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CERTAIN INFORMATION OF THIS DOCUMENT HAS BEEN REDACTED BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) IS THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL. INFORMATION THAT WAS OMITTED HAS BEEN NOTED IN THIS DOCUMENT WITH A PLACEHOLDER IDENTIFIED BY THE MARK “[***].”
CHANGE ORDER
(for use when the Parties mutually agree upon and execute the Change Order pursuant to Section 6.1D or 6.2C)
| | | | | | | | |
PROJECT NAME: Rio Grande Natural Gas Liquefaction Facility | | DATE OF AGREEMENT: September 15, 2022 |
| | |
AGREEMENT: Amended and Restated Fixed Price Turnkey EPC Agreement of Train 3 | | CHANGE ORDER NUMBER: Owner EC Number: EC00243 Contractor Change Number: SCT3059 |
| | |
OWNER: Rio Grande LNG, LLC | | EFFECTIVE DATE OF CHANGE ORDER: July 4, 2025 |
| | |
CONTRACTOR: Bechtel Energy Inc. | | |
| | |
| TITLE: FUEL GAS SCRUBBERS AND CORIOLIS METERS – ENGINEERING AND PROCUREMENT |
BACKGROUND
[***]
CHANGE
[***]
Table 1 – Design Input Data
[***]
This Change Order does not change the basis of design for the feed gas battery limit conditions for which the Train 3 Liquefaction Facility is designed as defined in Attachment A, Schedule A-2, Section 7.4.3 Table 5: Feed Gas Battery Limit Conditions at Inlet to the Expanded Facility.
This Change Order does not change the basis of design for the feed gas composition for which the Train 3 Liquefaction Facility is designed as defined in Attachment A, Schedule A-2, Section 7.4.1 Table 3: Feed Gas Composition.
Notwithstanding the requirements of section 6.2A and section 6.4 and subject to the requirements of section 6.10, Contractor shall be entitled to a separate Change Order for adjustment to the Contract Price should there be any design changes during the Baker Hughes’ detail design that increase Contract Price.
Attachments to support this Change Order: N/A
| | | | | | | | | | | | | | |
| Adjustments to Contract Price |
| 1) | The original Contract Price was | $ | 3,042,334,000 | |
| 2) | Net change by previously authorized Change Orders (See Appendix 1) | $ | 154,710,995 | |
| 3) | The Contract Price prior to this Change Order was | $ | 3,197,044,995 | |
| 4) | The Aggregate Equipment Price will be increased by this Change Order in the amount of | $ [***] |
| 5) | The Aggregate Labor and Skills Price will be increased by this Change Order in the amount of | $ [***] |
| 6) | The total Aggregate Equipment, Labor and Skills Price will be increased by this Change Order in the amount of | $ | 4,631,400 | |
| 7) | The new Contract Price including this Change Order will be | $ | 3,201,676,395 | |
Adjustment to Key Dates
The following Key Dates are modified:
The Key Date for *N/A will be (increased)(decreased) by *N/A Days.
The Key Date for *N/A as of the date of this Change Order therefore is *N/A Days after NTP.
The Guaranteed Date of *N/A will be (increased)(decreased) by *N/A Days.
The Guaranteed Date of *N/A as of the effective date of this Change Order therefore is *N/A Days after NTP.
Attached to this Change Order is an updated Schedule E-1 which shall reflect and highlight any adjustment(s) to the Key Dates agreed to in this Change Order. *N/A
*No impact to the Key Dates for engineering and procurement only scope of the new Scrubber and new Coriolis flow meters is included with this Change Order. However, the impact to Key Dates, if any, regardless of whether arising from the engineering, procurement or implementation scope will be assessed in a separate Change Order, or Change Orders, as required should Owner decide to proceed with installation of the new Scrubber and new Coriolis flow meters into the Train 3 Liquefaction Facility.
