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EXHIBIT "(-2" DPR Construction, Inc. 1450 Veterans Blvd Redwood City, CA 94063 Tel: (650) 474-1450 Fax: (650) 474-1451 I (QIP;R Constru(.1iun 1m:. City of Redwood City Attn: Paul Willis 1017 Middlefield Road Redwood City, CA 94063 March 7, 2006 re: City of Redwood City Courthouse Square - Scope Summary Dear Paul: DPR proposes to provide preconstruction, construction management and general contractor services for the City of Redwood City Courthouse Square Project. The project itself consists of concrete flatwork, two pavilions, fountains, landscaping and site lighting. The concrete flatwork generally includes sidewalks, ramps, steps, colored concrete and a center medallion. The pavilions are primarily composed of GFRC columns with steel storefront systems that will house 2 kiosks for vendor lease. The architectural features of this project include fountains adjacent to the pavilions, landscaping which includes palm trees and planters and intricate site lighting throughout to emphasize flag poles, fountains, pavilions and palm trees. DPR will also install a prefabricated restroom along with some landscaping on the west side of the North Annex. This item is still in design phase but the allowance for this scope of work is $200,000 which should be added to the DPR budget estimate total. The schedule for this project requires that some long lead-time subcontractors be released immediately. The schedule calls for demolition to commence in mid-March with a substantial completion of September, 30, 2006. The budget estimate for this project provided to the City on January 6, 2006, is $5,410,291 and is based on the 100% drawings provided by FTB on February 13, 2006. The 100% drawings estimate can be summarized as follows: . Construction costs (sum of subcontracts) = . General Conditions = . Overhead and Profit (4%) = . Construction Contingency (4 %) = . Insurance/Bonds/Permits = . Prefabricated Restroom Allowance = . Total = $4,425,138 $ 296,459 $ 187,473 $ 200,396 $ 100,825 $ 200,000 $5,410,291 The Final Agreed Price for Amendment 1 will be realized once all subcontractor bids have been thoroughly reviewed and Value Engineering Items are resolved. We are still attempting to resolve colored concrete Value Engineering ideas. If you have any questions regarding this scope summary and budget estimate please do not hesitate to contact me. I look forward to working with you on this project. Sincerely, &úüe l' ~ Eddie Parenti, Project Manager cell: (650)868-7120 email: eddiep@dprinc.com