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DocuSign Envelope ID:D561B1AE-DF34-4907-AD06-AOEB37BBE427 <br /> RACANELLI CONSTRUCTION SOUTH, INC. <br /> OC VISITORS BUREAU Value Engineering 9/23/2020 <br /> REV. NOV. 30, 2020 <br /> By: Peter Muzzillo REV. DEC. 21, 2020 <br /> Rev. by JGA <br /> Description Savings Comment <br /> Eliminate tile demo and major floor prep excludes <br /> tile demo at bar $ (4,200.00) <br /> Add carpet in lieu of LVT at 006 HOSPITALITY, 007 <br /> STORAGE, 010 WORK ROOM, 014 UTILITY, 015 $ (630.00) <br /> Metal framing in lieu of wood framing $ (1,800.00) limited to new wall construction <br /> JG <br /> Keep existing water heater $ (1,000.00) Assuming exisitng HWH is in good working <br /> JG <br /> Delete wiring and devices tor data/voice (1,200.00) JG <br /> $ (8,830.00) <br /> JG <br /> Contract Amount $ 276,000.00 <br /> 267,170.00 <br /> JG <br />