Exhibit 10.5
SCHEDULE
D-1
CHANGE ORDER
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PROJECT NAME: Sabine Pass LNG Receiving,
Storage and Regasification Terminal
OWNER: Sabine Pass LNG, L.P.
CONTRACTOR:
Bechtel Corporation
DATE OF AGREEMENT:
December 18, 2004
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CHANGE ORDER NUMBER: SP/BE-060
DATE OF CHANGE ORDER: March 24, 2009
Guaranteed Substantial
Completion
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The Agreement between the Parties
listed above is changed as follows:
With reference to Article 5.3.A. and
Attachment E of the Agreement, as amended by Change Order 30, Owner
and Contractor agree that due to the effects of Hurricane Ike the
Guaranteed Substantial Completion Date of December 20, 2008 is
changed to June 13, 2009.
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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 to 028, 031, 033 thru 035; 037 thru
059)
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$
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182,442,446
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The Contract Price prior to this Change Order
was
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$
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829,378,446
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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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0.00
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The new Contract Price including this Change
Order will be
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$
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829,378,446
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Adjustment to dates in Project
Schedule
The Target Bonus Date is
July 18, 2008.
The following dates are
modified:
The Guaranteed Substantial
Completion Date is June 13, 2009
The Guaranteed Substantial
Completion Date, referenced in Attachment E of the Agreement, is
changed to 1,530 days following NTP.
Adjustment to other Changed
Criteria: No Change
Adjustment to Payment Schedule: No
Change
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: As modified by this Change
Order.
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 set forth herein.
1 of 2
Upon execution of this Change Order by
O