Impact to other Changed Criteria:
Impact on Payment Schedule (including, as applicable, Payment Milestones):
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00243_SCT3059 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Maximum Cumulative Payment Schedule:
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00243_SCT3059 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Minimum Acceptance Criteria: N/A Impact on Performance Guarantees: N/A Impact on Basis of Design: N/A
Impact on the Total Reimbursement Amount: N/A
Any other impacts to obligation or potential liability of Contractor or Owner under the EPC Agreement: N/A
[A]This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the changes reflected in this Change Order upon the Change Criteria and shall be deemed to compensate Contractor fully for such change. Initials: SFO Contractor AT Owner
[B]Pursuant to Section 6.4 of the Agreement, this Change Order shall not constitute a full and final settlement and accord and satisfaction of all effects of the change reflected in this Change Order upon the Change Criteria and shall not be deemed to compensate Contractor fully for such change. Initials: Contractor Owner
Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the Agreement without exception or qualification. Except as modified by this and any previously issued Change Orders or any amendments to the Agreement, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. This Change Order represents full and final consideration and/or adjustments for the above change, except as set out above.
| | | | | | | | |
| /s/ Alex Thompson | | /s/ Scott Osborne |
| Owner | | Owner |
| | |
| Alex Thompson | | Scott Osborne |
| Name | | Name |
| | |
| Authorized Person | | Senior Project Manager |
| Title | | Title |
| | |
| July 4, 2025 | | July 4, 2025 |
| Date of Signing | | Date of Signing |
CHANGE ORDER
(for use when the Parties mutually agree upon and execute the Change Order pursuant to Section 6.1D or 6.2C)
| | | | | | | | |
PROJECT NAME: Rio Grande Natural Gas Liquefaction Facility | | DATE OF AGREEMENT: September 15, 2022 |
| | |
AGREEMENT: Amended and Restated Fixed Price Turnkey EPC Agreement of Train 3 | | CHANGE ORDER NUMBER: Owner EC Number: EC00230 Contractor Change Number SCT3056 |
| | |
OWNER: Rio Grande LNG, LLC | | EFFECTIVE DATE OF CHANGE ORDER: July 29, 2025 |
| | |
CONTRACTOR: Bechtel Energy Inc. | | |
The EPC Agreement between the Parties listed above is changed as follows: (attach additional documentation if necessary)
BACKGROUND
[***]
CHANGE:
1.Feed Gas Analyzer – Contractor to perform all Work necessary to provide a gas chromatograph (GC) upstream of H2S Scavenger / HG Adsorber (C-1104A/B). The GC shall be capable of measuring the components as indicated in Attachment 1 (Chromatograph Application Specification, date June 25, 2025) to this Change Order.
This Change Order does not change the basis of design for the feed gas composition for which the Train 3 Liquefaction Facility is designed as defined in Attachment A, Schedule A-2, Section 7.4.1 Table 3: Feed Gas Composition.
The Work included under this Change Order will result in reduction to certain margins within the existing Train design. This includes, but is not limited to, a reduction in instrument air system margins due to addition of instrument air users. This Change Order excludes changes to restore margins eroded by this change. Notwithstanding the requirements of section 6.2A, section 6.4 and section 6.8(b) of the Agreement and subject to the requirements of section 6.10, should it be determined, in Contractor’s reasonable opinion, that the cumulative impacts of Change Orders result in a material reduction of those margins, then Owner and Contractor shall mutually determine to execute either a technical deviation for such reduction in margin or a separate Change Order to restore such margins.
Notwithstanding the requirements of section 6.2A, 6.4 and section 6.8(b) of the Agreement and subject to the requirements of section 6.10, if the scope performed under this Change Order delays the commencement, prosecution or completion of the Work, Contractor shall be entitled to a separate Change Order for adjustment to the Key Dates, if such delay affects the performance of any Work that is on the critical path of the Monthly Updated CPM Schedule.
