EXHIBIT 10.15
SCHEDULE
D-2
UNILATERAL CHANGE ORDER
FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-001
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: January 18, 2005
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OWNER: Sabine Pass LNG, L.P.
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Increase
Sendout Pressure to 1440 PSIG
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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You are hereby directed to make the following
additions or modifications to, or deductions from, the
Work: (attach
additional documentation if necessary)
Increase sendout pressure of the
Natural Gas as measured at the back-pressure control valve located
just upstream of the Master Meter from 1250 psig to 1440 psig.
Piping from outlet of the high pressure sendout pumps through to
and including the last flange of the LNG terminal shall be ANSI
Class 900 lb. Temperature of sendout gas and all other requirements
of the Minimum Acceptance Criteria and the Performance Guarantees
as specified in Attachment S and Attachment T of the Agreement
shall be remain the same.
Contractor shall proceed with design
solely on the basis of a 1440 psig sendout pressure and prepare the
required documentation, including a completed Schedule D-3 in
accordance with Article 6.1A of the Agreement.
Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in
Section 6.1C and 6.2D of the Agreement.
Contractor shall commence with the
performance of the change(s) described above on January 18,
2005.
This Change Order is signed by
Owner’s duly authorized representative.
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/s/ Ed
Lehotsky
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Owner Representative
Ed Lehotsky
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January18, 2005
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Date of signing
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SCHEDULE
D-1
CHANGE ORDER FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-002
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: February 7,
2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties listed above
is changed as follows:
Adjustment to Contract
Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders (#
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$
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0
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The Contract Price prior to this Change Order
was
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$
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646,936,000
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The Contract Price will be increased by
this Change Order in the amount of
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$
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1,500,000
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The new Contract Price including this Change
Order will be
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$
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648,436,000
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Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged.
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP
The Guaranteed Substantial
Completion Date will be unchanged.
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP
Adjustment to other Changed
Criteria: The Tank Subcontract will be awarded to
MHI/MSI
Adjustment to Milestone Payment
Schedule, Schedule C-1:
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•
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Milestone
Number 2.02, LNG Tank Subcontract Awarded, will be increased by
$1,500,000 from $3,234,680 to $4,734,680. The entire $1,500,000
increase will be provided as an increased payment to the LNG Tank
Subcontractor MHI/MSI
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•
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Milestone
Number 4.03, “LNG Tank test piling started,” will be
decreased by $350,000 from $3,234,680 to $2,784,680 to offset the
payment to MHI/MSI for LNTP, as described in the Adjustment
to Payment Schedule, Schedule C-2 below
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Adjustment to Monthly Payment
Schedule, Schedule C-2:
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•
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Payment for
Month #2, Feb-05, will be increased by $350,000 from $2,005,502 to
$2,355,502. The entire $350,000 increase will be provided as a
payment for Limited Notice to Proceed to the LNG Tank Subcontractor
MHI/MSI
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Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
MHI/MSI shall be awarded the Tank
Subcontract
This Change Order shall
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and shall be deemed to compensate Contractor
fully for such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the Parties,
duly authorized representatives.
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/s/ Charif
Souki
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/s/ C. Asok
Kumar
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* Charif Souki
Chairman
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Contractor
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C. Asok
Kumar
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Name
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Project Director
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Title
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February 7,
2005
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Date of
Signing
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Date of Signing
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/s/ Keith Meyer
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* Keith Meyer
President
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February 7, 2005
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Date of
Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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February 7, 2005
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Date of
Signing
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*
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Required Owner
signature
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SCHEDULE
D-2
UNILATERAL CHANGE ORDER
FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-003
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: January 25, 2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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You are hereby directed to make the following
additions or modifications to, or deductions from, the
Work
Contractor shall delete the High
Pressure Compressor from its scope (included in the reimbursable
scope) and instead install only the tie-ins and space necessary for
a “Future” diesel driven compressor. All other
requirements of the Agreement shall remain the same.
Discussions with FERC indicate that
they feel a High Pressure Sendout Compressor is required in case
the LNG Tanks are de-inventoried in order to “mothball”
the LNG Terminal. Since this is a very remote possibility, and
since venting of this gas is neither a safety nor environmental
concern, Owner will present formal arguments to FERC to delete this
requirement. Failing this, Owner will propose to FERC that only
connections and space are provided for this compressor. If the
Terminal is mothballed, Owner will purchase or rent a portable
compressor(s), heater, and other equipment, install it, and
accomplish the required transfer to the pipeline.
Contractor shall proceed with design
as described above and prepare the required documentation,
including a completed Schedule D-3 in accordance with Article 6.1A
of the Agreement.
Contractor shall commence with the
performance of the change(s) described above on January 25,
2005.
This Change Order is signed by
Owner’s duly authorized representatives.
