PT.

Organik RDF Pratama

Rukan Exclusive Blok G No. 35 Bukit Golf Mediterania Pantai Indah Kapuk,
Jakarta Utara 14470 Indonesia
Tlp. (021) 55965958, +6281211065269

Project Summary:
1. Project Name: Waste to RDF Facility in Jalupang Landfill Karawang
2. Owner: PT. Organik RDF Pratama (as a subsidiary company of Organics Group
British)
3. Indonesia Infrastructure Finance has expressed interest to finance 70%, based onthe
following information and the financial model. Once the Joint Development
Agreement with the government and followed by the Sales Agreement with the off-
takers have been signed, the financing will be made available in about 3 months. The
financial model is based on utilising debt of 70% sourced in Indonesia. The remaining
will be in the form of equity provided by Organics. The project IRR is 20.3% and the
equity IRR is 26.4. Therefore, it is commercially viable for Organicsto put up the
equity; as opposed to rate of appreciation and bank interests.
4. The key items for the capital expenditure for the project are shown in the table
below.
UNIT PRICE
NO DESCRIPTION QTY UNIT
( US$ )
1 Cut & Fill 1 lot 1,561,392
2 Flat Floor Factory 1 lot 581,341
3 Acses Road 1 lot 579,978
4 Pilling 1 lot 195,444
5 Stone Foundation 1 lot 293,505
6 Tie Beam 1 lot 315,848
7 Panel Fence Precast h.3 mtr 1 lot 215,104
8 Wire Barbed 1 lot 24,062
9 U Ditch Precast 1 lot 251,637
10 Cansteen 1 lot 47,342
11 Brick Wall 1 lot 97,239
12 Steel Structure 1 lot 1,818,075
13 Weighbridge 70 ton 1 lot 41,958
14 Hydrant & Water Supply 1 lot 255,623
15 Water Tank Caps. 120 KL & Deep Well 1 lot 203,112
16 Water Treatment Plant 1 lot 133,644
17 Office, Control Room, Technical Room 1 lot 51,764
18 Electrical & Light 1 lot 331,172
19 Direksi Keet, Office & Facility 1 lot 11,076
20 Temporary Fence Site 1 lot 31,067
21 Peparation & coordinatin 1 lot 71,108
TOTAL US$ 7,111,491
 PT. Organik RDF Pratama
Rukan Exclusive Blok G No. 35 Bukit Golf Mediterania Pantai Indah Kapuk,
Jakarta Utara 14470 Indonesia
Tlp. (021) 55965958, +6281211065269

Key items to focus on reducing price are the trommels, shredders and the civil works. All
have been costed conservatively. Potential for cost overrun is reduced because the
construction period is just 1 year. This reduces the risk of cost increases due to inflation.
Note:
4% inflation should be added as the price of building raw material is unstable.

5. How to pay for work

Payment system with details as follows:
a) Payment to 1 (one) DP 20% of the Contract Value or 20% x US $ 1,422,299.00 (one
million four hundred twenty two thousand two hundred and ninety nine United
States Dollars)
b) Payment for the 2nd (two) and so on progress per 25% guaranteed standing
instruction (SI) which is disbursed in stages for each 25% progress
c) The First Party will retain to the second party 5% of the Contract value or US $
355,575.00 (three hundred and fifty five thousand five hundred and seventy five
United StatesDollars)
d) The maintenance period is 100 (one hundred) calendar days.
e) Implementation of payment by the First Party to the Second Party is carried out no
later than 14 (fourteen) working days after the Second Party submits the Invoice to
the First Party.
f) In terms of the mechanism for submitting payments to the First Party, the Second
Party is required to attach data on work progress taking both Quantity and Quality
complete with Progress Pictures and others.

PT. ORGANIK RDF PRATAMA

ASEP NUGRAHA
DIRECTOR