Attachments to support this Change Order:
Attachment 1 – Chromatograph Application Specification, date June 25, 2025
| | | | | | | | | | | | | | |
| Adjustments to Contract Price |
| 1) | The original Contract Price was | $ | 3,042,334,000 | |
| 2) | Net change by previously authorized Change Orders (See Appendix 1) | $ | 159,342,395 | |
| 3) | The Contract Price prior to this Change Order was | $ | 3,201,676,395 | |
| 4) | The Aggregate Equipment Price will be increased by this Change Order in the amount of | $ [***] |
| 5) | The Aggregate Labor and Skills Price will be increased by this Change Order in the amount of | $ [***] |
| 6) | The total Aggregate Equipment, Labor and Skills Price will be increased by this Change Order in the amount of | $ | 1,305,900 | |
| 7) | The new Contract Price including this Change Order will be | $ | 3,202,982,295 | |
Adjustment to Key Dates
The following Key Dates are modified (list all Key Dates modified; insert N/A if no Key Dates modified):
The Key Date for N/A will be (increased)(decreased) by N/A Days.
The Key Date for N/A as of the date of this Change Order therefore is N/A Days after NTP.
(list all Key Dates that are modified by this Change Order using the format set forth above)
The Guaranteed Date of N/A will be (increased)(decreased) by N/A Days.
The Guaranteed Date of N/A as of the effective date of this Change Order therefore is N/A Days after NTP.
(list all Guaranteed Dates that are modified by this Change Order using the format set forth above)
Attached to this Change Order is an updated Schedule E-1 which shall reflect and highlight any adjustment(s) to the Key Dates agreed to in this Change Order. N/A
Impact to other Changed Criteria (insert N/A if no changes or impact; attach additional documentation if necessary)
Impact on Payment Schedule (including, as applicable, Payment Milestones):
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00230_SCT3056 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Maximum Cumulative Payment Schedule:
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00230_SCT3056 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Minimum Acceptance Criteria: N/A Impact on Performance Guarantees: N/A Impact on Basis of Design: N/A
Impact on the Total Reimbursement Amount: The Total Reimbursement Amount is changed from $27,507,585 to
$27,511,735, an increase of $4,150.
Any other impacts to obligation or potential liability of Contractor or Owner under the EPC Agreement: N/A
This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the changes reflected in this Change Order upon the Change Criteria and shall be deemed to compensate Contractor fully for such change subject to the exceptions herein. Initials: SFO Contractor: A T Owner
[A]Pursuant to Section 6.4 of the Agreement, this Change Order shall not constitute a full and final settlement and accord and satisfaction of all effects of the change reflected in this Change Order upon the Change Criteria and shall not be deemed to compensate Contractor fully for such change. Initials: SFO Contractor A T Owner
Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the Agreement without exception or qualification. Except as modified by this and any previously issued Change Orders or any amendments to the Agreement, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. This Change Order represents full and final consideration and/or adjustments for the above change, except as set out above.
| | | | | | | | |
| /s/ Alex Thompson | | /s/ Scott Osborne |
| Owner | | Owner |
| | |
| Alex Thompson | | Scott Osborne |
| Name | | Name |
| | |
| Authorized Person | | Senior Project Manager |
| Title | | Title |
| | |
| July 29, 2025 | | July 29, 2025 |
| Date of Signing | | Date of Signing |
CHANGE ORDER
(for use when the Parties mutually agree upon and execute the Change Order pursuant to Section 6.1D or 6.2C)
| | | | | | | | |
PROJECT NAME: Rio Grande Natural Gas Liquefaction Facility | | DATE OF AGREEMENT: September 15, 2022 |
| | |
AGREEMENT: Amended and Restated Fixed Price EPC Turnkey Agreement for Train 3 | | CHANGE ORDER NUMBER: Owner EC Number: EC00252 Contractor Change Number SCT3061 |
| | |
OWNER: Rio Grande LNG, LLC | | EFFECTIVE DATE OF CHANGE ORDER: July 30, 2025 |
| | |
CONTRACTOR: Bechtel Energy Inc. | | |
| | | | | | | | | | | | | | |
| TITLE: GAS TURBINE DRIVERS – CONTROL SYSTEM MODIFICATIONS |
The EPC Agreement between the Parties listed above is changed as follows: (attach additional documentation if necessary)
BACKGROUND:
[***]
CHANGE:
[***]
Any work to restore any reduction in margins due to above changes shall be addressed in a separate Change Order.
