--- type: court_doc id: "court_ctb_203_3" court: "CTB" case_no: "22-50073" doc_number: 203 doc_type: "DECLARATION" filed_date: "2022-03-16" lang: "en" machine_translated: false url: "https://mubeitech.com/en/court/court_ctb_203_3" json_url: "https://mubeitech.com/api/court/court_ctb_203_3" --- # Guo Wengui / Miles Guo — bankruptcy case · DECLARATION · ECF #203-3 EXHIBIT C UNITED STATES BANKRUPTCY COURT DISTRICT OF CONNECTICUT BRIDGEPORT DIVISION In re:　Chapter 11 HO WAN KWOK,　Case No: 22-50073 (JAM) Debtor. PACIFIC ALLIANCE ASIA OPPORTUNITY FUND, L.P.,　Contested Matter [Doc. No. 57] Movant, v. HO WAN KWOK, Respondent. DECLARATION OF RUSSELL STOCKIL I, Russell Stockil, hereby declare as follows: 1. I am the Yacht Management Director for Yachtzoo SARL ("Yachtzoo"), the yacht management company for the vessel, the "Lady May," and I am personally involved in the daily management of the Lady May. As such, I have personal knowledge of the facts set forth in this declaration. 2. HK International Funds Investments (USA) Limited, LLC and Yachtzoo signed a management contract with respect to the Lady May on May 1, 2021. That contract requires Yachtzoo to provide financial administration, technical support and management, safety management, and human resources services for the Lady May's crew members. Yachtzoo continues to perform under that contract. 3. The Lady May is currently alongside the shipyard MB92 La Ciotat SAS ("MB92"), 46 Quai François Mitterrand, 13600 La Ciotat, France, and completing service and maintenance tasks that can be completed in water – such as HVAC servicing, duct cleaning, servicing of lifesaving appliances and firefighting equipment. A true and genuine copy of the original Quotation dated March 16, 2022, provided by MB92 is appended hereto as Exhibit 1. The time frame set forth in the Quotation was estimated before the discovery of the sea inlet valve issue described below. 4. The timing of such service had originally been dictated by a necessary stabilizer service. Stabilizers are an integral part of the vessel's operation. In this instance, stabilizer service became necessary because an unusual noise was observed emitting from the stabilizers. The stabilizer service is also considered mandatory at this time because there was no record of a prior service and oil change. 5. The stabilizer service must be carried out by the stabilizer's manufacturer, Quantum Marine Stabilizer ("Quantum"). Quantum dictated the schedule based on its availability. We requested stabilizer service from Quantum in December 2021 and paid a deposit on 22nd December 2021 to secure the stabilizer service as soon as possible. Their earliest availability dictated by Quantum was 21st April 2022. A true and genuine copy of the Estimate dated December 9, 2021, provided by Quantum is appended hereto as Exhibit 2. 6. As soon as this stabilizer service is completed, there will be a sea trial to confirm correct function and then the Lady May will be hauled out of the water to complete other engineering work, including (but not limited to) as follows: - a. Overboard valves (the scope of this service is still under discussion and this matter could potentially increase the time required in the drydock); - b. Antifouling; - c. Clearance measurements for rudder and propeller shafts (need to confirm that they are within the stipulated ranges); - d. Tank cleaning, inspections and repair (grey/black/water); - e. Anode replacements; - f. Windlass service and anchor chain inspection; and - g. Sea inlet valves replacement. 7. With respect to the replacement of the sea inlet valve (item g above), the bolts on the valves are rusted. Unbolting them will be very difficult and some bolts may need to be cut, causing damage to the surrounding elements. There is also a possibility that the hull flanges and filter may be corroded which would then necessitate their replacement. Considering the bolts' and valves' conditions, it will take a minimum of 3 weeks to complete this work assuming the best case scenario and that no cutting and no welding will be necessary. Worst case scenario, this work may require at least 6 weeks in drydock. During this sea inlet valve replacement work, no other work can be done in the engine room. A true and genuine copy of the See Inlet Valves Replacement report is appended hereto as Exhibit 3. As a consequence, the originally contemplated schedule for service and maintenance may be delayed. 8. These services and maintenance are essential to the proper functioning of the vessel and necessary to avoid more complicated and costly issues in future operation as well as to ensure the safety of the passengers and crew. 9. Once the services, maintenance and repairs described above are complete, annual surveys by the vessel Class Society (Lloyds Register) and Flag State (Cayman Islands) are due to be carried out. These will be scheduled based on the progress of the shipyard period and conducted during the final period of the stay at La Ciotat shipyard. These surveys consist of an annual Hull and Machinery survey, Annual Large Yacht Code Compliance (safety) survey, annual safety radio survey, and annual Marine Pollution (air and oil) surveys. 10. In the absence of any unanticipated delays, it is presently expected that the Lady May will be available for travel from France in June, 2022. 11. However, given the design characteristics of the vessel, the Lady May is not capable of safely voyaging across the Atlantic Ocean to the United States of America. Accordingly, it must be transported in a freighter. Arrangements are currently being made for such freighter transportation to take place as soon as the service and maintenance is complete. 12. Ordinarily, it takes approximately 12 to 15 days to load a yacht onto a freighter and transport the yacht by freighter from the South of France, across the Atlantic Ocean to New York or Baltimore. Baltimore is presently the discharge port for the transport freighter. From there, the Lady May can proceed directly to Connecticut. 