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Mr.
JOMAR
JORDAS
DATAJ
AQUAFARM
INC.
216
J&L
Bldg.
251
EDSA
Brgy.
Wack
Wack,
Mandaluyong
City,
MM
Subject:
2MW
Off-Grid
Solar
Power
System
Dear
Mr.
Jordas,
We
are
pleased
to
submit
herewith
our
technical
proposal
for
the
supply
of
the
following
off-grid
PV
system:
PROJECT
OVERVIEW
Project
details
are
as
follows:
Site
Location
Canuigan
Sta.
Teresita,
Cagayan
Valley
3511
System
Type
Off-Grid
Total
System
Capacity
2MW
PV
Modules
DMEGCC
250W
Monocrystalline
Land
Requirement
2
hectares
Quantity
8,652
Quantity
106
Transformer
SCADA/
Monitoring
System
1250KVA
Integrated with Remote
Monitoring system web
based
Circuit Breaker
106
2
DC Disconnect
Switch Gear
Isolator
Cables
2
2
412
2
CONTRACT
PRICE
&
PAYMENT
SCHEDULE
Contract
Price:
The
price
is
inclusive
of
the
following:
Price Element
INIT Equipment Supply
INIT Site Installation, Supervision, & Commissioning
Balance of System (BOS)
TOTAL
+ 12% VAT
GRAND TOTAL
Amount (PhP)
123,142,857.14
26,196,428.57
29,232,142.86
178,571,428.57
21,428,571.43
200,000,000.00
Payment
Schedule:
These
payment
milestones
apply
for
this
project
Milestone
No.
1
2
3
4
5
6
7
8
9
10
Payment Description
Upon signing of contract
Upon delivery of materials
Upon completion of all
components
Upon commissioning of PV system
3rd month after completion
6th month after completion
9th month after completion
12th month after completion
15th month after completion
18th month after completion
Total including VAT
% of Total Unit
Price
10%
15%
Amount (PhP)
20,000,000.00
30,000,000.00
25%
10%
5%
5%
5%
5%
10%
10%
100%
50,000,000.00
20,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
10,000,000.00
20,000,000.00
20,000,000.00
200,000,000.00
WARRANTIES
PERFORMANCE
WARRANTY
MODULES
DMEGC
Solar
modules
include
a
linear
power
output
warranty.
This
is
assurance
that
the
DMEGC
Solar
Module
will
be
up
to
performance
every
year.
25
Years
Linear
Power
Output
Warranty
This
guarantees
more
than
90%
annual
power
output
after
10years
and
more
than
80%
annual
power
output
after
25
years.
DEFECTS
LIABILITY
PERIOD
Upon
testing
and
commissioning
of
the
complete
system,
INIT
Philippines
shall
perform
a
handover
of
the
complete
system
to
the
customer.
The
Defects
Liability
Period
(DLP)
shall
be
a
period
of
12
months
and
shall
commence
from
the
date
which
the
system
has
been
successfully
handed
over
to
the
customer.
We
thank
you
for
the
concern
for
the
environment
and
for
your
consideration
of
this
proposal.
Respectfully
yours,
FERDINAND
A.
CANDELARIA
President
Init
Philippines