EXHIBIT 10.62 EXHIBIT "H" AMENDMENT NO. 1 TO AGREEMENT BETWEEN OWNER AND CONTRACTOR APRIL 4, 2001 Pursuant to Paragraph 5.2 of the Agreement, dated January 3, 2000 between BSL, Inc. (Owner) and Roy Anderson Corp (Contractor), for Casino Magic Hotel, Phase I (the Project). The Owner and Contractor establish a Guaranteed Maximum Price and Contract Time for the Work as set forth below. ARTICLE 1 GUARANTEED MAXIMUM PRICE The Contractor's Guaranteed Maximum Price for the Work, including the estimated Cost of the Work as defined in Article 7 and the Contractor's Fee as defined in Article 5 is Twenty Three Million Two Hundred Thirty Five Thousand Eight Hundred Three Dollars ($23,235,803.00), subject to additions and deductions by Change Order as provided in the Contract Documents. The Guaranteed Maximum Price does not include Add Alternate No. 1: Ballroom, Prefuction, & Ancillary Areas Build-out. This price is for the performance of the Work in accordance with the Contract Documents listed and attached to this Amendment and marked Exhibits A, B, C, D, and E as follows: EXHIBIT A - Drawings and Specifications on which the Guaranteed Maximum Price is based. Pages 1 through 10 dated 3/19/01 EXHIBIT B - Contractor's Scope Summary (B-1), GMP Estimate with Allowances (B-2), and Schedule (B-3). Pages 1 through 7 dated 4/4/01. EXHIBIT C - Add Alternate No. 1: Ballroom, Prefunction, & Ancillary Areas Build-out (Not included in Guaranteed Maximum Price) Pages 1 through 1 dated 4/4/01. EXHIBIT D - Contractor's Self-Perform Work. Pages 1 through 1 dated 3/19/01. EXHIBIT E - Contractor's Supervisory Personnel. Pages 1 through 1 dated 3/19/01. ARTICLE II CONTRACT TIME The date of Substantial Completion established by this Amendment is: 5/09/02. OWNER: BSL, INC. CONTRACTOR: By: By: ---------------------------- -------------------------- Jim Hardin, Jr. - V.P. of Construction Date: Date: April 4, 2001 -------------------------- -------------------------- EXHIBIT "A" MARCH 19, 2001 DRAWINGS: DRWG # DESCRIPTION DATE ISSUED DATEREV REV - ------ ----------- ----------- ------- --- A000 Cover Sheet/Index of Drawings 8/25/00 9/25/00 2 A001 Abbrev., Symbols, Gen Notes, Code Summary 8/25/00 9/25/00 2 A002 Abbrev., Symbols, Gen Notes, Code Summary 8/25/00 9/25/00 2 A003 Existing Site Plan 8/25/00 9/25/00 2 A004 Overall Site Plan 8/25/00 9/25/00 2 A005 Existing/Demolition First Floor Plan 8/25/00 9/25/00 2 A006 Existing/Demolition Second Floor Plan 8/25/00 9/25/00 2 FIRE RATED PARTITION PLANS - -------------------------- A020 Hotel Fire Rated Partition Plans 8/25/00 9/25/00 2 A021 Hotel Fire Rated Partition Plans 8/25/00 9/25/00 2 FLOOR AND ROOF PLANS - -------------------- A100 First Floor Plan - Part A 8/25/00 9/25/00 2 A101 First Floor Plan - Part B 8/25/00 9/25/00 2 A102 Second Floor Plan - Part A 8/25/00 9/25/00 2 A103 Roof Plan 8/25/00 9/25/00 2 A104 Enlarged Hotel Entry Plan 9/25/00 1 A105 Enlarged Restaurant/Kitchen Plan 9/25/00 1 A106 Enlarged Spa Plan 9/25/00 1 A107 Enlarged Plans - Service Area 9/25/00 1 A110 Hotel First and Mezzanine Floor Plans 8/25/00 9/25/00 2 A111 Hotel Typical (02-120 and VIP (13th) Floor Plans 8/25/00 9/25/00 2 A112 Hotel Roof Plan 8/25/00 9/25/00 2 A120 Enlarged Renovation First Floor Plan 9/25/00 1 A121 Enlarged Renovation Second Floor Plan 9/25/00 1 ELEVATIONS - ---------- A200 Casino