13. Assuming everything proceeds without any extenuating circumstances causing a delay, including the timely loading of the Lady May onto a freighter, I reasonably anticipate that the Lady May should arrive in the navigable waters of Connecticut by 1st July, 2022. Pursuant to 28 U.S.C. § 1746, I declare under penalty of perjury under the laws of the United States of America that the forgoing is true and correct. Dated: April 10, 2022 Russell Stockil EXHIBIT 1 Case 22-50073 Doc 203-3 Filed 04/11/22 Entered 04/11/22 12:34:01 Page 7 of 50 Section Lady May - O79 - Spring 2022 Section 000 - Yard Services Section 005 - Arrival Formalities Ref: MYY-005220316-V3 Date: 16 March 2022 Quote: 005 - Arrival Formalities Title: Project Details Vessel Name　MY Lady May Contact Name　Momchill Ivanov Contact Email　captain@yachtladymay.com Date　Sat 16 Mar 02 Author　P. Bernard Dates Estimated Date of Arrival　Wed 23 Mar 22 Estimated Date of Departure　Wed 18 May 22 Estimated Haul Out Date　Fri 29 Apr 22 Estimated Launch Date　Sun 15 May 22 Vessel Details IMO Number　1012359 Class　Lloyds Register Flag　Cayman Islands Year of Completion　2014 Hull Construction　Aluminium Superstructure Construction　Aluminium Builder　Feadship Dimensions LOA　46.2 m Beam　9.0 m Draught　2.4 m Displacement Gross Tonnage　406t Section 006 - Customs Ref: MYY-006220316-V3 Date: 16 March 2022 Type: Pro Rata MB92 Specification - Temporary shipyard importation formalities will allow the vessel to be invoiced HT (without tax), this is only applicable to vessels registered outside of the EU. - Temporary shipyard importation formalities will not exempt the vessel from payment of tax on the following items; State supplied services (electricity, water and rubbish), items purchased directly by the vessel, services conducted outside of the shipyard and/or any travel expenses. - Valuable objects such as artworks or potentially restricted items such as morphine, shells or exotic animal products should only be brought into France with their accompanying documentation (invoice, certificate of authenticity, etc.) Quote: 006 - Customs Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Vessel Customs Arrival Formalities　1　un　€400　€400 Discount　20　%　€-80.00　€-80.00 Ship Sanitation Certification　un　€650 Shipyard "PA" VAT Exemption Fee　0.2　%　€0.00 Minimum Invoiceable Amount 750€ VAT exemption to be calculated as 0.2% on final invoice value if required Total Section 009 - Insurance Contribution Ref: MYY-009220316-V3 Date: 16 March 2022 MB92 Specification The payment of the Insurance contribution depends on the level of the Insurance coverage you subscribe. You can choose between 3 Waivers of Insurance: 3M €, 5M € or 10M €\*. Please liaise with your insurers to ensure the Waiver of Insurance is countersigned before your arrival. \* 10M € Waiver - upon request and subject to MB92 approval Quote: 009 - Insurance Contribution Title: % To Be Billed on Final Invoice Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price 3M € Waiver - To be levied on final invoice amount　1.25　% 5M € Waiver - To be levied on final invoice amount　1.5　% *10M € Waiver - To be levied on final invoice amount　1.75　% Total　€0.00 Section 010 - Vessel Services Section 011 - Alongside Dockage Ref: MYY-011220316-V3 Date: 16 March 2022 Type: Pro Rata Type: Pro Rata €320 MB92 Specification Dock place allocation will be made on acceptance of the vessel in an alongside berth. Notes 7 days alongside are offered to finish the quotation process. Quote: 011 - Alongside Dockage Title: Dockage & Line Handling Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Alongside Dockage　42　dy　€280　€11,760 7 days alongside offered to finish quotation process　-7　dy　€280　€-1,960 Line Handling - Arrival　1　un　€150　€150 Line Handling - Departure　1　un　€150　€150 Total　€10,100 Section 013 - Electricity Connect & Supply Ref: MYY-013220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification All shore power requirements will be provided by the client prior to arrival. Quote: 013 - Electricity Connect & Supply Type: Pro Rata Period: Initial Offer Description　Date　Qty　Un　Unit Price　Total Price Electricity Connect - Arrival　1　un　€277　€277 Electricity Disconnect - Departure　1　un　€185　€185 Electricity kWh Price　0　kWh　€0.29 Total　€462 Section 014 - Fresh Water Connect & Supply Ref: MYY-014220316-V3 Date: 16 March 2022 MB92 Specification Number of hose connections required to be specified by client prior to arrival. Quote: 014 - Fresh Water Connect & Supply Type: Pro Rata Period: Initial Offer Description　Date　Qty　Un　Unit Price　Total Price Water Connect - Arrival　1　un　€100.00　€100.00 Water Disconnect - Departure　1　un　€50.00　€50.00 Water m³ Price　0　m³　€4.20 Total　€150 Section 015 - Rubbish & Waste Disposal Ref: MYY-015220316-V3　Date: 16 March 2022 Type: Pro Rata Type: Pro Rata MB92 Specification This quote assumes a waste disposal system which includes recycling facilities within the yard. For a dedicated bin recycling system, please inquire prior to arrival. Quote: 015 - Rubbish & Waste Disposal Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Waste Management and Recycling　57　dy　€11.00　€627 5m³ Skip per Emptying　0　un　€315 15m³ Skip per Emptying　0　un　€597 30m³ Skip per Emptying　0　un　€870 Chemical Waste Disposal (paint etc.)　0　litres　€1.41 Total　€627 Section 016 - Environmental Monitoring Ref: MYY-016220316-V3　Date: 16 March 2022 Type: Pro Rata MB92 Specification All vessels are required to conduct a safety awareness briefing on arrival and to sign off the security plan. Quote: 016 - Environmental Monitoring Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Fire and Security Plan (incl. Briefing) on Arrival　1　un　€290　€290 Health, Safety and Environmental Compliance & Monitoring　57　dy　€35.00　€1,995 PERMITS TO WORK Permit for Enclosed Spaces　un　€140 Permit for Hot Works　un　€50.00 Permit for Works Aloft　un　€50.00 Permit for Diving　un　€50.00 Total　€2,285 Section 031 - Container & Office Rental Ref: MYY-031220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification All office and storage fees will be billed on a pro rata basis. Prices shown are for the supply of containers to a single location in the shipyard. Subsequent movements requested around the shipyard will be invoiced additionally. Container shelving will be quoted on a case by case basis. Quote: 031 - Container & Office Rental Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price CONTAINERS x 40' Container(s) Rental　57　dy　€22.00 x 40' Owner Supply Container(s) Ground Rental　57　dy　€15.00 40' Container(s) Return Delivery　un　€540 x 20' Container(s) Rental　57　dy　€11.00 x 20' Owner Supply Container(s) Ground Rental　57　dy　€7.00 20' Container Return Delivery　un　€473 OFFICES & FACILITIES x 20' Portacabin Office(s) Rental　57　dy　€13.00 x 20' Canteen(s) for 15 People　57　dy　€11.00 x 20' Changing Room(s) for 15 People　57　dy　€12.00 20' Block Return Delivery　0　un　€300 20' Block Installation & Dismantling　0　un　€788 REFRIGERATION x 10' Refrigerator/Freezer Container(s) Rental　57　dy　€30.00 10' Refrigerator/Freezer Return Delivery　un　€1,050 Total　€0.00 Section 033 - Internet Connection Ref: MYY-033220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification In addition to the guest shipyard wifi, hi-speed internet can be provided at all locations around the shipyard. Fibre optic access is available in certain berths, please inquire for further details. Quote: 033 - Internet Connection Title: Optional Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Connection/Setup　1　un　€350　€350 Daily internet Access Fee　57　dy　€5.20　€296 Total　€646 Section 048 - Standard Labour Ref: MYY-048220316-V3 Date: 16 March 2022 Type: Pro Rata Project Management Fee A Project Management and Technical Team will be dedicated to Lady May and would be composed of a lead PM, additional PMs and foremen – all of whom will be assisted by our internal Paint Surveyor and our technical office. This can be fine-tuned according to the final approved scope of works. Lead PM will be dedicated to the project from start to finish except in case of Force Majeure or Health/Family Reasons. Notes Rates listed are for MB92 La Ciotat