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/s/ Charif
Souki
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/s/ Keith Meyer
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* Charif Souki
Chairman
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* Keith Meyer
President
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February 11, 2005
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February 9,
2005
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Date of
Signing
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Date of Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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January 25, 2005
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Date of
Signing
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*
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Required Owner
signature
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SCHEDULE E-1
CHANGE ORDER FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-004
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Storage and Regasification
Termina100l
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DATE OF
CHANGE ORDER: 03/22/2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties
listed above is changed as follows: Approval of Change Orders via Schedule D-1 and
D-2 (Rev. 1) of the EPC Agreement will require the signatures of
both Messrs. Charif Souki and Keith Meyer, in addition to
the designated Owner Representative, Ed Lehotsky. This requirement
will not apply to any other correspondence under the EPC
Agreement.
A revised copy of Schedules D-1 and
D-2 is attached reflecting the above change.
Adjustment to Contract Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders (#SP/BE-002)
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$
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1,500,000
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The Contract Price prior to this Change Order
was
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$
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648,436,000
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The Contract Price will be unchanged by this
Change Order in the amount of
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$
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0
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The new Contract Price including this Change
Order will be
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$
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648,436,000
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Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged.
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged.
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: None
Adjustment to Payment Schedule:
None
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
N/A
1
This Change Order shall constitute a full
and final settlement and accord and satisfaction of all effects of
the change as described in this Change Order upon the Changed
Criteria and shall be deemed to compensate Contractor fully for
such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
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/s/ Charif
Souki
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/s/ C. Asok
Kumar
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* Charif Souki
Chairman
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Contractor
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C. Asok
Kumar
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Name
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Project Director
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Title
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March 31, 2005
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Date of
Signing
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Date of Signing
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/s/ Keith Meyer
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* Keith Meyer
President
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March 29, 2005
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Date of
Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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Date of
Signing
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*
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Required Owner
signature
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2
SCHEDULE D-1
CHANGE ORDER FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-005
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: 3/23/2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties listed above
is changed as follows:
On March 14, 2005, Owner
requested Contractor to delay placement of the following insurance
coverages required under Section 7.1.B, Section 9.1 and
Attachment O in the EPC Agreement as part of its effort to
reduce the Actual Insurance Costs: the insurance coverages required
under Section 1A.5, 1A.6, 1A.7, 1A.8, 1A.11, 1A.12 and 1A.14
of Attachment O; the increase in the coverage under
Section 1A.4 of Attachment O from minimum limits of
U.S.$10,000,000 to U.S.$100,000,000 each occurrence and aggregate;
and certain insurance coverages specified in Section 1A.9 and
1A.10 of Attachment O , as specified in greater detail
below.
In accordance with Attachment
O , Section 1.B, Contractor shall procure the coverages
specified in Sections 1A.4 (having the minimum limits of U.S.
$100,000,000 for each occurrence and aggregate), 1A.5, 1A.6, 1A.7,
1A.8, 1A.11, 1A.12 and 1A.14 of Attachment O no later than
June 3, 2005.
In accordance with Attachment
O , Section 1.B, Contractor shall procure a portion of the
coverages required under Sections 1A.9 and 1A.10 of Attachment
O no later than NTP or as soon as reasonably possible
thereafter. The Parties agree that the portion of insurance under
Section 1A.9 and 1A.10 which is required to be procured by NTP
or as soon as reasonably possible thereafter is specified in the
attached term sheet. The difference in coverages between
(a) the coverages specified in Section 1A.9 and 1A.10 of
Attachment O and (b) the coverages specified in the
attached term sheet shall be procured by Contractor no later than
June 3, 2005. The terms and coverages specified in the
attached term sheet are only approved for the purpose of
determining the coverages required to be provided up to
June 3, 2005.
Contractor’s obligation to
notify and document the Actual Insurance Cost in Section 7.1.B
of the Agreement shall be extended to June 3, 2005.
Owner understands that there is the
potential that as a result of delayed purchase of those Project
Insurances specified above that: 1) the final costs for the Project
Insurances may increase beyond what would be obtainable at NTP, and
2) certain coverages required in the Project Insurances may become
unavailable due to changes in the insurance market. The cost of the
Project Insurances payable by Owner to Contractor shall be as
provided under Section 7.1B.
Adjustment to Contract Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders (#SP/BE-002)
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$
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1,500,000
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The Contract Price prior to this Change Order
was
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$
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648,436,000
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The Contract Price will be changed by this
Change Order in the amount of
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0
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The new Contract Price including this Change
Order will be
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$
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648,436,000
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Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
1
The Target Bonus Date will be
unchanged .
The Guaranteed Substantial
Completion Date will be unchanged
Adjustment to other Changed
Criteria: N/A
Adjustment to Payment Schedule:
None
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
None
This Change Order shall not
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and therefore shall not be deemed to
compensate Contractor fully for such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
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/s/ Charif
Souki
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/s/ C. Asok
Kumar
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* Charif Souki
Chairman
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Contractor
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C. Asok
Kumar
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Name
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Project Director
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Title
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March 30, 2005
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Date of
Signing
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Date of Signing
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/s/ Keith Meyer
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* Keith Meyer
President
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March 29, 2005
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Date of
Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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March 29, 2005
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Date of
Signing
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*
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Required Owner
signature
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2
SCHEDULE
D-1
CHANGE ORDER FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-006
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: April 18,
2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties listed above
is changed as follows:
Attachment EE of the Agreement is
replaced by the attached Attachment EE, Rev 1. All references in
the Agreement to Attachment EE shall be understood to refer to
Attachment EE, Rev 1.
