Valuation

Chartered Quantity Surveyor: Christie & Partners St Ronans Dalkeith Road DUNDEE DD4 6JU

Works: Mosque Development Brown Street Dundee

Valuation Nr : 27 Date of Issue : 1 June 2001 QS Reference : BCS

To Architect Lucas Dow Design Studio Unit 1 10 Milton Street Dundee DD3 6QQ

We have made under the terms of the Contract, an Interim Valuation as at 1 June 2001 and we report as follows:Gross Valuation (excluding any work or material notified to us by the Architect in writing, as not being in accordance with the Contract). Less total amount of Retention, as attached Statement.

1,172,339

41,311

Employer Dundee Islamic Society Brunal Road Wester Gourdie Industrial E Dundee DD2 4TG

1,131,028
Less total amount stated as due in Interim Certificates previously issued by the Architect up to and including Interim Certificate No.........26.........

1,129,609

Balance ( in words )

OneThousand Four Hundred and Nineteen Pounds

1,419

Contractor Forman Construction Ltd 6 Donalds Lane Lochee Dundee DD2 4PT

Signature

Chartered Quantity Surveyor FRICS / ARICS (delete as applicable)

Contract Sum 934,664.55

Notes (1) All the above amounts are exclusive of V.A.T. (2) The balance stated is subject to any statutory deductions which the Employer may be obliged to make under the provisions of the Finance (Nr. 2) Act 1975 where the Employer is classed as a Contractor for the purposes of the Act. (3) It is assumed that the Architect will :(a) satisfy himself that there is no further work or material which is not in accordance with the Contract. (b) notify Nominated Sub-Contractors of payments directed for them and of Retention held therein by the Employer. (c) satisfy himself that the previous payments directed for Nominated Sub-Contractors have been discharged. *(4) The Architect`s Interim Certificate should be issued within seven days of the date indicated thus (5) Action by the Contractor should be taken on the basis of figures in, or attached to, the Architect`s Interim Certificate. Contractor Employer Architect Q.S.

Statement of Retention and of Nominated Sub-Contractors` Values

Quantity Surveyor Christie & Partners St Ronans Dalkeith Road DUNDEE DD4 6JU Works Mosque Development Brown Street Dundee
Amount subject to : Gross Valuation Full Retention of 5 % Half Retention of 2.5 % Defective Workmanship

Valuation 27 Date of Issue 1 June 2001 Q.S.Reference BCS

Amount of Retention Net Valuation Amount Previously Certified Balance

Main Contractor
Nominated Sub-Contractors Jaydee Heating Ltd Express Evans Lifts J Blake & Co Ltd TQR Fersina Windows Legge Steel ( Fabs ) Ltd Ward Building Services Ltd McGill Electrical Ltd

656,611

21,023

635,588

4,000

20,941

635,670

635,670

109,901 17,173 69,857 41,511 166,845 9,356 19,085 82,000 19,085

109,901 17,173 69,857 41,511 166,845 9,356 3,000

2,748 429 1,746 1,038 7,171 234 954

107,153 16,744 68,111 40,473 159,674 9,122 18,131 75,950

105,734 16,744 68,111 40,473 159,674 9,122 18,131 75,950

1,419

82,000

4,000

6,050

Total

1,172,339

40,108

1,132,231

11,000

41,311

1,131,028

1,129,609

1,419

No account has been taken of any discounts for cash to which the Contractor may be entitled if discharging the balance within 17 days of the issue of the Architect`s Interim Certificate. The sums stated are exclusive of V.A.T.