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Estimated Budget for BADGER LNG conversion HARDWARE PRICING (supplied by G.R.

Bowler) BMS (4 BOILERS) ACC (4 BOILERS AND PLANT) LNG STORAGE TANKS (2) STEAM FLOWMETERS (6) GAS FLOWMETERS (4) SALWICO GAS DETECTOR SYSTEM UPS SYSTEM W/ XFER SW & BATTERY BOX HOFFMANTYPE STEEL ENCLOSURES HMI ENCLOSURES FOR BRIDGE, C/E OFFICE & CREWS' MESS FLAT PANEL HMI PCS FOR REMOTE PANELS BOILER ROOM HMI PANELS VORTEX COOLERS FOR HOT AREA HMI PANELS TRANSMITTERS CONTROL & BLOCK VALVES SECOND DRUM LEVEL (KTek) FLAME SCANNERS (Fireye) ZEECO LOW NOX BURNER FD FANS WITH BALDOR MOTORS WIRE, CONDUIT AND CABLES INSTALLATION AND TESTING ONSITE BURNER TESTING TO 90% BURNER (Bowler) ENGINEERING AND ABS CERTIFICATION BUNKERING CONTROL AND SAFETY SYSTEM DEMOLITION OF COAL BUNKER SPACES PIPING FROM BOILERS TO STORAGE TANKS (INCLUDING Installation) SHIPYARD COSTS

$ 206,684.00 $ 295,196.00 $ 3,260,897.00 * $ 59,553.00 $ 50,325.00 $ 52,515.00 $ 20,133.00 $ 17,918.00 $ 2,250.00 $ 15,000.00 $ 1,500.00 $ 3,174.00 $ 143,515.00 $ 158,362.00 $ 34,614.00 $ 19,404.00 $ 435,800.00 $ 6,900.00 $ 18,000.00 $ 35,969.00 $ 1,016,000.00 $ 518,000.00 $ 36,245.00 $ 778,000.00 * $ 2,539,000.00 $ 9,724,954.00

*The desired LNG tank storage location is in the existing coal bunker space. Tanks storage below passenger accomodations has not received ABS or USCG approval at this time. Alternate tank storage locations have been identified, but the cost of utilizing those areas has not been calculated.

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