Adjustment to Contract
Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders (#SP/BE-002)
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$
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1,500,000
|
|
The Contract Price prior to this Change Order
was
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$
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648,436,000
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The Contract Price will be unchanged by this
Change Order
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$
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0
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The new Contract Price including this Change
Order will be
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$
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648,436,000
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Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged .
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP
The Guaranteed Substantial
Completion Date will be unchanged .
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP
Adjustment to other Changed
Criteria: None
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
1
Other adjustments to liability or
obligation of Contractor or Owner under the
Agreement:
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1.
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In addition to
the due Monthly Payments, Milestone Payments, and Reimbursable
Costs described in the Agreement, Contractor shall invoice the
applicable Tank Subcontract Materials Adjustment in the Month
immediately following the Month in which the materials are received
(ex-mill or ex-works) by the Tank Subcontractor, and Owner shall
make payment to Contractor in accordance with Section 7.2E of
the Agreement.
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2.
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To provide
clarification, Owner and Contractor have jointly performed the
sample calculations shown in Table 1 below using the formulas set
forth in Sections 3.2 through 3.9 of Attachment EE Rev 1. The total
and component amounts shown in Table 1 are the cost reimbursable
material escalation amounts that would be due and payable to
Contractor for the period from January 2004 through October 2004,
subject to shipment of all affected materials. October 2004 was
selected since the LNG Tank Subcontractor had initially updated its
proposal to the Contractor as of that date. This escalation amount
is not currently included in the Contract Price from
Contractor to Owner.
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Table I, Sample Calculation
through October 2004
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Oct 04
Index
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Oct 04
Escalation
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3.2
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9% Ni Steel
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13440
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4,739,797.00
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3.3
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Rebar & Anchors
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520
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245,313.40
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3.4
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Tank Stainless Steel
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3480
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205,097.28
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3.5
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Aluminum
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137
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310,857.79
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3.6
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Carbon Steel
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744
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8,368,940.93
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3.7
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Structural Steel
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574
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2,582,096.83
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3.8
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Piping & Valves
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3480
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1,262,923.94
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Total Escalation to October
2004
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$17,715,027.17
|
Owner, Contractor, and the Tank
Subcontractor have also jointly developed a package, as per
Contractor letter to Owner dated March 17, 2005, which
provides supporting details and adequately documents the formulas
for the Tank Subcontract Materials Adjustments shown in Attachment
EE, Rev. 1. Contractor will confirm quantities provided by Tank
Subcontractor for rebar by September 2005 and will confirm
remaining quantities provided by Tank Subcontractor for structural
steel by December 2005. All other quantities have been provided to
Owner.
2
Attachment EE Rev 1 and the Change
Order will prevail should any inconsistency occur between
Contractor letter of March 17, 2005, and Attachment EE Rev 1
and the Change Order.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
|
|
|
|
|
|
|
|
|
|
|
/s/ Charif
Souki
|
|
|
|
/s/ C. Asok
Kumar
|
|
* Charif Souki
Chairman
|
|
|
|
Contractor
|
|
|
|
|
|
C. Asok
Kumar
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
Project Director
|
|
|
|
|
|
Title
|
|
|
|
|
|
|
|
|
|
April 26, 2005
|
|
Date of
Signing
|
|
|
|
Date of Signing
|
|
|
|
|
|
/s/ Keith Meyer
|
|
|
|
|
|
* Keith Meyer
President
|
|
|
|
|
|
|
|
|
|
April 21, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Ed Lehotsky
|
|
|
|
|
|
* Ed Lehotsky
Owner Representative
|
|
|
|
|
|
|
|
|
|
April 20, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
*
|
Required Owner
signature
|
3
SCHEDULE
D-l
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-007
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
DATE OF
CHANGE ORDER: June 2,
2005
|
|
|
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
|
|
CONTRACTOR: Bechtel Corporation
|
|
|
|
|
|
|
DATE OF AGREEMENT: December 18, 2004
|
|
|
The Agreement between the Parties
listed above is changed as follows:
|
|
1.
