Subbase Drydock

Subbase Drydock PO Box 4429/ Parcel 162 Subbase St. Thomas, USVI, 00803 T:(340) 776-2078 Fax:(340)779-8426 Name / Address LSJ,LLC Aryan McGuiness 775-8109 690-1487 Casey Estimate Date Estimate # 4/14/2015 762 Terms Project Upon Complc... Big N/LSJ Barge Description Qty Cost Total Subbase and Island Rigging and Hydraulics reviewed projects that were on your "to do list" this morning. I will list all projects that l can with a quote for each repair but first I would like to comment on the condition of the LSJ Barge. This vessel was hauled out at our yard three years ago . During that haul out Subbase quoted on most of the items you have in this current list. It was surprising to see that our recommendations were not completed and as a result the current condition of the vessel is not seaworthy. The overall appearance of the vessels is that it looks neglected and repairs that were essential were cobbled together in an effort to get by. The LSJ Barge needs a major overhaul to make her seaworthy and to ensure an extended service life. Subbase in not interested in making any repairs that will not be done properly; nor are we interested in patching anything together for a temporary fix. I understand that some projects may be more important then others so I will try to list each project individually. Drydock hauling fees I 1,500.00 1,500.00 Laydays: Approx 12 12 350.00 4,200.00 Electricity Fee: Hook Up 1 75.00 75.00 Electricity Fee: per day 12 60.00 720.00 5000 psi pressure wash I 327.00 327.00 I & 2 ) Rudders: Subbase personnel examined the rudder room and we were able see major corrosion on the transom. The hull plating has holes where sea water is seeping into the vessel. I 20,000.00 20,000.00 The steering components need to be removed and cleaned, the rudders need to be removed and serviced. The lower Pintle and gudgeons need service as well as the rudder stuffing box. I would reserve 10k to 20k for this project. I have included pictures of this compartment. Total Signature Page 1 EFTA01203754 Subbase Drydock PO Box 4429/ Parcel 162 Subbase St. Thomas, USVI, 00803 T:(340) 776-2078 Fax:(340)779-8426 Name / Address LSJ,LLC Arran McGuiness 775-8109 690-1487 Estimate Date Estimate # 4/14/2015 762 Terms Project Upon Comple... Big N/LSJ Barge Description Qty Cost Total 3-A) Install two cylinders with stainless steel shafts; including all hoses back to engine room, with stainless steel ends on all hoses. We will re-evaluate the valving and other engine room components to see what can me reused vs. replaced. 1 45,000.00 45.000.00 We have been informed that the present pump is in good condition so we are not quoting on replacement of pump. Labor and Materials will be S35-45,000. 3-B) "Ilte steel boxes that secure the cylinders to the hull are deteriorated and will need replacement. Subbase recommends using stainless steel to eliminate the corrosion. Three years ago we quoted S16,000.00 for both boxes and we will still honor this quote. I 16.000 00 16.000 00 4) The exhaust system is in a non-repairable condition and needs replacement from the main engine to the hull outlet. Our quote will include all new piping, flex joints, exhaust mixers, and new exterior aluminum outlet. When system is complete it will be wrapped with a removable wire mesh hi-temp blanket. The new system will be much quieter than the existing exhaust system. Labor and material $21,000.00. I 24.500 00 24,500.00 5) Engine mounts need to be de-scaled of rust. Bolts holding mounts need to be cleaned or renewed and alignment from coupling to shaft needs to be checked and adjusted for proper tolerances. An extensive review was completed of this drive train back in 2012 with repair recommendations made at that time. I do not know if this problem was solved so to budget for this I would reserve 5k to 7k for this project. (before exhaust system is finalized this alignment must be done). I ',000.00 7,000.00 6) Stuffing boxes: Subbase was informed that new stuffing boxes arc on hand and will be owner supplied, after haulout removal of hose joining stuffing box to shaft log will reveal the condition of shaft log. I would reserve 5k for this project. 1 5,000.00 5,000.00 Total Signature Page 2 EFTA01203755 Subbase Drydock PO Box 4429/ Parcel 162 Subbase St. Thomas, USVI, 00803 T:(340) 776-2078 Fax:(340)779-8426 Name / Address LSJ.I.LC Arran McGuiness 775-8109 690-1487 casey Estimate Date Estimate # 4/14/2015 762 Terms Project Upon Comple... Big N/LSJ Barge Description Qty Cost Total Cutless bearings require removal of main shafts and propellers: After removal of coupling, shafts and props a condition report will follow if drive train is serviceable the routine maintenance for renewing cutless bearing will only need attention. Labor and material for this is (both port and starboard) $4,150.00. I 4,150.00 4,150.00 8) Engine Cooling Grid: Pressure test system and issue report for this service. Reserve $1,200.00 I 1,200.00 1,200.00 9) Bottom paint and barrier coat: Labor and material $7,500.00. I 7,500.00 7,500.00 10) Engine and marine gear - Review upon haul out — QUOTE WILL BE ISSUED -- 0.00 0.00 I I) Fuel tank: Cleaning and disposal 1 2,800.00 2,800.00 Items I2 thni 18 will need more time to evaluate -- QUOTES WILL BE ISSUED --- 19) Clean engine room: Before any repairs are started clean and degrease entire engine room, dispose of oily water. After repairs are complete clean and paint engines and any other areas that were painted. Remove engine hatch covers and assess condition. Make necessary repairs and reinstall after all. Labor and material $5,500.00 I 5,500.00 5,500.00 20) Hydraulic Tank: Due to severe corrosion of the steel hydraulic tank, Subbase reccomends replacing tank with new marine grade aluminum tank complete with all necessary finings and sight glass to view levels. Labor and Materials. 1 5,000.00 5,000.00 Total 1150,472.00 Signature Page 3 EFTA01203756