cosmopolitan project plan and pro forma

COSMOPOLITAN HOTEL AND CASINO Commercial and Industrial

Energy Solutions

Groom Energy Solutions | 200 Cummings Center, Suite 177-C, Beverly, MA 01915 | www.groomenergy.com

Project Plan and Pro Forma


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Project Summary Statement The Cosmopolitan of Las Vegas is a luxury resort casino and hotel on the Las Vegas Strip. The resort opened on December 15, 2010, and is located just south of the Bellagio on the west side of Las Vegas Boulevard, and consists of two high-rise towers. The $3.9 billion project features 2,995 rooms, a 110,000 sq ft (10,000 m2) casino, 300,000 sq ft (28,000 m2) of retail and restaurant space, a 40,000 sq ft (3,700 m2) spa and fitness facility, a 1,800 seat theater, and 150,000 sq ft (14,000 m2) of meeting/convention space. (Source: https://en.wikipedia.org/wiki/Cosmopolitan_of_Las_Vegas)

Groom Energy Solutions will replace a majority percentage of the lighting lamps and fixtures in the property to reduce energy consumption in the property by 1.45 million kWh per year. The sheer volume of the retrofit will include changing or replacing 34,368 lighting elements and 1,750 motion sensing lighting controls. The duration of the project installation is expected to take approximately 60 days.

Means and Methods

1.1 Overview

The building domains are broken up in to 6 domains: PODIUM, TOWERS, BASEMENT, STAIRWELLS, GUEST ROOM CORRIDORS, WAREHOUSE. The essence of the work is in effect to work seamlessly around the existing operations and especially guests, while not disturbing the operation or experience of either. Precise timing and organization is key to the success of the project and all contributing parties will be accountable for such. Safe work practices are even more paramount to prevent unnecessary risk to both GES and the Cosmopolitan. All OSHA, and industry required PPE and safe work methods will be required during construction operations with a zero tolerance policy therein. All customers required security protocols must also be followed for example: badging, key control, accompaniment in secure areas, etc. No exception will be given for these policies as the safety and security of the property and their guests are of the utmost importance.


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1.2 Elements

Specification

Driver: Eric Moser

No deviation from the project scope of work shall be permitted

without the conconsent of the driver and / or engineering team.

Any work that is not specified, and especially which will require

change orders must be escalated to the specifier with approval

granted before work commences.

Procurement

Driver: Daniel Comeau

All materials requisition, tracking, variations, and pricing will be managed by the procurement

team.

No materials purchasing or transferrance will be conducted

without approval from the procurement team.

Scheduling

Driver: Breandan McEwen

Schedules are drafted and approved by the customer and

GES management.

No deviations or especially delays in the schedule will be tolerated

without penalty.


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Installation

Driver: Breandan McEwen

Two teams of worker types will be installing the products in two shift formats. Electricians, and general labor will work from 8am-6pm,

and from 7pm-4am.

All work strategies are designed to prevent negative impact to the

operations and guest experience at the property. Professionalism is

key and required at all times.

Quality Control

Driver: Ross Parker

All work performed shall be approroved by the Director of

Project Engineering. Installations will be judged on quality and conformance with part spec.

Any work not in conformance with GES or project standards will be required to be remedied at the

sub-contractors expense.

Payment

Driver: Lisa Willey

Work completed and approved by the QC process will be submitted for payment in the form of an AIA

G702 schedule of values.

Payment for this work will be withing the terms of the sub-

contractor agreement and will be witheld for defective work, or

lapsed insurance(s).


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1.3 Safety Plan

Desert Springs Hospital - 2705 E Flamingo Rd, Las Vegas, NV

Groom Energy Solutions Safety Coordinator:

Breandan McEwen. 914-281-1373 cell Electrical Contractor Safety Coordinator:

TBD General Labor Safety Coordinator:

TBD

Safety Practices

x All OSHA guidelines 29 CFR 1910 will be followed at all times: PPE, Lock Out Tag Out, Arc Flash Gear, Fall Protection, etc.

x All tools and equipment will be in safe and proper working order.

x Safety spotters and work area protection will be used when guests or staff can come in to contact or harm by GES operations.

x Weekly safety meetings will be conducted and documented on approved forms including all team members’ attendance and acceptance.

x All injuries will be reported to Safety Coordinators and documented, regardless of severity within 12 hours of the incident. All crewmembers will complete emergency contact forms and file with GES.