|
Refer to
Article 7.1.B, “Insurance Allowance,” and incorporate
the following “Actual Insurance Cost:”
|
|
|
|
|
|
|
Builders Risk
|
|
|
|
|
- Base Policy
|
|
$
|
5,330,000
|
|
- Base DSU Policy
|
|
$
|
2,474,594
|
|
-Wind/Flood DSU Deductible
|
|
$
|
247,593
|
|
- Excess Wind/Flood
|
|
$
|
1,900,000
|
|
- Excess Wind/Flood Taxes
|
|
$
|
69,975
|
|
|
|
|
|
|
|
|
$
|
10,022,162
|
|
|
|
|
Marine Cargo
|
|
|
|
|
- Hard Cost Premium
|
|
$
|
150,000
|
|
- DSU Premium
|
|
$
|
735,708
|
|
|
|
|
|
|
|
|
$
|
885,708
|
|
|
|
|
General Liability (Owner Share)
|
|
|
|
|
- Named Insured
|
|
$
|
580,740
|
|
- Pollution Legal Liability
|
|
$
|
177,443
|
|
|
|
|
|
|
|
|
$
|
758,183
|
|
|
|
|
Marine General Liability
|
|
$
|
425,000
|
|
|
|
|
Total “Actual Insurance
Cost”
|
|
$
|
12,091,053
|
|
|
2.
|
Refer to
Article 7.1.B, “Insurance Allowance,” and the above
“Actual Insurance Cost,” and increase the Contract
Price by the difference as follows:
|
|
|
|
|
|
|
“Actual Insurance Cost”
|
|
$
|
12,091,053
|
|
“Insurance Allowance”
|
|
$
|
5,600,000
|
|
|
|
|
|
|
|
|
$
|
6,491,053
|
Page 1 of 3
|
|
3.
|
Refer to
Article 7.1.B, “Insurance Allowance,” and Article
9.1.A, “Provision of Insurance,” and incorporate
Attachment O, Revision 1, which is made a part of this Change Order
by attachment. All references in the Agreement to Attachment O
shall be understood to refer to Attachment O, Revision
1.
|
|
|
4.
|
Refer to
Article 7.1.B, “Insurance Allowance,” and in the fourth
line delete the words, “charterer legal liability” and
replace with “marine general liability.”
|
Adjustment to Contract Price
|
|
|
|
|
|
The original Contract Price was
|
|
$
|
646,936,000
|
|
Net change by previously authorized Change
Orders (#SP/BE-002)
|
|
$
|
1,500,000
|
|
The Contract Price prior to this Change Order
was
|
|
$
|
648,436,000
|
|
The Contract Price will be changed by this
Change Order in the amount of
|
|
$
|
6,491,053
|
|
The new Contract Price including this Change
Order will be
|
|
$
|
654,927,053
|
Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged .
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged .
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: None
Adjustment to Payment Schedule:
Refer to Schedule C-l “Milestone Payment Schedule” and
add the following:
- Milestone Number 3.10 Actual
Insurance Cost—Payment 1: $ 2,588,756
- Milestone Number 13.05 Actual
Insurance Cost—Payment 2: $ 3,902,297
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
None
This Change Order shall
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and shall be deemed to compensate Contractor
fully for such change; provided, however, that the Parties
acknowledge and agree that the “Actual Insurance Cost”
herein is based on current estimates and is subject to further
adjustment based on final costs for marine cargo insurance, marine
general liability insurance, taxes for excess wind and flood
coverage, and Marine Terminal Liability Operations
insurance.
Page 2 of 3
Upon execution of this Change Order by Owner and
Contractor, the above-referenced change shall become a valid and
binding part of the original Agreement without exception or
qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
|
|
|
|
|
|
|
|
|
|
|
/s/ Charif
Souki
|
|
|
|
/s/ C. Asok
Kumar
|
|
Owner
|
|
|
|
Contractor
|
|
|
|
|
|
Charif
Souki
|
|
|
|
C. Asok
Kumar
|
|
Name
|
|
|
|
Name
|
|
|
|
|
|
CEO
|
|
|
|
Project Director
|
|
Title
|
|
|
|
Title
|
|
|
|
|
|
June 3,
2005
|
|
|
|
June 6,
2005
|
|
Date of
Signing
|
|
|
|
Date of Signing
|
|
|
|
|
|
/s/ Keith Meyer
|
|
|
|
|
|
Owner
|
|
|
|
|
|
|
|
|
|
Keith Meyer
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Title
|
|
|
|
|
|
|
|
|
|
June 3, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Ed Lehotsky
|
|
|
|
|
|
Owner
|
|
|
|
|
|
|
|
|
|
Ed Lehotsky
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
Owner Representative
|
|
|
|
|
|
Title
|
|
|
|
|
|
|
|
|
|
June 2, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Stanley C. Horton
|
|
|
|
|
|
Owner
|
|
|
|
|
|
|
|
|
|
Stanley C. Horton
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
President and COO
|
|
|
|
|
|
Title
|
|
|
|
|
|
|
|
|
|
June 3, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
Page 3 of 3
SCHEDULE
D-l
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-008
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
DATE OF
CHANGE ORDER: 06/13/2005
|
|
|
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
|
|
CONTRACTOR: Bechtel Corporation
|
|
|
|
|
|
|
DATE OF AGREEMENT: December 18, 2004
|
|
|
The Agreement between the Parties listed above
is changed as follows:
Approval of Change Orders via
Schedule D-l and D-2 of the EPC Agreement will require the
signatures of Messrs. Charif Souki (except as further provided in
the next sentence), Stan Horton, Keith Meyer, in addition to the
designated Owner Representative, Ed Lehotsky. Mr. Horton is
authorized to sign Change Orders on behalf of Mr. Souki during
Mr. Souki’s absence. This requirement will not apply to
any other correspondence under the EPC Agreement.