This Change Order does not change the basis of design for the feed gas composition for which the Train 3 Liquefaction Facility is designed as defined in Attachment A, Schedule A-2, Section 7.4.1 Table 3: Feed Gas Composition.
Notwithstanding the requirements of section 6.2A, 6.4 and section 6.8(b) of the Agreement and subject to the requirements of section 6.10, if the scope performed under this Change Order delays the commencement, prosecution or completion of the Work, Contractor shall be entitled to a separate Change Order for adjustment to the Key Dates, if such delay affects the performance of any Work that is on the critical path of the Monthly Updated CPM Schedule.
Attachments to support this Change Order:
Attachment 1 – Consumables List
| | | | | | | | | | | | | | |
| Adjustments to Contract Price |
| 1) | The original Contract Price was | $ | 3,042,334,000 | |
| 2) | Net change by previously authorized Change Orders (See Appendix 1) | $ | 160,648,295 | |
| 3) | The Contract Price prior to this Change Order was | $ | 3,202,982,295 | |
| 4) | The Aggregate Equipment Price will be increased by this Change Order in the amount of | $ [***] |
| 5) | The Aggregate Labor and Skills Price will be increased by this Change Order in the amount of | $ [***] |
| 6) | The total Aggregate Equipment, Labor and Skills Price will be increased by this Change Order in the amount of | $ | 802,300 | |
| 7) | The new Contract Price including this Change Order will be | $ | 3,203,784,595 | |
Adjustment to Key Dates
The following Key Dates are modified (list all Key Dates modified; insert N/A if no Key Dates modified):
The Key Date for *N/A will be (increased)(decreased) by *N/A Days.
The Key Date for *N/A as of the date of this Change Order therefore is *N/A Days after NTP.
(list all Key Dates that are modified by this Change Order using the format set forth above)
The Guaranteed Date of *N/A will be (increased)(decreased) by *N/A Days.
The Guaranteed Date of *N/A as of the effective date of this Change Order therefore is *N/A Days after NTP.
(list all Guaranteed Dates that are modified by this Change Order using the format set forth above)
Attached to this Change Order is an updated Schedule E-1 which shall reflect and highlight any adjustment(s) to the Key Dates agreed to in this Change Order. *N/A
*No impact to the Key Dates for engineering and procurement only scope of the above changes is included with this Change Order. However, the impact to Key Dates, if any, regardless of whether arising from the engineering, procurement or implementation scope will be assessed in a separate Change Order, or Change Orders, as required should Owner decide to proceed with incorporation of the above changes into the Train 3 Liquefaction Facility.
Impact to other Changed Criteria (insert N/A if no changes or impact; attach additional documentation if necessary)
Impact on Payment Schedule (including, as applicable, Payment Milestones):
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00252_SCT3061 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Maximum Cumulative Payment Schedule:
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00252_SCT3061 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Minimum Acceptance Criteria: N/A Impact on Performance Guarantees: N/A
Impact on Basis of Design: N/A
Impact on the Total Reimbursement Amount: N/A
Any other impacts to obligation or potential liability of Contractor or Owner under the EPC Agreement: N/A
[A]This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the changes reflected in this Change Order upon the Change Criteria and shall be deemed to compensate Contractor fully for such change subject to the exceptions herein. Initials: SFO Contractor AT Owner
[B]Pursuant to Section 6.4 of the Agreement, this Change Order shall not constitute a full and final settlement and accord and satisfaction of all effects of the change reflected in this Change Order upon the Change Criteria and shall not be deemed to compensate Contractor fully for such change. Initials: ____ Contractor ____ Owner
Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the Agreement without exception or qualification. Except as modified by this and any previously issued Change Orders or any amendments to the Agreement, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. This Change Order represents full and final consideration and/or adjustments for the above change, except as set out above.