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Work Flow

2.1 Crew Teams

Crewmen are composed of teams of two types of workers: qualified electricians (EC), and general laborers (GL). Each team type has a day shift and a night shift. This is required for expediency and to accommodate the existing operations of the hotel. The team structure is as follows:

EC Crew 1 GL Crew1 EC Crew 2 GL Crew 2 Journeyman Apprentice Apprentice

Foreman Laborer Laborer Laborer Laborer

Journeyman Apprentice Apprentice

Foreman Laborer Laborer Laborer Laborer

2.2 Schedule


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Project Valuation

3.1 Income Statement

C.O.G.S.

Total Sum of Materials $701,623.84

Total Sum of

Labor $253,819.00

Total Sum of

Costs $56,000

$1,011,442.84

GPM 28.02% $393,808.16

Sales Price $1,405,251.00

Total Sum of Materials

71%

Total Sum of Labor 23%

Total Sum of Costs

6%


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3.2 Schedule of Values

Domain T8 Lamps T8 U-Bend

Sylvania RT8

100W PAR38

100W A19

60W A19 MR16 CF2x13W

Recessed 15W A19

CFL 22W

Circline

2L Strip to Cree

LS4 6L T8

Troffer Retrofit

Kit

Wall Switch Sensor

Wall Switch 2 Circuit

Ceiling Sensor

BOH Podium P1-

P4 10796 18 150 1 10 12 71 439 37 75

BOH Towers 8308 701

BOH B1-B5 5741 169 120 36 271 30

Stairwell in Towers 1080

Guest Room

Corridors 4464 3160

Warehouse 20 37 211 ->161 50

Totals 25925 18 339 1 10 12 71 120 4464 3160 37 161 50 1176 308 105

Material $16.50 $25.00 $65.00 $25.00 $18.00 $10.98 $18.50 $19.00 $10.98 $30.11 $85.00 $417.00 $100.00 $24.80 $56.47 $119.00

Sub Total $427,762.50 $504.00 $22,035.00 $25.00 $180.00 $84.00 $1,420.00 $2,280.00 $49,014.72 $126,400.00 $3,145.00 $67,137.00 $5,000.00 $32,928.00 $11,704.00 $14,700.00

Labor Code GL GL EC GL GL GL GL EC GL EC EC EC EC EC EC EC

Labor $2.00 $2.00 $65.00 $3.00 $3.00 $3.00 $3.00 $65.00 $4.00 $30.00 $30.00 $75.00 $20.00 $25.00 $25.00 $75.00

Sub Total $51,850.00 $36.00 $22,035.00 $3.00 $30.00 $36.00 $213.00 $7,800.00 $17,856.00 $94,800.00 $1,110.00 $12,075.00 $1,000.00 $29,400.00 $7,700.00 $7,875.00


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3.3 Cash Flow Projection

Payment

757,758.00 647,492.00

Costs

(16,001.61)

(16,001.61)

Labor

(14,285.00)

(14,285.00)

(91,898.00)

(14,285.00)

(14,285.00)

(14,285.00)

(14,285.00)

(91,898.00)

(14,285.00)

Materials (447,643.00)

(226,982.00)

Balance (447,643.00)

(461,928.00)

(461,928.00)

(476,213.00)

(584,112.61)

(825,379.61)

(825,379.61)

(839,664.61)

(81,906.61)

(96,191.61)

(112,193.22)

(126,478.22)

(218,376.22)

(232,661.22)

(232,661.22)

414,830.78

31-Aug 7-Sep 14-Sep 21-Sep 28-Sep 5-Oct 12-Oct 19-Oct 26-Oct 2-Nov 9-Nov 16-Nov 23-Nov 30-Nov 7-Dec 14-Dec

(1,200,000.00)

(1,000,000.00)

(800,000.00)

(600,000.00)

(400,000.00)

(200,000.00)

-

200,000.00

400,000.00

600,000.00

800,000.00

1,000,000.00

24-Aug 13-Sep 3-Oct 23-Oct 12-Nov 2-Dec 22-Dec

Balance Materials Labor Costs Payment

cosmopolitan project plan and pro forma

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