A revised copy of Schedules D-l (Rev
2) and D-2 (Rev 2) is attached reflecting the above
change.
Adjustment to Contract Price
|
|
|
|
|
|
The original Contract Price was
|
|
$
|
646,936,000
|
|
Net change by previously authorized Change
Orders (#SP/BE-002 & 007)
|
|
$
|
7,991,053
|
|
The Contract Price prior to this Change Order
was
|
|
$
|
654,927,053
|
|
The Contract Price will be unchanged by this
Change Order in the amount of
|
|
$
|
0
|
|
The new Contract Price including this Change
Order will be
|
|
$
|
654,927,053
|
Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged .
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged .
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: None
Adjustment to Payment Schedule:
None
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
N/A
1
This Change Order shall constitute a full and
final settlement and accord and satisfaction of all effects of the
change as described in this Change Order upon the Changed Criteria
and shall be deemed to compensate Contractor fully for such
change.
Upon execution of this Change Order
by Owner and Contractor, the above referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
|
|
|
|
|
|
|
|
|
|
|
/s/ Charif
Souki
|
|
|
|
/s/ C. Asok
Kumar
|
|
* Charif Souki
Chairman
|
|
|
|
Contractor
|
|
|
|
|
|
C. Asok
Kumar
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
Project Director
|
|
|
|
|
|
Title
|
|
|
|
|
|
June 20,
2005
|
|
|
|
June 23,
2005
|
|
Date of
Signing
|
|
|
|
Date of Signing
|
|
|
|
|
|
/s/ Stan Horton
|
|
|
|
|
|
* Stan Horton
President & COO Cheniere
Energy
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Keith Meyer
|
|
|
|
|
|
* Keith Meyer
President Cheniere LNG
|
|
|
|
|
|
|
|
|
|
June 17, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Ed Lehotsky
|
|
|
|
|
|
* Ed Lehotsky
Owner Representative
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
*Required
|
Owner signature
- Mr. Horton may sign on behalf of Mr. Souki during
Mr. Souki’s absence.
|
2
SCHEDULE D-1
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-009
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
DATE OF
CHANGE ORDER: June 20,
2005
|
|
|
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
|
|
CONTRACTOR: Bechtel Corporation
|
|
|
|
|
|
|
DATE OF AGREEMENT: December 18, 2004
|
|
|
Attachment EE Adjustments
(Stainless Steel, Marine Loading Arms & BOG
Compressor)
The Agreement between the Parties
listed above is changed as follows:
|
Reference:
|
Contract
Attachment EE (Stainless Steel Adjustment, Tank Subcontract
Materials Adjustment, Marine Loading Arm Adjustment and BOG
Compressor Adjustment) Bechtel Letter SDN 25027-001-T05-GAM-00039
dated March 17, 2005 Bechtel Letter SDN
25027-001-T05-GAM-00062 dated April 26, 2005
|
Per Executed Change Order No.
SP/BE-006 (signed April 26, 2005), Attachment EE Rev. l, the
Contract Price is adjusted as follows:
Stainless Steel
Adjustment : The
Stainless Steel adjustment, which is used to account for the
changes in commodity pricing of 304L stainless steel pipe, fittings
and flanges as described in Section 7.ID of the Agreement,
shall be determined in accordance with Section 1 of Attachment
EE, Rev. 1. All calculations shall be rounded to four
(4) decimal places. See attached document titled
“Contract Att. EE Rev. 1 Adjustments,” dated
June 16, 2005, 1 page, supporting total upward adjustment
amount of $10,305,924.
Marine Loading Arm Adjustment and
BOG Compressor Adjustment : The Marine Loading Arm Adjustment and BOG
Compressor Adjustment, which are used to take into account currency
fluctuations as described in Sections 7.1 ,F and 7.1 .G
respectively, shall be determined in accordance with Section 2
of Attachment EE, Rev, 1. All calculations shall be rounded to four
(4) decimal places. All currency exchange rates shall be
determined using FxConverter on website
http://www.oanda.com/convert/classic . See attached document
titled “Contract Att. EE Rev. 1 Adjustments, “ dated
June 16, 2005, 1 page, supporting total upward adjustment
amount of $102,010
|
|
|
|
|
|
The original Contract Price was
|
|
$
|
646,936,000
|
|
Net change by previously authorized Change
Orders (#SP/BE-002 & 007)
|
|
$
|
7,991,053
|
|
The Contract Price prior to this Change Order
was
|
|
$
|
654,927,053
|
|
The Contract Price will be increased by this
Change Order in the amount of
|
|
$
|
10,407,934
|
|
The new Contact Price including this Change
Order will be
|
|
$
|
665,334,987
|
Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged.