South Elevations 8/25/00 9/25/00 2 A201 Casino North Elevations 8/25/00 9/25/00 2 A210 Hotel South Elevation 8/25/00 9/25/00 2 A211 Hotel West & East Elevation 8/25/00 9/25/00 2 A212 Hotel North Elevation 8/25/00 9/25/00 2 1 DRWG # DESCRIPTION DATE ISSUED DATEREV REV - ------ ----------- ----------- ------- --- A220 Enlarged Elevations 8/25/00 9/25/00 2 A230 Service/Ballroom Elevations 8/25/00 9/25/00 2 A240 Function Interior Elevations 8/25/00 9/25/00 2 BUILDING SECTIONS - ----------------- A300 Function Building Sections 8/25/00 9/25/00 2 A310 Hotel Building Sections 8/25/00 9/25/00 2 ENLARGED PLANS, ELEVATIONS & SECTIONS (1/4" = 1'-0") - ---------------------------------------------------- A410 Hotel Enlarged Room Plans 8/25/00 9/25/00 2 A411 Hotel Enlarged Room Elevations 8/25/00 9/25/00 2 A412 Hotel Enlarged Toilet Plans and Elevations 8/25/00 9/25/00 2 A413 Hotel Enlarged Core Plans 8/25/00 9/25/00 2 A420 Hotel Enlarged Wall Sections 8/25/00 9/25/00 2 A450 Hotel Enlarged Elevations 8/25/00 9/25/00 2 EXTERIOR DETAILS (1 1/2" = 1'-0") - --------------------------------- A510 Function Wall Sections 8/25/00 9/25/00 2 A512 Function Wall Sections 8/25/00 9/25/00 2 A515 Function Sections Details 8/25/00 9/25/00 2 A520 Hotel Plan Details 8/25/00 9/25/00 2 A521 Hotel Plan Details 8/25/00 9/25/00 2 A530 Hotel Wall Section Details 8/25/00 9/25/00 2 A531 Hotel Wall Section Details 8/25/00 9/25/00 2 SCHEDULES - --------- A600 Partition Schedule 8/25/00 9/25/00 2 A601 Partition Schedule 8/25/00 9/25/00 2 A602 Window Elevations & Glazing Types 8/25/00 9/25/00 2 A603 Door Elevations & Details 8/25/00 9/25/00 2 STAIRS - ------ A700 Function Stair Plans & Sections 8/25/00 9/25/00 2 A710 Hotel Stair Plans, Sections & Details 8/25/00 9/25/00 2 A711 Hotel Stair Plans, Sections & Details 8/25/00 9/25/00 2 ELEVATORS AND ESCALATORS - ------------------------ A810 Hotel Elevator Plans, Sections & Details 8/25/00 9/25/00 2 2 DRWG # DESCRIPTION DATE ISSUED DATEREV REV - ------ ----------- ----------- ------- --- REFLECTED CEILING PLANS - ----------------------- A900 Function First Floor RCP - Part A 8/25/00 9/25/00 2 A901 Function First Floor RCP - Part B 8/25/00 9/25/00 2 A902 Function Second Floor Plan - Part A 8/25/00 9/25/00 2 A903 Function Enlarged Hotel Entry RCP 9/25/00 1 A904 Function Enlarged Elevator & Corridor RCP 9/25/00 1 A905 Function Enlarged Spa RCP 9/25/00 1 A906 Function Enlarged Ballroom RCP 9/25/00 1 A910 Hotel 1st and Mezzanine Floor RCP 8/25/00 9/25/00 2 A911 Hotel Typ. (02-12) and VIP (13th ) Floor RCP 8/25/00 9/25/00 2 STRUCTURAL - ---------- S000 General Notes 8/25/00 1 S010 Load Key Sheet 8/25/00 1 S011 Load Key Sheet 8/25/00 1 S012 Load Key Sheet 8/25/00 1 S040 Typical Concrete Details 8/25/00 1 S050 Typical Steel Details 8/25/00 1 S100 Hotel Foundation Plan 8/25/00 1 S101 Lowrise Foundations Framing Plan 8/25/00 1 S102 Central Plant Foundation Plan 8/25/00 1 S110 Hotel Mezzanine Plan 8/25/00 1 S111 Lowrise Roof Framing Plan 8/25/00 1 S112 Central Plant Framing Plan 8/25/00 1 S120 Hotel Second Framing Plan 8/25/00 1 S130 Hotel Typical Framing Plan 8/25/00 1 S140 Hotel Roof Plan 8/25/00 1 S150 Hotel Mansard and Penthouse Plan 8/25/00 1 S200 Hotel Wall Elevations 8/25/00 1 S201 Hotel Wall Elevations 8/25/00 1 S202 Hotel Wall Elevations 8/25/00 1 S203 Hotel Wall Elevations 8/25/00 1 S204 