staff only and do not apply to any sub-contracted labour rates. - Internal labour may be supplied only at the discretion of MB92 La Ciotat . - Except where specifically included in quotes, all labour hours including (but not limited to) concierge, designers, engineering and technical supervision will be billed on a pro rata basis. - All works listed in this quote are based on Normal Hours. Unless mentioned otherwise, works outside of these hours will be invoiced as per the following timetable: Normal Hours [x1.0] Monday to Friday 08:00 to 17:00 Overtime 1 [x1.25] Monday to Friday 17:00 to 22:00 Overtime 2 [x1.50] Saturday Double Time [x2.0] - Monday to Saturday after 22:00 - Sunday - National holidays Quote: 048 - Standard Labour Title: MB92 La Ciotat Internal Labour Rates Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price MB92 Internal Labour - Carpenter　hr　€65.00 MB92 Internal Labour - Composite　hr　€65.00 MB92 Internal Labour - Designer　hr　€90.00 MB92 Internal Labour - Diver　hr　€280 MB92 Internal Labour - Electricity　hr　€65.00 MB92 Internal Labour - Engineering　hr　€85.00 MB92 Internal Labour - General　hr　€50.00 MB92 Internal Labour - Hardware　hr　€58.00 MB92 Internal Labour - HSE　hr　€70.00 MB92 Internal Labour - Machining　hr　€85.00 MB92 Internal Labour - Mechanic　hr　€80.00 MB92 Internal Labour - Metal Work　hr　€80.00 MB92 Internal Labour - Plumbing　hr　€65.00 MB92 Internal Labour - Stores　hr　€45.00 Quote: 048 - Standard Labour Title: % of Project Management to be Billed on Final Invoice Type: Pro Rata Period: Initial Offer Description Qty Un Unit Description　Qty　Un　Unit Price　Total Price To be levied on final invoice amount　3　%　€0.00 Total　€0.00 Section 049 - Forklift & Crane Crew Items Ref: MYY-049220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification - These items will be invoiced on a time and materials basis. - All equipment rates include a driver, except scissor lifts. - Equipment listed below may not be driven by non-MB92 employees unless they have the required permits. - Crane rates may be negotiable if rented on a long term bases. - Cranes operated after 21:00 on Weekdays, Saturday, and Sunday are subject to an additional charge. Quote: 049 - Forklift & Crane Crew Items Title: MB92 La Ciotat Equipment Rates Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price 1.5t Forklift　hr　€75.00 2.5t Forklift　hr　€90.00 6t Forklift　hr　€100.00 4t Telescopic Forklift　hr　€130 10t Flat-bed Truck　hr　€100.00 45t Mobile Crane　hr　€170 70t Mobile Crane　hr　€240 100t Mobile Crane　hr　€290 120t Mobile Crane　dy　€3,900 160t Mobile Crane　dy　€4,500 16m Cherry Picker　dy　€164 Return Delivery 16m Cherry Picker　un　€350 Total　€0.00 €0.00 Type: Pro Rata Section 052 - Shipyard Access - Owner's Contractors Ref: MYY-052220316-V3 Date: 16 March 2022 MB92 Specification - The vessel may request entry into the shipyard for directly engaged sub-contractors (i.e. MB92 La Ciotat does not pay them) up to a maximum value of 10% of the total amount invoiced by MB92 La Ciotat. - For each vessel direct contractor there will be a one-off administrative charge per person to cover the process of checking their fiscal and insurance status. This is to ensure that any future exposure is minimised, as well as for providing the shipyard access badge. - An additional daily rate per person will be levied as contribution to the site development and investment made by the companies based in the shipyard. Notes - Daily fees are based on Monday to Friday only (5 day working week) - Any directly engaged contractors must conform to the requirements laid out in the document "Owner's Contractor Requirements" which will be provided upon arrival by default or if requested. - Due to the varying implications concerning warranty, social security payment liabilities, on site health and safety, and payment conditions, MB92 La Ciotat is obliged to discuss any handling of the Owner's Contractors on a case by case basis. Exclusions - Any handling of materials tools or other equipment supplied or received from any Owner's Contractor - Fees do not include any management or support to any Owner's Contractor. Company　Qty　Un　Unit Price　Total Price 0　un　€100.00 €0.00 Company　Qty　Un　Unit Price　Total Price 0　dy　€75.00 MI €0.00 Type: Fixed Price Section 060 - Docking Total Section 061 - Haul Out & Launch Ref: MYY-061220316-V3 Date: 16 March 2022 MB92 Specification - All docking and associated fees will be billed on a pro rata basis. - All dry docking operations are weather dependent. - All dry docking operations are subject to signature of docking plan before commencement of operation. - Price for chocking is with a maximum keel chock height of 500mm. If an increased chocking height is required for rudder, stabilizer, shaft or other works this will be invoiced additionally. Quote: 061 - Haul Out & Launch Type: Fixed Price Period: Initial Offer Description　Qty　Un　Unit Price　Total Price 2000t Synchro Lift　1　un　€12,000　€12,000 Block Preparation & Line Handling　1　un　€2,670　€2,670 Design Hours for Docking Plan　1　un　€320　€320 Divers for Verifications　1　un　€1,470　€1,470 Cleaning Area after Launch　5　hr　€50.00　€250 Total　€16,710 Section 062 - Daily Hardstanding Ref: MYY-062220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification Hardstanding rates will be invoiced on a pro rata basis. Quote: 062 - Daily Hardstanding Type: Pro Rata Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Ground Rental on Hard　17　dy　€455　€7,735 Total　€7,735 Section 063 - Access Tower Ref: MYY-063220316-V3 Date: 16 March 2022　Type: Pro Rata MB92 Specification According to health and safety regulations a scaffolding boarding access will be provided with steps. Could be revised if additional access tower is required for safety reason. To billed on a pro rata basis. Quote: 063 - Access Tower Type: Pro Rata Description　Qty　Un　Unit Price　Total Price Access Tower Installation　1　un　€529　€529 Access Tower Rental - Based on 1 off　17　dy　€20.00　€340 Total　€869 Section 064 - Fire Main Ref: MYY-064220316-V3　Date: 16 March 2022　Type: Pro Rata MB92 Specification A single standard ISC fresh water fire connection is obligatory for all vessels. Type: Pro Rata To billed on a pro rata basis. Quote: 064 - Fire Main Type: Pro Rata Description　Qty　Un　Unit Price　Total Price Fire Main Installation　1　un　€48.00　€48.00 Fire Main Maintenance　17　dy　€25.00　€425 Total　€473 Section 065 - Grey & Black Water Disposal Ref: MYY-065220316-V3 Date: 16 March 2022 MB92 Specification Grey and black water solutions are dependent on the vessels location in the shipyard, this quote is linked only to the vessel's position on the hardstanding and does not apply to vessels in the water. To billed on a pro rata basis. Quote: 065 - Grey & Black Water Disposal Type: Pro Rata Description　Type　Qty　Un　Unit Price　Total Price Grey & Black Water System Connection　1　un　€265　€265 Grey Water System Maintenance Fee　17　dy　€25.00　€425 Grey Water Disposal - Incl. in Maintenance Fee (Direct to Filtration System)　un　€0.00 Total　€690 Section 066 - Seawater Cooling Type: Pro Rata Ref: MYY-066220316-V3 Date: 16 March 2022 