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged.
SCHEDULE D-l
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-009
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
DATE OF
CHANGE ORDER: June 20,
2005
|
|
|
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
|
|
CONTRACTOR: Bechtel Corporation
|
|
|
|
|
|
|
DATE OF AGREEMENT: December 18, 2004
|
|
|
Attachment EE Adjustments
(Stainless Steel, Marine Loading Arms & BOG
Compressor)
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: Not Applicable
Adjustment to Payment Schedule: See
attached “Payment Milestones” 1 page, dated
June 16, 2005
Adjustment to Minimum Acceptance
Criteria: No Change
Adjustment to Performance
Guarantees: No Change
Adjustment to Design Basis: No
Change
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement: No
Change
This Change Order shall
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and shall be deemed to compensate Contractor
fully for such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
|
|
|
|
|
|
|
|
|
|
|
/s/ Charif
Souki
|
|
|
|
/s/ C. Asok
Kumar
|
|
* Charif Souki
Chairman
|
|
|
|
Contractor
|
|
|
|
|
|
C. Asok
Kumar
|
|
|
|
|
|
Name
|
|
|
|
|
|
|
|
|
|
Project Manager
|
|
|
|
|
|
Title
|
|
|
|
|
|
|
|
|
|
6/20/05
|
|
Date of
Signing
|
|
|
|
Date of Signing
|
SCHEDULE D-1
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-009
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
|
DATE OF CHANGE ORDER: June 20, 2005
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
CONTRACTOR: Bechtel Corporation
|
|
|
|
|
|
|
DATE OF AGREEMENT: December 18, 2004
|
|
|
Attachment EE Adjustments
(Stainless Steel, Marine Loading Arms & BOG
Compressor)
|
|
|
|
|
|
|
|
|
|
|
/s/ Stan
Horton
|
|
|
|
|
|
* Stan Horton
President & COO Cheniere
Energy
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Keith Meyer
|
|
|
|
|
|
* Keith Meyer
President Cheniere LNG
|
|
|
|
|
|
|
|
|
|
July 19, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
|
|
|
|
/s/ Ed Lehotsky
|
|
|
|
|
|
* Ed Lehotsky
Owner Representative
|
|
|
|
|
|
|
|
|
|
July 19, 2005
|
|
|
|
|
|
Date of
Signing
|
|
|
|
|
|
*
|
Required Owner
signature
|
SCHEDULE
D-1
CHANGE ORDER FORM
|
|
|
|
|
PROJECT NAME: Sabine Pass LNG Receiving,
|
|
CHANGE ORDER
NUMBER: SP/BE-010
|
|
Storage and Regasification Terminal
|
|
|
|
|
|
DATE OF
CHANGE ORDER: 6/17/2005
|
|
|
|
|
OWNER: Sabine Pass LNG, L.P.
|
|
|
|
|
|
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties listed above
is changed as follows:
FERC Cryogenic
Review
In accordance with Attachment A,
Section 13.4, “Additional FERC Requirements,”
Contractor was directed by Owner to incorporate FERC Cryogenic
review comments imposed by FERC after June 1, 2004. Approval
to incorporate comments is based on the following referenced
documents previously provided to Owner:
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•
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Owner Meeting
Action Items, No. 14, Issue No. 3, dated February 2,
2005
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•
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Bechtel
Conference Notes 25027-001-G15-GAM-00008 dated February 7,
2005
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•
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Bechtel
Conference Notes 25027-001-G-15-GAM-00009 dated February 15,
2005, Item No. 4
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•
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Bechtel Letter
SDN 25027-001-T05-GAM-00031 dated March 4, 2005
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Changes to Scope of Work are
included in the following documents:
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Trend T-008 -
Cryogenic Comments, dated April 15, 2005
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Owner’s
response to FERC, Docket No. CPO4-47-000 “Cryogenic
Information Request,” 34 pages
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•
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Lump Sum Change
Order “FERC Cryogenic Comments - Detail Estimate (BECR-002) /
Revised per Owner Comments” Revision 3, dated June 9,
2005, 3 pages.
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•
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“FERC
Cryogenic Comments - Payment Milestones (BECR-002)” dated
June 9, 2005
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Detailed Reasons for Proposed
Change(s) (provide
detailed reasons for the proposed change, and attach all supporting
documentation required under the Agreement)
Per Attachment A, Article 13.4 of
the Agreement, Contractor shall commence work on any additional
requirements imposed by FERC after June 1, 2004, and which are
not included in the Scope of Work or the Agreement. Details of the
proposed change and supporting documents are listed
above.