Hotel Wall Elevations 8/25/00 1 S205 Hotel Wall Elevations 8/25/00 1 S206 Hotel Section Thru Penthouse 8/25/00 1 S210 Central Plant Elevations 8/25/00 1 S500 Foundation Details 8/25/00 1 S520 Hotel Post Tensioning Plans 8/25/00 1 3 DRWG # DESCRIPTION DATE ISSUED DATEREV REV - ------ ----------- ----------- ------- --- S521 Hotel Post Tensioning Plans 8/25/00 1 S522 Hotel Post Tensioning Plans 8/25/00 1 S523 Hotel Post Tensioning Plans 8/25/00 1 S551 Low Rise Steel Details 8/25/00 1 S570 Hotel Light Gauge Details 8/25/00 1 S580 Hotel Column Schedule & Detail 8/25/00 1 S590 Hotel Beam Schedule & Details 8/25/00 1 MECHANICAL - ---------- M100 First Floor HVAC & Piping Plan - Part A 8/25/00 1 M111 First Floor HVAC & Piping & Schematics 8/25/00 1 M112 Mezzanine Piping & Schematic Plans 8/25/00 1 M113 Mezzanine HVAC Plan 8/25/00 1 M114 2nd - 12th Floor HVAC/Piping & Schemtaic Plan 8/25/00 1 M115 HVAC Roof Plan 8/25/00 1 M200 Chilled Water Supply & Return 8/25/00 1 M201 Chilled Water Supply & Return 8/25/00 1 M300 Chilled Water Supply & Return 8/25/00 1 M301 Chilled Water Supply & Return 8/25/00 1 M400 Equipment Schedules 8/25/00 1 PLUMBING - -------- P102 Mezzanine Ceiling 8/25/00 1 P103 Plumbing Hotel 02 - 12th Floors 8/25/00 1 P104 Plumbing Hotel 13th Floor 8/25/00 1 P301 Waste Riser Diagrams 8/25/00 1 P302 Domestic Water Riser Diagrams 8/25/00 1 ELECTRICAL - ---------- E201 Typical 02-12 Level Corridor Plan 8/25/00 1 E202 Typical VIP Level Corridor Plan 8/25/00 1 E401 Hotel Plan - First Floor 8/25/00 1 E402 Hotel Mezzanine Plan 8/25/00 1 E403 Typical 02-12 Level Room Plans 8/25/00 1 E404 Typical VIP Level Room Plans 8/25/00 1 E405 Central Plant Plan 8/25/00 1 4 DRWG # DESCRIPTION DATE ISSUED DATEREV REV - ------ ----------- ----------- ------- --- E501 Electrical One Line Diagram 8/25/00 1 DRAWING UPDATES AND SKETCHES - ---------------------------- A100a First Floor Plan - Part A Renovations 9/25/00 10/4/00 2 A102a Second Floor Plan - Part A Renovations 9/25/00 10/4/00 2 ASK-001 Overall Structural Grid 9/26/00 1 ASK-002 South Ballroom Structure 9/26/00 1 ASK-003 North Ballroom Structure 9/26/00 1 ASK-004 Ballroom Truss 9/26/00 1 ASK-005 Truss Details 9/26/00 1 5 SPECIFICATIONS SECTION 00005 TABLE OF CONTENTS VOLUME I DATE ISSUE ---- ----- DIVISION 0 - BIDDING REQUIREMENTS, CONTRACT FORMS AND CONDITIONS OF THE CONTRACT 00005 Table of Contents 3/16/01 #3 Permit 00700 General Conditions and Supplementary Conditions of the Contract 3/16/01 #3 00860 List of Drawings 3/16/01 #3 (Note: For list of drawing updates/changes refer to Bulletins #1 thru #4. Index not changed in Spec.) SPECIFICATIONS DIVISION 1 - GENERAL REQUIREMENTS 01000 General Provisions 3/16/01 #3 01005 Administrative Provisions 3/16/01 #3 01021 Cash Allowances 3/16/01 #3 01040 Project Contract Coordination 3/16/01 #3 01050 Field Engineering 3/16/01 #3 01090 Reference Standards 3/16/01 #3 01200 Project Meetings 3/16/01 #3 01300 Submittals 3/16/01 #3 01310 Construction Schedules and Reports 3/16/01 #3 01410 Testing Laboratory Services 3/16/01 #3 01440 Contract Quality Control 3/16/01 #3 01500 Construction Facilities and Temporary Controls 3/16/01 #3 01600 Material and Equipment 3/16/01 #3 01700 Contract Closeout 3/16/01 #3 01730 Operation and Maintenance Data 3/16/01 #3 01740 Warranties and Bonds 3/16/01 #3 DIVISION 2 - SITE WORK 02050 