MB92 Specification - Cooling water will be supplied at approximately 1.5 bar. - To billed on a pro rata basis. Notes - Seawater Cooling connection & disconnection will be carried out in Time & Material - Cooling Tower size will be determined according to the vessel requirements - Cooling Tower size could be reassessed upon final inspection on board - Fresh Water consumption will be charged according to section 014 Exclusions Supply of chemical product for cleaning - recycling Quote: 066 - Seawater Cooling Type: Pro Rata Description　Qty　Un　Unit Price　Total Price Seawater Cooling Connection & Disconnection　1　un　T&M Cooling tower type 1 - Small Tower : 10m3/hour　17　dy　€65.00　€1,105 Cooling tower type 2 - Large Tower : 25m3/hour　0　dy　€75.00 Total　€1,105 Section 071 - D0084 - Protection Ref: MYY-071220316-V3 Date: 16 March 2022　Type: Budgetary Estimate Client Specification Deck protection once yacht is out of the water- Swimming platform , Main deck sides and MD aft MB92 Specification External protection of the vessel as per client specification - TEMPORARY PROTECTION as per GA - Teak protection with outside carpet 120 m² - Manpower - Material, product and fees - Bulkheads and windows on 1.2m Notes - Quote to be issued following confirmation/ agreement of exact scope of works and subsequent inspection, at which time various options will be presented. - Level of maintenance requirement to be determined and agreed at time of works. Quote: 071 - Protection Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Teak protection with outside carpet 120 m² - Labour　1　un　€1,248　€1,248 Teak protection with outside carpet 120 m² - Material　1　un　€1,846　€1,846 Bulkheads and windows on 1.2m　1　un　€2,782　€2,782 Megaboard proplex　20　un　€6.68　€134 Total　€6,010 Section 100 - Class and Flag Section 106 - E0113 - Valve Pressure Testing Ref: MYY-106220316-V3 Date: 16 March 2022 Client Specification - Trough hull valves - Take off , clean and replace if necessary - Following is to be looked at : - V4020 - Overboard Cooling Water - Globe DN65 - V4036 - Exhaust Overboard - Globe DN150 - V4021 - Overboard - Globe DN80 - V4051 - Sea inlet - Gate DN50 - V4001 - Sea inlet - Butterfly DN300 - V4003 - Sea Inlet - Butterfly DN250 - V4023 - Overboard - Globe DN32 - V4024 - Overboard - Globe DN32 - V4002 - Sea Inlet - Butterfly DN300 - V4004 - Sea Inlet - Butterfly DN250 V4052 - Sea Inlet - Gate DN50 - V4026 - Overboard - Globe DN32 - V4035 - Exhaust Overboard - Globe DN150 - V4025 - Overboard Cooling Water - Globe DN65 MB92 Specification Removal, cleaning, and testing of valves Scope of Works Butterfly/Ball Valves - Removal of valves - Cleaning of boat flanges - Cleaning of the valve at the workshop an reassembling - Hydraulic test on bench at 6 bars with report - Re-installation on board of existing valve if test is acceptable, or with new valve supplied by shipyard - Cleaning of working area Globe & Gate Valves - Removal of valves - Cleaning of boat flanges - Dismounting of valve at the workshop - Cleaning of all interior parts - Grinding of seat and disc - New packing and seals - Reconditioning of nuts, bolts and studs - Re-assembling and re-installation on board - Hydraulic test on bench at 6 bars with report - Cleaning of working area Notes - Assumes all parts are in good working order and does not include work on damaged or worn parts or threads - Assumes free access to all valves for removal and does not include the removal of any peripheral equipment or piping - Purchase or replacement of valves, gaskets, or any other parts not mentioned above - Difficult access - estimated - Removal of pipes, flooring, or wall covers - Polyester powder coating for any parts - Plastification - Replacement of bolting with A4 stainless steel - Painting, repairs, replacement of any damaged mounting hardware such as threaded rod, nuts and bolts - Painting of valves: - Full system with offshore paint - protection, blasting, 1 layer of zinc, 1 layer of primer, 2 layers of finish - Single layer of white paint - Sanding, protection, and 1 layer of white paint Quote: 106 - Valve Pressure Testing Period: Initial Offer Description　Type　Qty　Un　Unit Price　Total Price V4020 - Overboard Cooling Water - Globe DN65　DN65_Globe　1　un　€546　€546 V4036 - Exhaust Overboard - Globe DN150　DN150_Globe　1　un　€924　€924 V4021 - Overboard - Globe DN80　DN80_Globe　1　un　€626　€626 V4051 - Sea inlet - Gate DN50　DN50_Gate　1　un　€517　€517 V4001 - Sea inlet - Butterfly DN300　DN300_Butterfly　1　un　€1,212　€1,212 V4003 - Sea Inlet - Butterfly DN250　DN250_Butterfly　1　un　€868　€868 V4023 - Overboard - Globe DN32　DN32_Globe　1　un　€440　€440 V4024 - Overboard - Globe DN32　DN32_Globe　1　un　€440　€440 V4002 - Sea Inlet - Butterfly DN300　DN300_Butterfly　1　un　€1,212　€1,212 V4004 - Sea Inlet - Butterfly DN250　DN250_Butterfly　1　un　€868　€868 V4052 - Sea Inlet - Gate DN50　DN50_Gate　1　un　€517　€517 V4026 - Overboard - Globe DN32　DN32_Globe　1　un　€440　€440 V4035 - Exhaust Overboard - Globe DN150　DN150_Globe　1　un　€924　€924 V4025 - Overboard Cooling Water - Globe DN65　DN65_Globe　1　un　€546　€546 Access - estimated, to be confirmed upon inspection　1　un　€2,175　€2,175 Transport　1　un　€1,299　€1,299 Launch fees　1　un　€986　€986 Total　€14,539 Quote: 106 - Valve Pressure Testing Title: T&M Rates for Painting Valves Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Single Layer of White Paint (DN15 to DN150)　un　€126 Single Layer of White Paint (DN200 to DN350)　un　€168 Single Layer of White Paint (DN400 to DN600)　un　€224 Full Paint System (DN15 to DN150)　un　€168 Full Paint System (DN200 to DN350)　un　€224 Full Paint System (DN400 to DN600)　un　€280 Total　€0.00 Section subtotal　€14,539 Section 116 - E0109 - E0110 - E0112 - Shaft Survey Ref: MYY-116220316-V3 Date: 16 March 2022 Client Specification - Shafts - Inspection , check clearance on cutlass bearings - Inspection of seals and Water pump rebuild - Propellers Inspection , Straightened and rebalance if needed MB92 Scope of Works - Staging - General visual inspection - Removal of the rope guards (if existing) - Take measurement of bearing tolerances where access is possible - Install back the rope guards - Supply report for Class Notes Assumes all parts are in good working order and does not include work on damaged or worn parts or threads - Scope based on supply of correct technical information / drawings from vessel - Scope to be clarified once Vessel is alongside Exclusions - Measurement of inboard shaft tube bearing - Special Tools (owner supply) - Access Removal other than rope guards covers if any - Welding work - Paint Repair (see section 600) - OEM service engineer if requested by vessel. - Shaft removal - Shaft Seal Service - Propeller removal and balancing - Rebuild of Sea Water pump - Class Fee Quote: 116 - E0109 - E0110 - Shaft Survey Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price 6t Forklift　2　hr　€100.00　€200 16m Cherry Picker　1　dy　€164　€164 Bearing Clearance measurement　16　hr　€80.00　€1,280 Report for Class　4　hr　€85.00　€340 Total　€1,984 Type: Budgetary Estimate Section 126 - E0111 - Rudder Survey Ref: MYY-126220316-V3 Date: 16 