Page 10 - Barr&Barr_Cost Proposal

8. GENERAL CONDITIONS COSTS

The Contractor shall propose a value for General Condition costs as described in Article
2 of the General Conditions. The Undersigned also encloses herewith a breakdown of the
General Conditions Costs. The Detail General Conditions Table, attached hereto, is a
representative level of detail Cornell expects to see.

$ 3,983,579

9. PERCENTAGE FEE FOR ADDED OR DELETED WORK

Cornell University may, at its option, add or delete work. In such cases, the Guaranteed
Maximum Cost will be increased or decreased by change orders to include the added or deleted
work by increasing or decreasing the Cost of the Work. In addition, the Guaranteed Maximum
Cost would be increased or decreased to include an increase or decrease in the Contractor's Fixed
Fee, to be calculated as described in Article 11 of the General Conditions Maximum Cost
Contracts based on the following percentages:

For the first $1,500,000 of additions or deletions to the Cost of Work. 2.0 %

For additions or deletions to the Cost of Work in excess of $1,500,000. 2.0 %

10. SHARED SAVINGS

The Contractor shall propose a shared savings ration with the Owner. Cornell University
typically expects to see a 90/10 shared savings ratio. If applicable, shared savings will be
calculated at the end of the project.

90/10

11. BUYOUT SAVINGS

The Contractor shall propose a shared savings ration with the Owner.

50/50*

* 50 % of the buyout savings returned to Cornell, 50 % transferred to contingency.

Addendum No. 3 COST PROPOSAL FORM BF-8