Site Demolition 3/16/01 #3 02111 Clearing and Grubbing 3/16/01 #3 02221 Select Bedding and Foundation Material 3/16/01 #3 02226 Roadway Excavation and Embankment 3/16/01 #3 6 VOLUME I DATE ISSUE ---- ----- 02227 Excavating and Backfilling for Structures 3/16/01 #3 02234 Granular Base Course (Limestone) 3/16/01 #3 02363 Timber Piles 3/16/01 #3 02368 Cast Auger Piles 3/16/01 #3 02458 Precast Concrete Piles 3/16/01 #3 02512 Hot Bituminous Pavement 3/16/01 #3 02520 Non-Reinforced Concrete Pavement 3/16/01 #3 02521 Curb and Combination Curb & Gutter 3/16/01 #3 02522 Concrete Sidewalks and Driveways 3/16/01 #3 02580 Painted Traffic Markings 3/16/01 #3 02660 Water Distribution System 3/16/01 #3 02685 Gas Distribution Systems 3/16/01 #3 02721 Cast-in-Place Concrete Structures 3/16/01 #3 02722 Concrete Culvert Pipe 3/16/01 #3 02723 High Density Polyethylene Drainage Pipes and Structures 3/16/01 #3 02730 Gravity Sanitary Sewers 3/16/01 #3 DIVISION 3 - CONCRETE 03011 Concrete Testing 3/16/01 #3 03100 Concrete Formwork 3/16/01 #3 03200 Concrete Reinforcement and Accessories 3/16/01 #3 03300 Cast-in-Place Concrete 3/16/01 #3 03345 Concrete Finishes 3/16/01 #3 03425 Post-Tensioned Concrete 3/16/01 #3 03455 Glass Fiber Reinforced Concrete 3/16/01 #3 DIVISION 4 - MASONRY 04100 Mortar and Masonry Grout 3/16/01 #3 04110 Non-Shrunk Grout 3/16/01 #3 04450 Cut Stone Veneer 3/16/01 #3 DIVISION 5 - METALS 05120 Structural Steel 3/16/01 #3 05200 Steel Joists 3/16/01 #3 05310 Metal Roof Deck 3/16/01 #3 05320 Metal Floor Deck 3/16/01 #3 05400 Cold Formed Metal Framing 3/16/01 #3 05500 Metal Fabrications 3/16/01 #3 05510 Metal Stairs, Ladders and Railings 3/16/01 #3 05517 Alternating Tread Steel Stairs 3/16/01 #3 05520 Handrails and Railings 3/16/01 #3 05700 Ornamental Metals 3/16/01 #3 05805 Expansion Joint Assemblies 3/16/01 #3 7 VOLUME I DATE ISSUE ---- ----- DIVISION 6 - WOOD & PLASTICS 06100 Rough Carpentry 3/16/01 #3 06114 Wood Blocking and Curbing 3/16/01 #3 06200 Finish Carpentry 3/16/01 #3 06410 Custom Casework 3/16/01 #3 06620 Cast Plastic Fabrications 3/16/01 #3 DIVISION 7 - THERMAL & MOISTURE PROTECTION 07110 Sheet membrane Waterproofing 3/16/01 #3 07140 Metallic Waterproofing 3/16/01 #3 07190 Vapor Barriers 3/16/01 #3 07212 Board Insulations 3/16/01 #3 07213 Batt and Blanket Insulation 3/16/01 #3 07218 Sprayed Insulation 3/16/01 #3 07241 Exterior Insulation and Finish System 3/16/01 #3 07255 Cementitious Fireproofing 3/16/01 #3 07270 Firestopping 3/16/01 #3 07468 Metal Siding 3/16/01 #3 07550 Modified Bituminous Membrane Roofing 3/16/01 #1 07610 Sheet Metal Roofing 3/16/01 #3 07612 Fabric Roofing 3/16/01 #3 07620 Sheet Metal Flashing and Trim 3/16/01 #3 07724 Roof Hatches 3/16/01 #3 07900 Joint Sealers 3/16/01 #3 DIVISION 8 - DOOR & WINDOWS 08111 Standard Steel Doors 3/16/01 #3 08112 Standard Steel Frames 3/16/01 #3 08211 Flush Wood Doors 3/16/01 #3 08305 Access Doors 3/16/01 #3 08331 Overhead Coiling Doors 3/16/01 #3 08350 Mirrored Closet Doors 3/16/01 #3 08410 Aluminum Entrances and Storefronts 3/16/01 #3 08520 Aluminum 3/16/01 #3 08620 Skylights 3/16/01 #3 08710 Door Hardware 3/16/01 #3 08721 Automatic Door Equipment 3/16/01 #3 08800 Glazing 3/16/01 #3 8 VOLUME I DATE ISSUE ---- ----- DIVISION 9 - FINISHES 09260 Gypsum Board Systems 3/16/01 #3 09300 Ceramic and Quarry Tile 3/16/01 #3 09511 Suspended