March 2022 Client Specification - Rudders - Inspect , check clearance , seals MB92 Scope of Works - Install scaffolding; - Measure neck bearing clearances; - Report for Class Exclusions - Remoaval of access plate if any to be carried our in T&M - Dropping Rudders - Purchase or replacement of any part - Oil supply and change - Paint repairs - Any Class Fees - Anything not included in this offer - Anything not mentioned above Quote: 126 - E0111 - Rudder Survey Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Scaffold Access　2　un　€943　€1,885 Take Rudder Clearances　8　hr　€80.00　€640 6t Forklift　2　hr　€100.00　€200 Report for Class　2　hr　€85.00　€170 Total　€2,895 Section 150 - Grey & Black Water Tank Cleaning Ref: MYY-150220316-V3 Date: 16 March 2022 MB92 Specification - B&G Water tanks as per "E0110-Tanks and shaftline.pdf" - 1 : 6,05m3 - 2 : 6,05m3 Scope of Works - Removal and remounting of tank lid - Cleaning of tank using high pressure washing - Removal and destruction of cleaning residue Notes - Assumes tanks are in condition appropriate for age of vessel. - Assumes free access to tank tops and does not include removal of any peripheral items or furniture. - Local protection of runs for pipe work will be charged on a T&M basis Exclusions - Pumping of any liquids stored in tanks - MARPOL destruction of existing liquid in tank, solids or cleaning residue - Inspection of tank, photos or reports - Any repairs to tanks including any damaged threads or fittings on access hatches - Replacement of hatch gaskets where necessary - Gaz Free Certificate Quote: 150 - Grey & Black Water Tank Cleaning Type: Fixed Price Period: Initial Offer Description　Quantity　Un　Unit Price　Total Price Opening & Closing of Hatch(es)　1　un　€130　€130 Cleaning of Tank　6.0　m³　€1,352　€1,352 Permit for Enclosed Spaces　1　un　€140　€140 Additional Pumping of Existing Liquids in Tank　0　hr　€205 MARPOL Certified Destruction of Fluids　0　m³　€55.00 Total　€1,622 Quote: 150 - Grey & Black Water Tank Cleaning Type: Fixed Price Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Opening & Closing of Hatch(es)　1　un　€130　€130 Cleaning of Tank　6.0　m³　€1,352　€1,352 Permit for Enclosed Spaces　1　un　€140　€140 Additional Pumping of Existing Liquids in Tank　0　hr　€205 MARPOL Certified Destruction of Fluids　0　m³　€55.00 Total　€1,622 Section subtotal　€3,244 Type: Fixed Price Section 166 - D0081 - Anchor Windlass Ref: MYY-166220316-V3 Date: 16 March 2022 Client Specification - Anchor Windlass and Winches - Inspection and service MB92 Scope of works - Windlass - Running Test and visual inspection - Install deck protection - Strip deck gear and stow on deck - Measure brake band thickness - Disconnect electric motor - Take oil sample from gearbox - Drain, flush and change oil - Remove electric motor to workshop - Motor service, bearings, cleaning ,varnish, brake adjustment - Remount and connect motors - Remount deck gear - Test run Notes - Assumes adequate access for motor removal difficult access may incur additional cost - Removal of planetary drive reduction box and service will be quoted separately, oil samples will give a good - indication of gearbox condition. How ever may be required for deck seal replacement - Work on seized or damaged components may incur additional cost Exclusions - OEM Service and OEM parts - Relining of brakes - Any replacement of parts except when mentioned - Scaffold or steel structure to allow access - Logistics such as cranes and forklifts - MB92 assistance for handling Quote: 166 - D0081 - Anchor Windlass Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Running Test and visual inspection　2　hr　€85.00　€170 Install deck protection　4　hr　€85.00　€340 Materials for protection　2　un　€218　€435 Strip deck gear stow on deck　16　hr　€85.00　€1,360 Measure brake band thickness　2　hr　€85.00　€170 Disconnect electric motor　8　hr　€85.00　€680 Take oil sample from gearbox　2　hr　€85.00　€170 Drain , flush and change oil　4　hr　€85.00　€340 Oil disposal　10　litres　€1.31　€13.05 Shell Omala S2 GX 220　10　litres　€4.75　€47.50 Remove electric motor to workshop　14　hr　€80.00　€1,120 Motor service , bearings, cleaning ,varnish, brake adjustment　54　hr　€80.00　€4,320 Remount and connect motors　14　hr　€80.00　€1,120 Remount deck gear　14　hr　€80.00　€1,120 Shop supplies　1　un　€218　€218 Test run　1　hr　€85.00　€85.00 Total　€11,708 Type: Budgetary Estimate Section 200 - Major Equipment Type: Budgetary Estimate Section 281 - E0120 - Thrusters Ref: MYY-281220316-V3 Date: 16 March 2022 Client Specification - Bow and Stern Thruster - Inspection , change gear oil and replace Zinc where needed - Bow thruster model: ZF TT 1000 , L-Drive Unit - Stern Thruster: ZF TT 1000, L-Drive Unit - Scope of work: Zinc replacement and basic oil replacement and inspection - No records of maintenance found MB92 Scope of Works - On both bow and stern thrusters: - Scafffolding - Control of the propellers and internal plays - Take oil samples for analysis - Drain oil from crankases - Opening of the bottom cover for visual inspection - Reinstall all the dismantled parts - Zinc anodes replacement including supply Tests & controls - Fill with new oil SHELL OMALA 100 Notes - If some additional works have to be done, another estimate will be issued - Parts if needed: Available in 3-4 weeks Exclusions - OEM Service and parts - Service of the hydraulic motor - Access to the thruster, tunnel, and protection around the working areas. - Dismantling of the grills - see section 695 - Any paint work needed in the tunnel. - Propspeed works - see section 696 - Cleaning of the tunnel. - Treatment of wasted oil. - Cleaning / Polishing of the propellers - Any Class Fees - Any parts or works other than listed - Cranage & Logistic assistance will be charged on pro-rata basis Quote: 281 - E0120 - Thrusters Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Scaffolding　4　un　€870　€3,480 O'ring set　2　un　€14.05　€28.10 Bolt set　2　un　€20.09　€40.18 Anode　4　un　€134　€537 Hexagon head screw　8　un　€5.08　€40.60 Oil analysis　2　un　€150　€300 Liters of Shell OMALA 100 (estimated)　40　litres　€5.71　€229 Rags, absorbers, cleaning product,…　1　un　€37.91　€37.91 Packing and transport for parts　1　un　€163　€163 Labour for work described above - estimated　1　un　€1,920　€1,920 Travelling expenses and fees　2　un　€97.50　€195 Total　€6,970 Section 300 - Systems Section 327 - I0082 - Duct and Vent Cleaning Ref: MYY-327220316-V3 Date: 16 March 2022 Type: Fixed Price Client Specification - Professional Duct and vent cleaning - The vents are blocked and spitting out black deposits , hair and etc even though the air handlers has been cleaned once a week. MB92 Scope of Works - Galley exhaust network cleaning and degreasing - Galley located on Main deck - Exhaust fan located into galley hood - Access : - from Galley hood - from exit grid on Sun deck - Cleaning includes hood filters, galley hood plenum, exhaust duct, firedamper and exhaust fan turbine - Laundry exhaust network cleaning and dedusting - Laundry located on Lower deck - 2 dryers - Access : - from behind dryers - from exhaust fans - Cleaning includes dryers filters, 2 exhaust ducts and 2 exhaust