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DocuSign Envelope ID: E0645F9B-3427-4AEC-BOD4-FF7860FOF502 <br /> January 15, 2019 ARM <br /> Bordeaux Construction Company <br /> i*t <br /> Attn: Mr. Brad Bowling Geothermal, Environmental, <br /> 135 East Martin Street, #101 &Well Drilling <br /> Raleigh, North Carolina 27601 <br /> Re.: Geothermal Conductivity Testing <br /> Cornelius Street, Hillsborough <br /> Orange County, North Carolina <br /> Brad BordeauxConstruction.com <br /> Mr. Bowling, <br /> The following are estimated costs for Geothermal Conductivity Testing for your project in <br /> Hillsborough, North Carolina. Pending receipt of permit signatures, the project should be started <br /> approximately three weeks from acceptance of this proposal. The following is presented for your <br /> review. <br /> Geothermal Test Well Drilling and Construction <br /> Installation of one (1)400'x 1 1/4" HDPE geothermal loop in a 6" borehole at a site <br /> designated by others. Includes mobilization and per diem charges for a three (3) <br /> person crew, including supervision by a North Carolina Certified Well Driller, and <br /> North Carolina Professional Geologist. Grout will be a 1.2 mixture. All construction <br /> will be within IGSHPA Standards. Includes single pre-drilling site visit,single drilling <br /> rig mobilization, and single in-situ testing mobilization. <br /> Estimated Geothermal Test Well Total 9,000.00 <br /> Geothermal Conductivity Testing <br /> Perform a thermal conductivity test on the geothermal well. To include connecting <br /> a test station to the installed loop, measuring the natural ground temperature, <br /> performing a heat loading thermal test within IGSHPA recommendations, and <br /> report preparation and boring log preparation. The report will be sealed by a North <br /> Carolina Licensed Geologist. <br /> In-Situ Conductivity Testing Total 5,500.00 <br /> Estimated total $14,500.00 <br /> 1. Ease and accessibility to the well site with the well drill. <br /> 2. The understanding that geothermal system installation is conducted with very heavy <br /> equipment. Some landscaping and/or possibly pavement damage will occur, repair of <br /> which is not included within these costs. <br /> 3. If a cave(s) or unstable conditions are encountered, temporary surface casing could be <br /> required, and would be billed at a rate of $25.00 per foot for casing not recovered, or <br /> Applied Kcoource Management, f' C. <br /> P 0. Box 882, 257 Transfer Station Road, Hampstead, NC 28443 910.270.2919 Fax 910.270.2988 <br />