Ceilings 3/16/01 #3 09650 Resilient Flooring 3/16/01 #3 09720 Vinyl Wall Covering 3/16/01 #3 09900 Painting 3/16/01 #3 09910 Textured Acrylic Coatings 3/16/01 #3 09911 Aggregated Decorative Spray Texture Finish 3/16/01 #3 09999 Schedules 3/16/01 #3 VOLUME II DIVISION 10 - SPECIALTIES 10165 Plastic Laminate Toilet Compartments 3/16/01 #3 10211 Fixed Metal Wall Louvers 3/16/01 #3 10260 Corner Guards 3/16/01 #3 10500 Metal Lockers 3/16/01 #3 10522 Fire Extinguishers, Cabinets and Accessories 3/16/01 #3 10536 Awnings 3/16/01 #3 10651 Operable Panel Partitions 3/16/01 #3 10800 Toilet and Bath Accessories 3/16/01 #3 10820 Shower Partitions and Doors 3/16/01 #3 10914 Coat Rack and Accessories 3/16/01 #3 DIVISION 11 - EQUIPMENT 11160 Dock Equipment 3/16/01 #3 11165 Dock Bumpers 3/16/01 #3 11400 Food Facilities Equipment 3/16/01 #3 DIVISION 12 - FURNISHINGS 12692 Floor mats 3/16/01 #3 DIVISION 13 - SPECIAL CONSTRUCTION Not Used 9 VOLUME II DATE ISSUE ---- ----- DIVISION 14 - CONVEYING SYSTEMS 14210 Electric Traction Elevators 3/16/01 #3 14240 Hydraulic Elevators 3/16/01 #3 14310 Escalators 3/16/01 #3 14560 Linen and Rubbish Chutes 3/16/01 #3 DIVISION 15 - MECHANICAL 15010 General Provisions 3/16/01 #2 15050 Basic Materials and Methods 3/16/01 #2 15180 Insulation 3/16/01 #2 15200 Soil and Waste System 3/16/01 #2 15225 Plumbing Fixtures, Accessories and Trim 3/16/01 #2 15250 Plumbing Equipment 3/16/01 #2 15705 Chemical Cleaning and Treatment 3/16/01 #2 15800 Heating and Air Conditioning Equipment 3/16/01 #2 15810 Air Distribution 3/16/01 #2 15825 Balancing and Adjusting 3/16/01 #2 15900 Building Automation and Temperature Control System 3/16/01 #2 DIVISION 16 - ELECTRICAL 16000 Electrical General Requirements 3/16/01 #2 16100 Basic Electrical Materials and Methods 3/16/01 #2 16200 Raceway Systems 3/16/01 #2 16300 Wire, Cable and Devices 3/16/01 #2 16400 Service and Distribution 3/16/01 #2 16500 Lighting 3/16/01 #2 16700 Communications 3/16/01 #2 16800 Fire Alarm and Smoke Detection System 3/16/01 #2 10 EXHIBIT "B-1" CASINO MAGIC HOTEL, PHASE I BAY ST. LOUIS, MISSISSIPPI CONTRACTOR'S SCOPE SUMMARY April 4, 2001 We have based our estimate on the drawings and specifications shown in Exhibit "A". Following is a scope summary with attention brought to items that are assumptions used and/or subcontractor clarifications. Basic Estimate Criteria: o Sitework o Hotel Building o Low Rise Addition o Central Plant o Ballroom - Shell Building Only o We have included the cost of providing general liability insurance for the project. GENERAL REQUIREMENTS - -------------------- o We have included temporary sanitary facilities, temporary lighting, temporary telephone, temporary heat, electrical distribution, drinking water, and temporary fire protection as required. o We have assumed that all design documentation, as may be required for the successful prosecution of the work, will be provided by the architect (except for design-build elements as noted). o The cost of all materials testing that may be required is not included in the estimate. We assume that these services will be contracted for directly by the Owner. o The cost of initial professional engineering line and grade control is not included in the estimate. We assume that these services will be provided by the Owner's civil engineer. DIVISION 2: SITEWORK - -------------------- o We have included all sitework elements shown on the civil plans dated 2/2/01. o We have not included irrigation and landscape. DIVISION 3: CONCRETE - -------------------- o We have included all concrete as shown on the structural plans dated 2/12/01. DIVISION 4: MASONRY - ------------------- o The only masonry work in the project is in a retaining wall and that is included in Division 2. CASINO MAGIC HOTEL, PHASE I CONTRACTOR'S SCOPE SUMMARY PAGE 2 OF 5 DIVISION 5: STEEL - ----------------- o We have included all structural steel as shown on the structural plans dated 2/12/01. DIVISION 6: CARPENTRY - --------------------- o We have included all interior millwork items as shown on the drawings, or as outlined in allowances, in the hotel tower, low rise addition, and ballroom. DIVISION 7: THERMAL & MOISTURE PROTECTION - ----------------------------------------- o For the Exterior Insulated Finish System we have included: 1. The use of Class PB 2" standard Exterior Insulated Finish System as manufactured by Parex or equivalent. 2. Manufacturers standard medium sand or textured finish in no more than 3 integral colors. 3. Heavy duty mesh at all high-traffic areas up to 8'0" above finish floor or grade. 4. Manufacturers standard 5 year warranty. 5. No reveals, EPS board thicker than 2" or Ameristone is included. o We have included fireproofing of the structural steel as required by code. o We have included Roofing Systems: 1. Modified Bitumen Roof Systems with a roof insulation system consisting of one (1) layer of 2" polyisocyanurate and one layer of 3/4" perlite insulation for a combined R-value of 16.38, and a twelve (12) year no dollar limit roof warranty. 2. All standing seam metal roofing and sheet metal flashing will be fabricated from 24 gauge galvanized metal with a Kynar 500 (20) year paint finish warranty. DIVISION 8: DOORS, FRAMES, & GLAZING - ------------------------------------ o We have included public area and back of house doors based on the use of wood doors with a plastic laminate face installed in metal frames. o We have included glass, glazing, storefront and entrances: 1. Fixed opening above the 1st floor to be FG-123 aluminum frames. 2. Storefront openings on the 1st floor to be 451 Tri-Fab Flush Glaze 3. Door Stiles to be medium 350 with panic hardware. 4. Glass to be 1" insulated tinted (green) over low "E" safety glass as required. 5. Skylight (insulated tinted safety glass). o We have included a guest entry Tesa card lock system with front desk station and portable programmer. DIVISION 9: FINISHES - -------------------- o We have included metal framing, drywall and ceilings per plans. CASINO MAGIC HOTEL, PHASE I CONTRACTOR'S SCOPE SUMMARY PAGE 3 OF 5 o We have included a flat acoustical ceiling in the ballroom with no furr downs. o We have included tile, stone and VCT per plans. o Carpet is owner furnished and owner installed. o We have included painting. o We have included installation of owner furnished vinyl wall covering. o The second floor restaurant and kitchen is included as a shell only. DIVISION 10: SPECIALTIES - ------------------------ o We have included entrance mats, a linen chute, toilet compartments, toilet accessories, louvers, wall and corner guards, flag poles, fire extinguishers with cabinets, and operable partitions. o Exterior