fans turbines - Air Conditioning Units cleaning and disinfection - 3 AC Units inventoried and connected with ducts on: - Bridge deck : - FA 1 serving Galley, Main saloon and Dining and 4 Guest cabins - Lower deck : - FA 2 serving 5 Crew cabins, Crew mess, Laundry and Bridge deck - AC 2 serving Owner stateroom - Cleaning includes connected ducts as far as possible - Fan coils cleaning and disinfection : 21 fan coils inventoried and connected with ducts : - Sun deck : 2 - Bridge deck : 1 - Main deck : 8 - Main saloon : 4 - Galley : 2 - Storage : 1 - Study : 1 - Lower deck : 10 - Crew mess : 1 - 3 Crew cabins : 3 - Captain cabin : 1 - Laundry : 1 - 2 Twin Guest cabins : 2 2 Double Guest cabins : 2 - Cleaning includes filters, evaporators, turbines and connected ducts. - Ventilation exhaust network cleaning and disinfection - 23 air vents inventoried and connected with exhaust ducts : - Main deck : 3 - Owner stateroom : 3 - Lower deck : 20 - 3 Crew cabins : 6 - Captain cabin : 2 - Dayhead : 1 - Laundry : 1 - 2 Twin Guest cabins : 4 2 Double Guest cabins : 6 - - 3 Exhaust units not located for Crew, Guest and Owner areas - Cleaning includes exhaust units turbines and connected ducts. Note Masking of areas are include in sucbontractor scope but not overall protection Exclusions - Specific protection for this job - The supply and replacement of defective parts found during disassembly - Dismounting & remounting of deck heads, fairing, dampers in T&M - Dismounting & remounting of access hatches in engine room and saloon in T&M - Logistics, staging, cranes, etc... - Metal works - Repair works Quote: 327 - I0082 - Duct and Vent Cleaning Type: Fixed Price Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Galley exhaust network cleaning and degreasing　1　un　€2,882　€2,882 Laundry exhaust network cleaning and dedusting　1　un　€1,607　€1,607 Fresh Air Units cleaning and disinfection　1　un　€4,077　€4,077 Fan coils cleaning and disinfection　1　un　€5,534　€5,534 Ventilation exhaust network cleaning and disinfection　1　un　€3,934　€3,934 Total　€18,032 Section 341 - E0117 - OWS Ref: MYY-341220316-V3 Date: 16 March 2022 Client Specification Oily Water Separator 1000h service and certification Brand: Brannstrom Sweden AB. Model:BM488 MB92 Scope of Works - Visual and functional inspection - Disassemble unit - Service pumps - Replace prefilter - Remove sensor unit, calibrate Sensor and re-install. Provide Certificate - Check electrovalve - Remount unit - OPTION : Remove & replace particle filter Notes Pressure reducer installation to be quoted upon visual & functional inspection Inclusions - Certificate for Sensor Calibration - Transport of spare parts Exclusions - Repair or replace unpredicted defective parts - Replacement of electrovalve - Any paint works, metal works - Protection Quote: 341 - E0117 - OWS Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Disassemble unit, service pumps and replace prefilter　1　un　€1,485　€1,485 Calibrate Sensor. Certificate　1　un　€1,050　€1,050 Pump service kit　1　kit　€900　€900 Pre filter kit　1　un　€120　€120 Shipping fees of spare kits　1　un　€300　€300 Option : Particle Filter kit　1　un　€1,800　◊ €1,800 Total　€3,855 Section 400 - Deck Section 401 - D0056 - Carbon Fiber Swim Ladder Repair Ref: MYY-401220316-V3 Date: 16 March 2022 Type: Budgetary Estimate Client Specification - Carbon fiber swim ladder is broken severely - The entire system have to be improved as at the moment the ladder is pivoting too much , doesn't have enough support to the hull and it is floating away from the hull instead of staying close to it MB92 Scope of Works - Remove damaged pins - Repair damaged carbon IWO of pins - Glue in new pins - Swinging arm junction metal part removal - Cleaning up and repairing swingning arm junction - Gluing of new metal swinging arm pieces - Dry fit onboard vessel Adjustment of top step and making of landing pad on ladder to suit rub rail form for a nice snug fit and suppor the ladder Notes Carbon finish on passerelle will need topcoat varnishing after works Exclusions - Any other parts or service works than listed - Cranage & Logistic assistance will be charged on pro-rata basis - Painting or top coat varnishing of any parts - Any parts replacement if found worn, other than listed - Protection Quote: 401 - D0056 - Carbon Fiber Swim Ladder Repair Type: Budgetary Estimate Period: Initial Offer Description Qty Un Unit Description　Qty　Un　Unit Price　Total Price Labour - Estimated　1　un　€5,550　€5,550 Material - Estimated　1　un　€5,155　€5,155 Total　€10,705 Total Name Carbon Fiber ladder 2.JPG Name Carbon fiber ladder 3.JPG Name Carbon fiber ladder 4.JPG MY Lady May Quotation Case 22-50073 Doc 203-3 Filed 04/11/22 Entered 04/11/22 12:34:01 Page 30 of Name Carbon fiber ladder.jpeg Section 402 - D0067 - Anchor Pocket Stainless Fashion Plate Ref: MYY-402220316-V3 Date: 16 March 2022 Client Specification Anchor pocket stainless plate on hull, needs deep sanding and polishing. Damage caused from picking/dropping Anchor MB92 Specification - Surfaces grinding/rectification with finishing sanding - Cleaning of the sanded areas by using a passivation acid - Cleaning and rinsing of the acid - Polishing of the anchor pockets mirror polishing finishing Notes - This quote is a budgetary estimate and will be confirmed upon inspection - Works to be carried out from a cherry picker - 5 days of work for both anchor pockets - Polish finishing quality to be discussed and agreed by both parties Exclusion - Treatment of deep scratches - Material recharging by means of welding - Polishing of the anchor trunk - Paint works touch-up - Anything not included in this offer - Anything not mentioned above Quote: 402 - D0067 - Anchor Pocket Stainless Fashion Plate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Anchor Pocket sanding and polishing　1　un　€8,840　€8,840 16m Cherry Picker　5　dy　€164　€820 Total　€9,660 Section 421 - D0063 - MD and Upper Deck Teak Sanding and Caulking Ref: MYY-421220316-V3 Date: 16 March 2022 Client Specification - Teak on Main deck needs to be sanded and re-caulked in places - On numerous places the caulking is higher than the teak and teak grains are as deep as 5mm - Roughly 120 Sq. m of surface is to be sanded MB92 Scope of Works - Light sanding with 40 - 60 - 80 Grit - Detailing Notes - Cauking product to be confirmed - Inspection needs to done to send a proper quotation - The repairs or removal of margin planks will be charged on a time and material base or quoted case by case or quoted on arrival measurement will be revised on board and final invoice will be pro-rata Exclusions - Protection - Scaffolding & Tenting - Local tent in Time and Materials - Heating - General logistics - Removal of hardware / deck fittings in T&M - Caulking repair Quote: 421 - D0063 - MD and Upper Deck Teak Sanding and Caulking Period: Initial Offer Description Qty Un Unit Price　Price Sanding and recaulking　120　m²　€60.75　€7,290 Caulking (price per linear meter)　m　€35.00 Total　€7,290 Total Section 601 - P0022 - Paint works Ref: MYY-601220316-V3 Date: 16 March 2022 Client Specification - Paint repairs