| | | | | | | | |
| /s/ Alex Thompson | | /s/ Scott Osborne |
| Owner | | Owner |
| | |
| Alex Thompson | | Scott Osborne |
| Name | | Name |
| | |
| Authorized Person | | Senior Project Manager |
| Title | | Title |
| | |
| July 29, 2025 | | July 29, 2025 |
| Date of Signing | | Date of Signing |
CHANGE ORDER
(for use when the Parties mutually agree upon and execute the Change Order pursuant to Section 6.1D or 6.2C)
| | | | | | | | |
PROJECT NAME: Rio Grande Natural Gas Liquefaction Facility | | DATE OF AGREEMENT: September 15, 2022 |
| | |
AGREEMENT: Amended and Restated Fixed Price Turnkey EPC Agreement for Train 3 | | CHANGE ORDER NUMBER: Owner EC Number: EC00248 Contractor Change Number SCT3062 |
| | |
OWNER: Rio Grande LNG, LLC | | EFFECTIVE DATE OF CHANGE ORDER: August 15, 2025 |
| | |
CONTRACTOR: Bechtel Energy Inc. | | |
| | | | | | | | | | | | | | |
| TITLE: ATTACHMENT KK - CURRENT INDEX VALUE UPDATES FOR Q2-2025 |
The EPC Agreement between the Parties listed above is changed as follows:
BACKGROUND
Pursuant to Section 1.2 of First Amended Attachment KK, the Contract Price will be adjusted quarterly to reflect the cumulative amount of Rise and Fall for the commodities listed in the First Amended Appendix 1 (Commodity Price Rise and Fall Payment Calculations). The commodities as listed in First Amended Appendix 1 (Commodity Price Rise and Fall Payment Calculation) which are subject to Rise and Fall during the Transaction Period of Q2-2025 are:
1.REINFORCING STEEL BAR (REBAR)
2.STAINLESS STEEL PIPE MATERIAL, PIPE, FLANGES
3.CARBON STEEL PIPE MATERIAL, PIPE, FLANGES
4.UAE FABRICATED STRUCTURAL STEEL
5.WIRE AND CABLE (COPPER)
6.CONSTRUCTION FUEL
CHANGE
1.First Amended Attachment KK, First Amended Appendix 1 (Commodity Price Rise and Fall Payment Calculation) shall be updated per the First Amended Appendix 1 (Commodity Price Rise and Fall Calculation) as provided in Attachment 1 to this Change Order.
Attachments to support this Change Order:
Attachment 1 – First Amended Attachment KK, First Amended Appendix 1 (Commodity Price Rise and Fall Payment Calculation), as updated by this Change Order
Attachment 2 – Contract Price Adjustment Calculation
| | | | | | | | | | | | | | |
| Adjustments to Contract Price |
| 1) | The original Contract Price was | $ | 3,042,334,000 | |
| 2) | Net change by previously authorized Change Orders (See Appendix 1) | $ | 161,450,595 | |
| 3) | The Contract Price prior to this Change Order was | $ | 3,203,784,595 | |
| 4) | The Aggregate Equipment Price will be decreased by this Change Order in the amount of | [***] |
| 5) | The Aggregate Labor and Skills Price will be unchanged by this Change Order in the amount of | [***] |
| 6) | The total Aggregate Equipment, Labor and Skills Price will be decreased by this Change Order in the amount of | $ | (1,314,466) | |
| 7) | The new Contract Price including this Change Order will be | $ | 3,202,470,129 | |
Adjustment to Key Dates:
The following Key Dates are modified (list all Key Dates modified; insert N/A if no Key Dates modified)
The Key Date for N/A will be (increased)(decreased) by N/A Days.
The Key Date for N/A as of the date of this Change Order therefore is N/A Days after NTP.
(list all Key Dates that are modified by this Change Order using the format set forth above)
The Guaranteed Date of N/A will be (increased)(decreased) by N/A Days.