and interior signage is provided and installed by the owner. o Closet and linen racks are provided and installed by the owner. DIVISION 11: EQUIPMENT - ---------------------- o The cost of providing and installing the kitchen and food service equipment is not included in this estimate. We do include the cost associated with mechanical and electrical hook-up of this Owner furnished equipment. o We have included a dock leveler and bumpers. DIVISION 12: FURNISHINGS - ------------------------ o No work included in this section. DIVISION 13: SPECIAL CONSTRUCTION - --------------------------------- o We have included an allowance for all pools and pool related work. o We have not included cost for the sauna package, steam room equipment, nor other spa equipment. CASINO MAGIC HOTEL & RESTAURANT CONTRACTOR'S SCOPE SUMMARY PAGE 4 OF 5 DIVISION 14: CONVEYING SYSTEMS - ------------------------------ o We have included Montgomery Kone elevators as follows: 1. Three (3) EcoSystem MR AC gearless traction passenger elevators with a capacity of 3,500 lbs., a speed of 400 fpm, Miprom Selective Collective Three Car Group Operation, and Kone's Series 220 design fixtures. 2. One (1) EcoSystem MR AC gearless traction service elevator with a capacity of 4,000 lbs., a speed of 400 fpm, Miprom Selective Collective Simplex Operation, and Kone's Series 220 design fixtures. 3. The highest stop for all elevators is the 14th floor. No elevator will go to the roof level. DIVISION 15: MECHANICAL - ----------------------- o PLUMBING AND HVAC We have used MCC's design build estimate for the plumbing and HVAC system as shown on mechanical plans dated 2/9/01. o FIRE PROTECTION We have used Fire Protection System's design build estimate for the fire protection system. Fire Protection System's estimate includes Fire Protection for the hotel tower, central plant, a diesel fire pump, and underground piping. DIVISION 16: ELECTRICAL - ----------------------- We have used Haynes Electric's design build estimate for the electrical system as shown on electrical plans dated 2/9/01. QUALIFICATIONS & EXCLUSIONS - --------------------------- o Performance and material payment bonds are not included in our price. o Any permits other than building permits are not included. o Design fees are not included in our price (except as noted otherwise). o We have made no allowance for unforeseen underground conditions or obstructions. o We have not included any moneys for removal or replacement of contaminated soils. o No power company fees or charges are included. o Builder's risk insurance shall be provided by the owner. o We have assumed that the owner will arrange for the installation of, and pay for all waste handling and food service equipment (including any coolers and freezers). o All window coverings, furniture, artwork, sculpture, and rugs shall be the responsibility of the owner. o Our estimate does not include any cost for Mississippi Power charges for bringing power to the site. CASINO MAGIC HOTEL & RESTAURANT CONTRACTOR'S SCOPE SUMMARY PAGE 5 OF 5 o This estimate does not include the cost of fees or charges by the Gas Company for bringing service to the site. o Costs associated with build-out of the ballroom, prefunction, and ancillary areas are included in Add Alternate No. 1 and are not included in the Guaranteed Maximum Price. EXHIBIT "B-2" GMP ESTIMATE WITH ALLOWANCES APRIL 4, 2001 SITEWORK, HOTEL TOWER, LOW ADDITION, CENTRAL PLANT & BALLROOM $21,459,369 ALLOWANCE ITEMS 3-Meal Restaurant Finish Out 400,000 Gas Service Line 5,000 Expansion Joint 5,500 Mock Up Room 30,000 Warehouse Mock Up 100,000 Tub Deck & Risers @ Resort and Jr. Rooms 27,734 Cabanna 24,200 Pool Deck 96,000 Swimming Pool (Surface Area) 137,500 Wading Pool (Surface Area) 13,500 Interior Finishes /Passenger Elevators 24,000 Whirlpool Tubs 60,000 Relocate Utilities 50,000 Pool Drainage & Outside Bars 10,000 Interior Light Fixture 200,000 Exterior Light Fixture 50,000 Parking Lot Lighting 28,000 Electrical @ Pool 15,000 - -------------------------------------------------------------------------------- TOTAL ALLOWANCES $1,276,434 CONTINGENCY 500,000 GRAND TOTAL $1,776,434 - -------------------------------------------------------------------------------- TOTAL CONTRACT SUM $23,235,803 EXHIBIT "C" ADD ALTERNATE NO. 1: BALLROOM, PREFUNCTION, & ANCILLARY AREAS BUILD-OUT APRIL 4, 2001 DESCRIPTION: Add interior build-out including interior partitions, drywall, fiberglass reinforced panels, acoustical ceiling tile, flooring, drywall finish, paint, vinyl wall covering, operable partitions, plumbing, HVAC and electrical for the following areas: Ballroom B116, Function Area B110, Lobby B100, Board Room B101, Storage B102, Banquet Kitchen B103, Temp. Kitchen Storage B105, Future Service Lobby B106, Corridor B109, Part. Storage B112, Part. Storage B113, Part. Storage B114, Part. Storage B117, Part. Storage B119, Service Area B126, Banquet Service B127, Service Area B131, Service Corridor B133, Storage B134. Doors and Finish Hardware 8,800 Drywall / FRP / Acoustical Ceiling 105,162 Flooring 20,677 Drywall Finish / Paint / Vinyl Wall Covering Installation 44,514 Operable Partitions 151,683 Plumbing and HVAC 232,000 Electrical 225,000 Electrical Dimming Allowance 15,000 Ballroom, Prefunction, and Public Space Interior Upgrade Allowance 150,000 Finish Carpentry Allowance @ Ballroom 9,500 Contingency 150,000 Fee 47,274 Gross Receipts Tax 40,586 --------- Total Alternate No. 1 Amount 1,200,197 Amount assumes that work will be done concurrent with overall project schedule. EXHIBIT "D" MARCH 19, 2001 CONTRACTORS SELF PERFORM WORK (Exclusive of General Conditions) LABOR MATERIAL EQUIPMENT ---------- ---------- ---------- Building Demolition $ 56,730 $ 3,440 Site Excavation and backfill $ 101,122 $ 14,888 $ 52,238 Site Concrete $ 16,227 $ 24,513 Concrete (Includes items below) $ 603,961 $1,326,133 $ 65,088 Foundation Work (excluding piling) Horizontal and Vertical Concrete Formwork Vertical Concrete Placement Hoisitng $ 82,072 $ 74,674 $ 218,400 Masonry $ 2,768 $ 6,580 $ 7,000 Metals $ 7,679 $ 678,527 Rough Carpentry $ 76,658 $ 174,337 $ 3,477 Fireproof Sealants $ 2,500 Installation of doors and hardware $ 137,770 $ 436,600 Installation of Division 10 items $ 32,243 $ 100,880 ---------- ---------- ---------- $1,119,730 $2,837,132 $ 349,643 Page 1 EXHIBIT "E" Contractors Supervisory Personnel Project Manager - Judson McLeod Assistant Project Manager - Steven Linton Project Coordinator - Jerry Waugh Superintendent - John Morgan Assistant Superintendent - To be named Concrete Superintendent - To be named Finish Superintendent - To be named Ballroom Superintendent - To be named