CBS-2405 · Coral Bay Surgical Center

Everglade Electric

C-CBS-2405-06 · original $9,800,000 · retainage 10% · owner Coral Bay Health Properties Inc · lender Truist

Adjusted value

$10,224,938

Billed to date

$8,827,535 (86%)

Observed complete

90%

Amount at issue

$55,991

progress observed Aug 27, 2026 by Owner representative site walk · source site_observation_cbs-2405.pdf p.6

Draw history

App	Period ending	Status	Completed to date	This period	Retainage held	Retainage required	Due	% billed
1	Dec 8, 2025	Paid	$128,854	$128,854	$12,885	$12,885	$115,969	1%
2	Jan 7, 2026	Paid	$255,432	$126,578	$30,285	$30,285	$156,598	3%
3	Feb 6, 2026	Paid	$757,018	$501,586	$80,444	$80,444	$451,428	7%
4	Mar 8, 2026	Paid	$2,085,535	$1,328,516	$208,553	$208,553	$1,152,987	20%
5	Apr 7, 2026	Paid	$4,152,355	$2,066,820	$415,235	$415,235	$1,860,138	41%
6	May 7, 2026	Paid	$6,219,175	$2,066,820	$621,917	$621,917	$1,860,138	61%
7	Jun 6, 2026	Paid	$7,661,735	$1,442,560	$766,173	$766,173	$1,298,304	75%
8	Jul 6, 2026	Paid	$8,434,955	$773,220	$843,495	$843,495	$695,898	82%
9	Aug 5, 2026	Certified	$8,763,935	$328,980	$876,393	$876,393	$296,082	86%
10	Sep 4, 2026	Submitted	$8,827,535	$63,601	$882,754	$882,754	$57,241	86%

Number	Description	Applies to	Status	Approved	Amount
CO-001	Owner-directed revision, curtain wall and glazing	line 7 — Curtain wall and glazing	approved	Jan 29, 2026	$202,104
CO-002	Owner-directed revision, electrical	line 5 — Electrical	approved	Feb 28, 2026	$100,508
CO-003	Owner-directed revision, concrete, superstructure	line 4 — Concrete, superstructure	approved	Mar 30, 2026	$122,326

MediumPROGRESS-REGRESSIONapplication 10$55,991

Line 3 reports $743,879 complete to date, below the $799,870 reported on the previous application

claimed $743,879supported $799,870