around the vessel - Various areas around the boat are to be repaired, painted and/or polished - This includes: - Guest areas- Main deck , passages PS and SB side and stairs to upper deck. - Swimming platform - numerous blistering and scratches - Gangway-scratches and chips - Fly deck window system - poles MB92Scope of Works - Protection of all non painted areas - Corrosion opening using cisel and grinding machine P24/36 - Application of Hullgard epoxy primer - Apply as necessary Awlfair trowable compound to match surrounding areas - Fine filler Awlgrip surfacing filler can be applied to fill sanding scratches and porosity of Awlfair FW - Seal out any new applied fairing with Highbuild Epoxy Primer - Application of 3 coats of 545 Epoxy primer - Application of 3 coats wet on wet of Awlgrip Gline - colour to be confirmed Notes - This is a budgetray estimate based on pictures (please refer to document in Appendix) - To be confirmed upon inspection after yacht arrival - Work to be carried out outside. Climatic conditions cannot be guaranteed, however the products will be applied in the best condition possible - No guarantee is applicable on local repairs - Only local spot repairs with hard cut line Exclusions - Composite repairs if required - Tent , Extraction and filtration - Caulking - Removal of hardware - Extra works due to silicon polishing or other polishing compounds - Custom paint colours - Sign writing, application of names etc ( or Removal ) - Cranes, Windlass, etc (unless otherwise mentioned above) - Removal or painting of deck heads (unless otherwise mentioned above) - Interior locker/door faces (unless otherwise mentioned ). When dismantled, to be paint up to watertight seal. If not exterior faces only - Lights / light fittings - Lifesaving equipment - Accommodation / boarding ladders (unless otherwise mentioned) - Jacuzzi / pool interiors - Removable furniture - Varnish work - More than one protection of top coated surfaces - All other works not directly involving a high gloss super yacht quality finish - Any fairing/ shape improvements - Rub rail of the swim platform to be re used Quote: 601 - P0022 - Paint works Type: Budgetary Estimate Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Paint works - Budgetary estimate　1　un　€26,000　€26,000 Total　€26,000 Type: Budgetary Estimate Section 691 - Pressure Washing Ref: MYY-691220316-V3 Date: 16 March 2022 MB92 Specification Estimated hull surface: 425m2 Notes MB92 La Ciotat will not be held responsible for any damage caused to existing paint systems during this operation Quote assumes that the vessel antifouling system is still functioning correctly and that the underwater area is not covered by growth other than slime and has no patina residue that cannot be removed using the standard pressure washing procedure outlined above - Scrapping works below waterline, these are to be conducted on a time and materials basis - Crossover pipes and tanks – quotation after inspection Quote: 691 - Pressure Washing Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Pressure Washing　425　m²　€3.86　€1,641 Cherry Picker Rental Based on 2 Used　1　dy　€328　€328 Total　€1,969 Section 692 - P0038 - Antifoul Ref: MYY-692220316-V3 Date: 16 March 2022 MB92 Specification - Estimated hull surface: 425m2 - Antifouling: Trilux 33 - 24 months Specification Scope of Works - Protection using appropriate tape for area not to be painted (e.g. boot top line, stainless bow plate, anodes , sensor, plimsole marks, etc.) - Application: Roller Notes - Assumes that existing antifouling is in reasonable condition - Antifouling of vessels on the yacht lift or dry docks will not cover areas under the chocks - Vessels antifouled on the travel lift will have the chock areas antifouled after the lifting from the chocks and before the launch. No priming or other works can be completed; the areas antifouled in the way of the chocks will only be covered by warranty if the launch time falls out of the manufacturers recommended time - The cherry picker pricing is for antifouling works only - A spray application is only possible in tented conditions - The antifouling calculation is based on the number of coats applied. For thickness based calculations please inquire. \*denotes low volume solids antifouls which could result in additional coats required to achieve manufactures recommended DFTs Inclusions Additional coat around waterline - Antifouling of propellers & shafts - Any local repair - to be quoted separately after pressure washing is complete - The antifouling of jet drives or intakes which will be billed on a time and materials basis or quoted separately - Crossover pipes and tanks – quotation after inspection - Hull pipe fittings – antifouling stops 50mm inside pipes from hull surface Quote: 692 - P0038 - Antifoul Title: International - Trilux 33 Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Application of 3 Coats of Antifoul　1381.25　m²　€5.60　€7,735 Price based on using Roller application Cherry Picker Rental Based on 1 Used　5.0　dy　€164　€820 Supply of Antifoul - International - Trilux 33　200　litres　€42.86　€8,573 Total　€17,128 Section 695 - E0114 - Grills & Sea Chest Ref: MYY-695220316-V3 Date: 16 March 2022 Client Specification Seachest : Inspection , clean all valves , clean strainer basket and repair if needed MB92 Specification Remove and replace grills below WL. - Fixing of damaged threads or replacement of fastenings - Any materials, works other than stated, or any resulting works Quote: 695 - Grills & Sea Chest Period: Initial Offer Description　Diameter　Qty　Un　Unit Price　Total Price Thrusters grills　0,6m² < A < 1m²　4　un　€263　€1,052 Sea chests　A > 1m²　2　un　€315　€630 1.5t Forklift　hr　€75.00 16m Cherry Picker　dy　€164 Total　€1,682 Section 696 - P0037 - P0036 - P0035 - Propspeed Works Ref: MYY-696220316-V3 Date: 16 March 2022 Client Specification - Propellers Apply 2 coats of Propspeed - Rudders Apply 2 coats of Propspeed - Shafts Apply 2 coats of Propspeed MB92 Specification Propspeed works for propellors, rudders and shafts Scope of Works - 1. Preparation of propellers, bow, and stern thrusters - 2. Application of Propspeed to propellers, bow, and stern thrusters Notes - Yard can't be held responsible in case of noise or vibrations if no sea trials were conducted with yard attendance prior haul out - Painting of the propeller blade Leading and Trailing edge is not recommended and if done is the responsibility of the client Exclusions - Removal of any props - Any materials, works other than stated, or any resulting works Quote: 696 - P0037 - P0036 - P0035 - Propspeed Works Title: Bow & Stern Thruster Propellors Period: Initial Offer Description　Qty　Un　Unit Price　Total Price Labour for Preparation & Application　48　hr　€65.00　€3,120 Supply Kits of Prop Speed　6　un　€493　€2,958 16m Cherry Picker　2　dy　€164　€328 Total　€6,406 Total ◊ Optional items €1,800 not included in total.　