Note: This Change Order does not
address or include Changed Criteria for other additional FERC
requirements under Attachment A, Article 13.4, since sufficient
information is only available to address the FERC Cryogenic
comments. Other outstanding potential issues will be addressed
individually, as requested by Owner, and will be the subject of a
separate Change Order as may be appropriate. Reference Owner letter
SP-13E-C-038 dated March 31, 2005 and Contractor letter
SDN-25027-001-T05-GAM-00055 dated April 12, 2005.
Adjustment to Contract Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders OSP/BE-002, 007& 009
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$
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18,398,987
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The Contract Price prior to this Change Order
was
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$
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665,334,987
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The Contract Price will be increased by this
Change Order in the amount of
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$
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4,378,557
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The new Contract Price including this Change
Order will be
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$
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669,713,544
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Adjustment to dates in Project
Schedule
The following dates are modified (list all
dates modified; insert N/A if no dates modified):
The Target Bonus Date will be
unchanged.
The Target Bonus Date as of the date
of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged.
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: None
Adjustment to Payment Schedule: See
attached “FERC Cryogenic Comments—Payment
Milestones,” 1 page, dated June 9, 2005.
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
N/A
This Change Order shall
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and shall be deemed to compensate Contractor
fully for such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
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/s/ Charif
Souki
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/s/ C. Asok
Kumar
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* Charif Souki
Chairman
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Contractor
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C. Asok
Kumar
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Date of
Signing
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Name
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/s/ Stan Horton
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Project Director
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*Stan Horton
President & COO Cheniere
Energy
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Title
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July 19, 2005
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July 29,
2005
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Date of
Signing
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Date of Signing
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Rev. 2
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/s/ Keith Meyer
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* Keith Meyer
President Cheniere LNG
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July 19, 2005
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Date of
Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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July 19, 2005
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Date of
Signing
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*Required Owner Signature
SCHEDULE
D-l
CHANGE ORDER FORM
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PROJECT NAME: Sabine Pass LNG Receiving,
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CHANGE ORDER
NUMBER: SP/BE-011
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: June 24, 2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: Bechtel Corporation
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DATE OF AGREEMENT: December 18, 2004
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The Agreement between the Parties listed above
is changed as follows:
Owner and Contractor agree that the
Agreement shall be amended as follows:
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1.
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The following
new Section 11.10 shall be added to the Agreement:
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“11.10 Early Completion
Bonus. Contractor shall earn an early completion bonus in the
amount of Sixty-Seven Thousand U.S. Dollars (U.S.$67,000) per Day
for each complete Day that Contractor achieves Early Completion
prior to April 1, 2008 (the “Early Completion
Date”) , up to a maximum of Six Million U.S. Dollars
(U.S.$6,000,000) (the “Early Completion Bonus”
). Neither the Early Completion Date nor the Early
Completion Bonus shall be subject to adjustment or extension under
any circumstance, whether by Change Order or other provision of the
Agreement (including an event of Force Majeure or Owner caused
delay). If Contractor earns the Early Completion Bonus or any
portion thereof, Contractor shall invoice Owner for the applicable
amount of such Early Completion Bonus, and Owner shall pay
Contractor the applicable amount of such Early Completion Bonus
within the time required under this Agreement for making payments
of amounts invoiced by Contractor. The failure of Contractor to
earn the Early Completion Bonus shall not create a separate
liability for either Owner or Contractor under this
Agreement.”
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2.
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The following
definitions shall be added under Section 1.1 to the
Agreement:
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“ Early
Completion ” shall mean that all of the following
have occurred with respect to the Facility: (i) Cool Down has
been completed for System 1 and System 2; (ii) Contractor has
completed all procurement, fabrication, assembly, erection,
installation and precommissioning checks of all of the vaporizers
for the Facility to ensure that all such vaporizers and each
component thereof was sufficiently fabricated, assembled, erected
and installed so as to be capable of being operated safely within
the requirements contained in this Agreement, and thirteen
vaporizers have been operated to their rated capacity;
(iii) Contractor has completed all procurement, fabrication,
assembly, erection, installation and pre-commissioning checks and
tests of System 1 and System 2 to ensure that these Systems and
each component thereof was sufficiently fabricated, assembled,
erected and installed so as to be capable of being operated safely
within the requirements contained in this Agreement; and
(iv) System 1 and System 2, collectively, are capable of a
Sendout Rate of 2,000 MMSCFD or above at a temperature of no less
than 40°F and at a pressure of no less than 1,440 PSIG, as
measured at the exit for the main Facility transfer meter. The
status of being “capable” shall be determined by such
tests or operational records as may be mutually agreed by the
Parties prior to Contractor’s achievement of Early
Completion.
“ Early Completion
Bonus ” has the meaning set forth in
Section 11.10.
“ Early Completion
Date ” has the meaning set forth in
Section 11.10.”
There are no other modifications to the
Agreement relating to this Change Order.
