Application 3

Brickell Bay Tower · C-BRK-2201-02 · period ending Jul 1, 2025 · Paid

Completed to date

$670,794

Stored materials

$110,917

Retainage withheld

$78,171

Retainage required

$78,171

Due this application

$246,341

Continuation sheet

Scheduled value is shown adjusted for approved change orders only. Rows shaded red carry an exception; the reason is listed beneath the table.

#	Cost code	Description	Base value	Approved COs	Adjusted value	Previous	This period	Completed to date	Stored	%	Retainage
1	15-400	Plumbing	$3,025,000	$139,627	$3,164,627	$86,515	$98,010	$184,525	—	6%	$18,453
2	05-100	Structural steel	$4,789,583	—	$4,789,583	$0	$4,790	$4,790	—	0%	$479
3	02-200	Sitework and excavation	$2,772,917	—	$2,772,917	$0	$0	$0	—	0%	$0
4	21-100	Fire protection	$1,008,333	$44,898	$1,053,232	$0	$0	$0	—	0%	$0
5	09-650	Flooring and finishes	$2,772,917	$243,502	$3,016,418	$245,680	$89,843	$335,523	$110,917	11%	$44,644
6	07-500	Roofing and waterproofing	$2,268,750	—	$2,268,750	$64,886	$73,508	$138,394	—	6%	$13,839
7	03-330	Concrete, superstructure	$7,562,500	—	$7,562,500	$0	$7,563	$7,563	—	0%	$756
Totals			$24,200,000	$428,027	$24,628,027	$397,082	$273,712	$670,794	$110,917	3%	$78,171

Exceptions on this application

HighSTORED-NO-INVOICEStored materials claimed without supplier documentation$110,917

$110,917 of stored materials claimed on line 5 with no supplier invoice or bill of sale in the application

Stored materials are paid for before they are installed, so the only protection is proof the material exists, is paid for, and is titled to the project.

Remedy Require the supplier invoice, a bill of sale, and evidence of insured off-site storage before releasing the stored materials amount.

claimed $110,917supported supporting invoice requiredcontinuation line 5 (09-650)

Documents submitted with the draw

Kind	File	Amount	Received
certified_payroll	payroll_app03.pdf p.1 of 10	—	Jul 4, 2025
conditional_waiver	waiver_cond_app03.pdf p.1 of 1	—	Jul 7, 2025
unconditional_waiver	waiver_uncond_app03.pdf p.1 of 1	—	Aug 12, 2025