Proposal Leonard Powers" Steam Specialist • Mechanical Services • Valve Repair 519 West 27th Street NYC 10001 Phone 212-244-8878. Fax 212-5634761 9 East 71st Street Richard J. Barnett, Property Manager New York. NY 10021 212-249-1122 212-717-4672 December 16, 2010 Reference St: 5017-102 SP: 075 Due Date: 1/15/2011 Job Name/Ship To: 9 East 71st Street Richard J. Barnett, Property M New York, NY 10021 212-249-1122 212-717-4672 We Hereby Submit Specifications And Estimates For: Dear Mr. Barnett: It was a pleasure to meet you again earlier this week. As discussed, as a first step to recommending upgrades to the existing steam and hot water systems in order to achieve maximum energy savings and efficiency, Leonard Powers' suggests that a complete steam system check-out of the existing equipment be done. We are pleased to submit pricing as well as a performance schedule for a yearly maintenance service agreement based on one visit a year. The total cost, labor during normal working hours and material, to perform one visit a year including changing the diaphragms of two 1" Spence E2T134-704 (integral) temperature control valves once a year is $ 950.00 plus tax. NOTE: Spence recommends that the E2 valve diaphragms be replaced once a year since they become hard after one years steam service. This slows down the reaction time of the temperature control valves and can create "spikes" in the hot water temperature. Option: 9 East 71st Street Owner hereby authorizes minor repairs and/or replacement parts not to exceed $ per visit, without further written approval. (This option may benefit the owner by eliminating a return service visit for a minor repair.) The equipment to be covered under this agreement will include: One 1" Spence threaded ED upper primary reducing valve One 1-1/2" Spence threaded ED upper secondary reducing valve One 3/4" Spence threaded ED lower primary reducing valve One 1-1/4" Spence threaded ED lower secondary re