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ADVANCE POLYELECTRIC SYSTEMS, INC.25-B Bayani St., Brgy. San Isidro, Galas, Quezon City

Tel. No. 413-3806 / Telefax No. 731-5238______________________________________________________________________

REF: QPE10-124

September 18, 2010

FRONTIER POWER TECHNOLOGIESAguilar Compound, 683 Magsaysay Road,Bgy. San Antonio,San Pedro, Laguna

Attention : MIKE KAQUILALASubject : INSTALLATION OF 1500KW PRIME GENSET AND

CONSTRUCTION OF GENSET HOUSEProject : FORT BONI

Dear Sir:

We are pleased to submit our quote for the above stated subject as follows:Supply of labor and materials with technical supervision and use of tools for the following scope of works:

Fort Boni PS New 1500KW GENSET Schedule of Quantities

ITEM

NO. DESCRIPTION UNIT QTY UNIT PRICE TOTAL

A GENERAL ITEMS

1. Mobilization/Demobilization Lot 1 50,000.00 50,000.00

2 Implementation of construction Health and SafetyProgram

Lot 1 30,000.00 30,000.00

3 Permits Lot 1 100,000.00 100,000.00

Sub-total 180,000.00

B ELECTRO-MEECHANICAL-CIVIL WORKS (Design,Supply, Construction and Installation)

1 Design, supply and construction of genset houserated for 1500 KW

Lot 1 1,260,000.00 1,260,000.00

2 Genset house soundproofing ( 50mm thk Rockwool

type, 2-hours fire rated)

Lot 1 700,000.00 700,000.00

3 Supply and installation of main feeder breaker(3200At) rated for genset to be located at existingMCC (GCB)

Lot 1 375,000.00 375,000.00

4 Re-routing / tapping of existing tapping point of1135KW genset (existing) to other side of MCCbusbar

Lot 1 150,000.00 150,000.00

5 Supply and installation of mechanical and electricalinterlocking device system for Meralco and gensetpower switching

Lot 1 250,000.00 250,000.00

6 Fuel Tank, Transfer pump and Fuel piping Lot 1 400,000.00 400,000.00

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7 Exhaust muffler Lot 1 300,000.00 300,000.00

8 Radiator duct Lot 1 80,000.00 80,000.00

9 3,200AT, ACB, ATS Lot 1 950,000.00 950,000.00

10 Supply and installation of 8 sets:3x250mm THHNfrom genset to GCB

Lot 1 795,000.00 795,000.00

11 Supply and installation of 8 sets:3x250mm THHNfrom GCB to MTS

Lot 1 4,257,000.00 4,257,000.00

12 Supply and installation of 8 sets:3x250mm THHNfrom MTS to existing MDP

Lot 1 1,175,000.00 1,175,000.00

13 Testing and commissioning (ASSIST) Lot 1 50,000.00 50,000.00

Sub-total 10,742,000.00

Grand-total 10,922,000.00

TERMS AND CONDITIONS:

A. Payment : 30% Downpayment balance thru progress billingB. Completion : Within 90 days from receipt of PO, downpayment

and approval of shopdrawings whichever comes latest.

C. Warranty : One (1) year on materials against force majeure

D. Validity : One (1) month from receipt of this quote.

Thank you very much for giving us the opportunity to quote. We look forward to have a good workingrelationship with you.

Truly yours,

MANOLITO M. GAMBOAGeneral Manager