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CHRIS-TEL CONSTRUCTION, INC.
                                Gasparilla Inn Beach Club Renovation Option

                                                  Concept Budget Estimate

                                                        October 19, 2017
                                                                                            Renovate
                                                                                           Main Dining /  3,920
                                                                                             Serving      AC
                                                Description                                  Budget     S/F Cost
                BUILDING DEMOLITION & RELOCATION                                                 35,000      0.00
                CONCRETE & MASONRY                                                                5,000      1.28
                STRUCT STL, JOIST, DECKING & MISC STEEL                                          10,000      2.55
                CARPENTRY, SIDING, TRIM & INSTALL OF FRAMES/DOORS/HDW                            31,000      7.91
                ARCHITECTURAL CABINETS & TOPS                                                    10,000      2.55
                WATERPROOFING                                                               Not Required     0.00
                BUILDING INSULATION                                                               3,500      0.89
                ROOFING, SHEET METAL & SPECIALTIES                                              153,750     39.22
                CAULKING & SEALANTS                                                               3,500      0.89
                HOLLOW METAL DOORS & FRAMES                                                       1,500      0.38
                WOOD DOORS                                                                        3,000      0.77
                DOOR HARDWARE                                                                     5,000      1.28
                STOREFRONT, CURTAIN WALL, GLASS & GLAZING                                  None Included     0.00
                STUCCO, DRYWALL & METAL FRAMING                                                  20,000      5.10
                FLOORCOVERINGS (TILE, WOOD, CARPET, ETC.)                                        54,000     13.78
                PAINTING & STAINING                                                              52,000     13.27
                SPECIALTIES                                                                       9,500      2.42
                SIGNAGE (BY OWNER)                                                             By Owner      0.00
                WINDOW TREATMENTS                                                              By Owner      0.00
                FIRE SPRINKLERS                                                                   3,500      0.00
                PLUMBING                                                                         30,000      7.65
                HVAC                                                                              7,500      1.91
                ELECTRICAL & SYSTEMS                                                             32,000      8.16
                   SUB TOTAL                                                                    469,750    119.83
                BUILDERS RISK INSURANCE                                                        By Owner      0.00
                GENERAL LIABILITY                                                                 5,545      1.41
                GENERAL CONDITIONS                                                               60,000     15.31
                BUILDING PERMIT COST                                                           By Owner      0.00
                IMPACT FEES & PRIMARY UTIILITY COSTS                                           By Owner      0.00
                CONTINGENCY  (10%)                                                               46,975     11.98
                CMAR FEE 5%                                                                      26,765      6.83
                P & P BOND                                                                        7,070      1.80

                   TOTAL                                                                       $616,105    157.17
                NUMBER REQUIRED                                                                     x1
                   GRAND TOTAL                                                                 $616,105

                COST PER GROSS AREA     *(7,605 SF GROSS AREA)                                             $81.01
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