The Guaranteed Date of N/A as of the effective date of this Change Order therefore is N/A Days after NTP.
(list all Guaranteed Dates that are modified by this Change Order using the format set forth above)
Attached to this Change Order is an updated Schedule E-1 which shall reflect and highlight any adjustment(s) to the Key Dates agreed to in this Change Order. N/A
Impact to other Changed Criteria: (insert N/A if no changes or impact; attach additional documentation if necessary)
Impact on Payment Schedule (including, as applicable, Payment Milestones):
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00248_SCT3062 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Maximum Cumulative Payment Schedule:
All Impacts to Attachment C (Payment Schedule) resulting from this Change Order EC00248_SCT3062 will be incorporated in Change Order EC00245_SCT3060 to be executed in 3Q-2025.
Impact on Minimum Acceptance Criteria: N/A Impact on Performance Guarantees: N/A
Impact on Basis of Design: N/A
Impact on the Total Reimbursement Amount: The Total Reimbursement Amount is changed from $27,511,735 to $27,413,841, a decrease of $97,894.
Any other impacts to obligation or potential liability of Contractor or Owner under the EPC Agreement: N/A
[A] This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the changes reflected in this Change Order upon the Change Criteria and shall be deemed to compensate Contractor fully for such change, subject to the below: Initials: SFO Contractor AT Owner
[B]Pursuant to Section 6.4 of the Agreement, this Change Order shall not constitute a full and final settlement and accord and satisfaction of all effects of the change reflected in this Change Order upon the Change Criteria and shall not be deemed to compensate Contractor fully for such change. Initials: Contractor Owner
Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the Agreement without exception or qualification. Except as modified by this and any previously issued Change Orders or any amendments to the Agreement, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. This Change Order represents full and final consideration and/or adjustments for the above change, except as set out above.
| | | | | | | | |
| /s/ Alex Thompson | | /s/ Scott Osborne |
| Owner | | Owner |
| | |
| Alex Thompson | | Scott Osborne |
| Name | | Name |
| | |
| Authorized Person | | Senior Project Manager |
| Title | | Title |
| | |
| August 15, 2025 | | August 15, 2025 |
| Date of Signing | | Date of Signing |
CHANGE ORDER
(for use when the Parties mutually agree upon and execute the Change Order pursuant to Section 6.1D or 6.2C)
| | | | | | | | |
PROJECT NAME: Rio Grande Natural Gas Liquefaction Facility | | DATE OF AGREEMENT: September 15, 2022 |
| | |
AGREEMENT: Amended and Restated Fixed Price Turnkey EPC Agreement for Train 3 | | CHANGE ORDER NUMBER: Owner EC Number: EC00245 Contractor Change Number SCT3060 |
| | |
OWNER: Rio Grande LNG, LLC | | EFFECTIVE DATE OF CHANGE ORDER: September 19, 2025 |
| | |
CONTRACTOR: Bechtel Energy Inc. | | |
| | | | | | | | | | | | | | |
| TITLE: ATTACHMENT C – UPDATE FOR Q3 2025 CHANGE ORDERS |
BACKGROUND
Owner and Contractor executed Change Orders to the Agreement that deferred the changes to Attachment C (Payment Schedule). The changes to Attachment C from each of the Change Orders listed in Table 1 (Previously Executed Change Orders Requiring Incorporation into Attachment C) are to be incorporated into Attachment C as provided for in this Change Order EC00245_SCT3060.
Table 1 – Previously Executed Change Orders Requiring Incorporation into Attachment C
[***]
CHANGE
The EPC Agreement between the Parties listed above is changed as follows:
1.First Amended Attachment C, First Amended Appendix 1 (Contract Price Breakdown) – This appendix shall be updated per the Appendix 1 (Contract Price Breakdown) as provided in Attachment 1 to this Change Order.
2.First Amended Attachment C, First Amended Schedule C-2 (Payment Milestones) – This schedule shall be updated per the Schedule C-2 (Payment Milestones) as provided in Attachment 2 to this Change Order.
