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Phase 1 NHC 2022.03.03 Bond Estimate March 3, 2022 M&C 04245-0001 (26) Mr. Will Riddick D. R. Horton 131 Racine Drive, Suite 201 Wilmington, NC 28403 RE: Sidbury Station – Phase 1 Onsite Improvements Bond Estimate Dear Mr. Riddick: This letter is to serve as Bond Estimate documentation for the above referenced project. The value was determined using the contractor’s January 2021 pay application for work completed to date and work remaining for completion. The executed construction contract includes completing/installation of the following: mobilization, erosion control, clearing, site grading, storm drainage systems, onsite gravity sewer system, onsite water distribution system, sidewalks and roadways. I trust you will find the enclosed satisfactory. If you should have any questions regarding this information, please feel free to contact me at (910) 343-1048. Sincerely, McKIM & CREED, INC. Richard A. Moore, PE Regional Manager Attachments cc: File – 04245-0001-26