LEGEND
PHP 27,042,552.42 PHP 19,926,092.42 PHP 7,116,460.00

PHP 840,000.00 PHP 840,000.00

PHP 760,000.00 PHP 760,000.00

P 1,200,000.00 OFF SITE WORKS

ON SITE WORKS

PHASE DURATION

P 840,000.00
P 760,000.00
P 200,000.00
P 600,000.00

P 400,000.00

P 4,000,000.00
 JUNE

PHASE 4
JULY

START OF PREVENTIVE MAINTENANCE

 PHP 200,000.00 PHP 200,000.00

PHP 600,000.00 PHP 600,000.00

PHP 4,000,000.00 PHP 4,000,000.00

PHP 43,182,306.32
PHP 7,600,000.00
PHP 28,465,846.32
PHP 7,116,460.00