3.First Amended Attachment C, First Amended Schedule C-3 (Maximum Cumulative Payment Schedule) – This schedule shall be updated per the Schedule C-3 (Maximum Cumulative Payment Schedule) as provided in Attachment 3 to this Change Order.
Attachments to support this Change Order:
Attachment 1 – First Amended Attachment C, First Amended Appendix 1 (Contract Price Breakdown), as updated by this Change Order
Attachment 2 – First Amended Attachment C, First Amended Schedule C-2 (Payment Milestones), as updated by this Change Order
Attachment 3 – First Amended Attachment C, First Amended Schedule C-3 (Maximum Cumulative Payment Schedule), as updated by this Change Order
| | | | | | | | | | | | | | |
| Adjustments to Contract Price |
| 1) | The original Contract Price was | $ | 3,042,334,000 | |
| 2) | Net change by previously authorized Change Orders (See Appendix 1) | $ | 160,136,129 | |
| 3) | The Contract Price prior to this Change Order was | $ | 3,202,470,129 | |
| 4) | The Aggregate Equipment Price will be unchanged by this Change Order in the amount of | $ | — | |
| 5) | The Aggregate Labor and Skills Price will be unchanged by this Change Order in the amount of | $ | — | |
| 6) | The total Aggregate Equipment, Labor and Skills Price will be unchanged by this Change Order in the amount of | $ | — | |
| 7) | The new Contract Price including this Change Order will be | $ | 3,202,470,129 | |
Adjustment to Key Dates
The following Key Dates are modified:
The Key Date for N/A will be (increased)(decreased) by N/A Days.
The Key Date for N/A as of the date of this Change Order therefore is N/A Days after NTP.
The Guaranteed Date of N/A will be (increased)(decreased) by N/A Days.
The Guaranteed Date of N/A as of the effective date of this Change Order therefore is N/A Days after NTP.
Attached to this Change Order is an updated Schedule E-1 which shall reflect and highlight any adjustment(s) to the Key Dates agreed to in this Change Order. N/A
Impact to other Changed Criteria:
Impact on Payment Schedule (including, as applicable, Payment Milestones):
The Schedule C-2 (Payment Milestones) is updated as provided in Attachment 2. Impact on Maximum Cumulative Payment Schedule:
The Schedule C-3 (Maximum Cumulative Payment Schedule) is updated as provided in Attachment 3.
Impact on Minimum Acceptance Criteria: N/A Impact on Performance Guarantees: N/A
Impact on Basis of Design: N/A
Impact on the Total Reimbursement Amount: N/A
Any other impacts to obligation or potential liability of Contractor or Owner under the EPC Agreement: N/A
[A]This Change Order shall constitute a full and final settlement and accord and satisfaction of all effects of the changes reflected in this Change Order upon the Change Criteria and shall be deemed to compensate Contractor fully for such change subject to the exceptions herein. Initials: SFO Contractor AT Owner
[B]Pursuant to Section 6.4 of the Agreement, this Change Order shall not constitute a full and final settlement and accord and satisfaction of all effects of the change reflected in this Change Order upon the Change Criteria and shall not be deemed to compensate Contractor fully for such change. Initials: ________ Contractor _______ Owner
Upon execution of this Change Order by Owner and Contractor, the above-referenced change shall become a valid and binding part of the Agreement without exception or qualification. Except as modified by this and any previously issued Change Orders or any amendments to the Agreement, all other terms and conditions of the Agreement shall remain in full force and effect. This Change Order is executed by each of the Parties’ duly authorized representatives. This Change Order represents full and final consideration and/or adjustments for the above change, except as set out above.
| | | | | | | | |
| /s/ Alex Thompson | | /s/ Scott Osborne |
| Owner | | Owner |
| | |
| Alex Thompson | | Scott Osborne |
| Name | | Name |
| | |
| Authorized Person | | Senior Project Manager |
| Title | | Title |
| | |
| September 19, 2025 | | September 19, 2025 |
| Date of Signing | | Date of Signing |