€192,249 Grand Total　€192,249 Signature & Acceptance Ref: MYY-220316-V3 Date: 16 March 2022 Signature - Owner's Representative　Signature - Yard Representative MOMCHIL IVANOV 16TH MAR 2022 Date　Date Notes Notes i. All works subject to MB92 La Ciotat's Standard Terms & Conditions or ICOMIA Yacht Repair Contract ii. All prices are without VAT iii. Quote valid for 30 days from issue Summary Lady May - O79 - Spring 2022 006 - Customs　€320 009 - Insurance Contribution % To Be Billed on Final Invoice　€0.00 011 - Alongside Dockage Dockage & Line Handling　€10,100 013 - Electricity Connect & Supply　€462 014 - Fresh Water Connect & Supply　€150 015 - Rubbish & Waste Disposal　€627 016 - Environmental Monitoring　€2,285 031 - Container & Office Rental　€0.00 033 - Internet Connection Optional　€646 048 - Standard Labour MB92 La Ciotat Internal Labour Rates　€0.00 048 - Standard Labour % of Project Management to be Billed on Final Invoice　€0.00 049 - Forklift & Crane Crew Items MB92 La Ciotat Equipment Rates　€0.00 052 - Shipyard Access - Owner's Contractors Administration Fee per Badge - T&M Rates　€0.00 052 - Shipyard Access - Owner's Contractors Daily Contribution Fee - T&M Rates　€0.00 061 - Haul Out & Launch　€16,710 062 - Daily Hardstanding　€7,735 063 - Access Tower　€869 064 - Fire Main　€473 065 - Grey & Black Water Disposal　€690 066 - Seawater Cooling　€1,105 071 - Protection　€6,010 106 - Valve Pressure Testing　€14,539 106 - Valve Pressure Testing T&M Rates for Painting Valves　€0.00 116 - E0109 - E0110 - Shaft Survey　€1,984 126 - E0111 - Rudder Survey　€2,895 150 - Grey & Black Water Tank Cleaning　€1,622 150 - Grey & Black Water Tank Cleaning　€1,622 166 - D0081 - Anchor Windlass　€11,708 Case 22-50073　Doc 203-3　Filed 04/11/22　MY Lady May Quotation Entered 04/11/22 12:34:01 281 - E0120 - Thrusters　€6,970 327 - I0082 - Duct and Vent Cleaning　€18,032 341 - E0117 - OWS　€3,855 401 - D0056 - Carbon Fiber Swim Ladder Repair　€10,705 402 - D0067 - Anchor Pocket Stainless Fashion Plate　€9,660 421 - D0063 - MD and Upper Deck Teak Sanding and Caulking　€7,290 601 - P0022 - Paint works　€26,000 691 - Pressure Washing　€1,969 692 - P0038 - Antifoul International - Trilux 33　€17,128 695 - Grills & Sea Chest　€1,682 696 - P0037 - P0036 - P0035 - Propspeed Works Bow & Stern Thruster Propellors　€6,406 Total ◊ Optional items €1,800 not included in total.　€192,249 Grand Total　€192,249 EXHIBIT 2 Quantum Contact: B. STAUFFER Direct Phone: +1 (954) 587-8971 EMAIL: bstauffer@quantumhydraulic.com ESTIMATE Page 1/2 Date 09-Dec-2021 Quote QS-16008 Builder Hull No FDV 688 Vessel Name LADY MAY Contract No QS-16008 REV.1 Quantum Marine Stabilizers 3685 SW 30th. Avenue Ft. Lauderdale FL 33312 **Note: Quantum is proud of its reputation for quality and service. To ensure this position, Quantum's policy is to develop and maintain its own team of highly trained service technicians. Quantum does NOT have service agreements with or endorse third party service providers.** Bill To: M/Y LADY MAY (FEADSHIP 688) Ship To: M/Y LADY MAY (FEADSHIP 688) HK INTERNATIONAL FUNDS INVESTMENTS (USA) PESTO SEA GROUP SRL C/O YACHTZOO LLC, C/O CATARINEAU & GIVENS CALATA MOLO VECCHIO MOD.3 MIAMI FLORIDA 8000 SW GENOVA 16128 UNITED STATES ITALY Purchase Order No.　Customer ID Salesperson ID Shipping Method　Payment Terms　VAT/Reseller Number QS-LADY MAY B. STAUFFER　Prepayment Quantity　Item Number　Description　UOM　Unit Price　Ext. Price 2 QMFIL28003　FILTER ELEMENT PRESSURE PARKER WPF3 05 MICRON ECOGLASS III (INCLUDES O　EA　€138.27　€276.54 1 QMFIL14002　FILTER ELEMENT RETURN SCHROEDER K (10MICRON-SYNTH) (FITS RT)　EA　€75.30　€75.30 2 QMCAR13117　CARTRIDGE CHECK VALVE NOSE TO SIDE 80GPM 5000PSI T-16A CRACK @ 15PSI　EA　€175.76　€351.52 2 QMCAR13340　CARTRIDGE DIRECTIONAL 2WAY 2POS SOLENOID NC 4GPM (2PORT UNLOADER) EA€192.93€385.86　EA　€192.93　€385.86 2 QMCOI80016　COIL 28VDC SUN W/ DIN43650 PINS FORM A FLEX　EA　€50.25　€100.50 2 QMSUP23105-0D　SUPPRESSOR W&M HYD NOISE 3000PSI 24GPM SAE16 W/ POPPET & CORE VALVE AN　EA　€748.14　€1,496.28 2 QMACC55007　KIT ACCUMULATOR BLADDER 5.0 GALLON HYDAC BLADDER　EA　€869.66　€1,739.32 NOTE:　IN CASE PRE-CHARGE IS FOUND OK, BLADDERS CAN BE KEPT AS SPARE FOR FUTURE SERVICE 1 QMCOO20060　TUBE STACK FOR BOWMAN HYDRAULIC COOLER FOR FC140- ****-4　EA　€866.87　€866.87 2 QMCOO20071　ORING SEAL FOR BOWMAN HYDRAULIC COOLER FOR FC STYLE (ONE ORING)　EA　€7.70　€15.40 1 QMFEL00850　FITTING ELBOW 90 SAEM 16 X NPTM 16 POSITIONABLE STEEL　EA　€28.25　€28.25 VALVE CHECK SWING HIGH FLOW 1" NPT FEMALE CLASS 125 1 QMVAL12278 BRONZE (FRESH WATE　EA　€73.07　€73.07 Case 22-50073 Doc 203-3 Filed 04/11/22 Entered 04/11/22 12:34:01 Page 42 of 50 Quantum Contact:　B. STAUFFER Direct Phone: +1 (954) 587-8971 EMAIL: bstauffer@quantumhydraulic.com ESTIMATE Page 2/2 Date 09-Dec-2021 Quote QS-16008 Builder Hull No FDV 688 Vessel Name LADY MAY Contract No QS-16008 REV.1 Purchase Order No.　Customer ID　Salesperson ID　Shipping Method Payment Terms　VAT/Reseller Number QS-LADY MAY　B. STAUFFER　Prepayment Quantity　Item Number　Description　UOM　Unit Price　Ext. Price NOTE:　2 PRESSURE GAUGES MOVING FORWARD, LOCAL NEW HOSES TO BE MANUFACTURED VIA SHIPYARD CYLINDER MAIN 95/60/277MM (QC1800 HD) 45MM & 57MM 4 QCCYL00093-AD00 BEARING ID - V00 REV　EA　€6,476.61　€25,906.44 4 QCPIN22100-BA02　KIT PIN CYLINDER TAPER 50MM NOMINAL 2012-DESIGN (57MM BEARING ID) FULL　EA　€2,126.50　€8,506.00 4 QCPIN18101-AA02　KIT PIN CYLINDER TAPER 40MM NOMINAL 2012-DESIGN (45MM BEARING ID) FULL　EA　€2,029.59　€8,118.36 2 AHS0000104-CA00　HOSE KIT FOR HULL UNIT 1800 COMPLETE V00 REV C　EA　€1,062.73　€2,125.46 4.00 LABOR　10 HOURS A DAY　QM LABOR FOR 2 TECHNICIANS 2 DAYS ON SITE EA, BASED ON　EA　€1,600.00　€6,400.00 4.00 TRAVEL　TRAVEL TIME FOR 2 TECHNICIANS, BASED ON 10 HOURS A DAY　EA　€900.00　€3,600.00 6 SUBSISTENCE　HOTELS, FOOD, DRINKS AND SMALL TAXIS FARES　EA　€275.00　€1,650.00 2 TRAVEL EXPENSES　TRAVEL EXPENSES ESTIMATED　EA　€1,000.00　€2,000.00 1 FREIGHT　ESTIMATED FREIGHT CHARGES NL>IT　EA　€750.00　€750.00 1 FREIGHT　ESTIMATED FREIGHT CHARGES USA>IT　EA　€750.00　€750.00 Subject to Quantum's Terms and Conditions at Misc €0.00 www.quantumhydraulic.com Tax €0.00 €65,215.17 €0.00 €0.00 €65,215.17 EXHIBIT 3 Case 22-50073 Doc 203-3 Filed 04/11/22 Entered 04/11/22 12:34:01 Page 44 of 50 Sea Inlet valves replacement MB92 La Ciotat Date / Summary - A. Valves positions and conditions - B. Expected "best case" planning A/ Valves positions and conditions View of filters tops – Need to access under, on hull bottom, to remove the bolts. A/ Valves positions and conditions Space around the filters. Access very difficult. Some cut-out may be needed. A/ Valves positions and conditions Bolts are completely rusty. Unbolting will be very difficult and may need bolts to be cut, causing damages on the surroundings elements. No guaranty that the hull flanges and filter are not corroded and need replacement. B/ Expected "best case" planning Considering bolts and valves conditions, 3 weeks minimum to complete the work assuming no cutting and no welding will be necessary. Worst case scenario 6 weeks +. No guaranty on the launch date. It will highly depends on what we will find after removal. During this work, no other works can be done in the engine room. Case 22-50073 Doc 203-3 Filed 04/11/22 Entered 04/11/22 12:34:01 Page 50 of 50 Thank you MB92 La Ciotat Date