Adjustment to Contract
Price
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The original Contract Price was
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$
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646,936,000
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Net change by previously authorized Change
Orders (#SP/BE-002, 007, 009 & 010)
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$
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22,777,544
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The Contract Price prior to this Change Order
was
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$
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669,713,544
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The Contract
Price will be increased by a separate Change Order if Contractor
earns the Early Completion Bonus or any portion thereof as per the
provisions of the Change Order
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Adjustment to dates in Project
Schedule
The following dates are modified
(list all dates modified; insert N/A if no dates
modified):
The Target Bonus Date will be
unchanged .
The Target Bonus Date as of the
date of this Change Order therefore is 1,095 Days following
NTP.
The Guaranteed Substantial
Completion Date will be unchanged .
The Guaranteed Substantial
Completion Date as of the date of this Change Order therefore is
1,247 Days following NTP.
Adjustment to other Changed
Criteria: None
Adjustment to Payment Schedule: A
separate Change Order will be required to adjust the Payment
Schedule if Contractor earns the Early Completion Bonus or any
portion thereof
Adjustment to Minimum Acceptance
Criteria: None
Adjustment to Performance
Guarantees: None
Adjustment to Design Basis:
None
Other adjustments to liability or
obligation of Contractor or Owner under the Agreement:
N/A
This Change Order shall not
constitute a full and final settlement and accord and satisfaction
of all effects of the change as described in this Change Order upon
the Changed Criteria and shall not be deemed to compensate
Contractor fully for such change.
Upon execution of this Change Order
by Owner and Contractor, the above-referenced change shall become a
valid and binding part of the original Agreement without exception
or qualification, unless noted in this Change Order. Except as
modified by this and any previously issued Change Orders, all other
terms and conditions of the Agreement shall remain in full force
and effect. This Change Order is executed by each of the
Parties’ duly authorized representatives.
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/s/ Charif
Souki
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/s/ C. Asok
Kumar
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* Charif Souki
Chairman
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Contractor
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C. Asok
Kumar
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Name
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Project Director
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Title
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July 29,
2005
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Date of
Signing
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Date of Signing
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/s/ Stan Horton
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*Stan Horton
President & COO Cheniere
Energy
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July 19, 2005
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Date of
Signing
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/s/ Keith Meyer
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*Keith Meyer
President Cheniere LNG
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July 19, 2005
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Date of
Signing
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/s/ Ed Lehotsky
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* Ed Lehotsky
Owner Representative
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July 19, 2005
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Date of
Signing
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*Required Owner signature - Mr.
Horton may sign on behalf of Mr. Souki during
Mr. Souki’s absence.
SCHEDULE D-2
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PROJECT NAME: Sabine Pass LNG Receiving
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CHANGE ORDER
NUMBER: SP/BE-012
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Storage and Regasification Terminal
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DATE OF
CHANGE ORDER: 7/12/2005
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OWNER: Sabine Pass LNG, L.P.
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CONTRACTOR: BECHTEL CORPORATION
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DATE OF AGREEMENT: December 18, 2004
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You are hereby directed to make the following
additions or modifications to, or deductions from, the
Work:
Implement the following P&ID
and Cause & Effect Scope Option Items (refer to the
attached Trend Matrix for further information) as discussed in the
review meetings and subsequent correspondence:
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Item
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Prelim Cost
Estimates
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3.06
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Add local
and remote actuators for (4) 16” and (2) 24”
valves
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$
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240,000
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4.16
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Delete
10” SS insulated tanker BOG vent line to storage
tanks
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$
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(200,000
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)
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7.04
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Add
actuators to (3) 30” valves
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(150,000
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9.03
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Nitrogen
snuffing system piping revision at (3) Tanks
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$
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80,000
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10.04
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Add Tank
mixing jumper line - (1) location
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$
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100,000
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13.01
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Add
actuators and Jump over line for Recondensor
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$
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50,000
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18.05
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Add
42” future connection to the gas metering
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$
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20,000
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19.06
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Delete LP
vent stack, associated piping & valves from Tank
area
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$
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(120,000
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20.05
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Add switch
in Control Room
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$
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0
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20.06
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Add Jumper
to Blower section & move valves
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$
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60,000
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10.00
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Cause &
Effect scope - Add thermal relief valves
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$
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120,000
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Total Order
of Magnitude Cost
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$
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500,000
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Contractor shall proceed with the
above design changes and prepare detailed Lump Sum cost estimates.
Upon final review and approval by Owner of the detailed estimate,
Contractor shall prepare the required documentation, including a
completed Schedule D-3 in accordance with Article 6.1A of the
Agreement.
Compensation for the changes specified in this
Change Order is on a time and materials basis as provided in
Section 6.1C and 6.2D of the Agreement.
Contractor shall commence with the
performance of the change(s) described above on July 18,
2005
This Change Order is signed by
Owner’s duly authorized representatives.
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/s/ Charif
Souki
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/s/ Stan
Horton
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*Charif Souki
Chairman
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*Stan Horton
President and COO Cheniere
Energy
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July 19,
2005
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Date of
Signing
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Date of Signing
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