EXERCISE OF RENEWAL OPTION GOVERNMENT OF THE UNITED STATES VIRGIN ISLANDS CF DEPARTMENT OF PROPERTY & PROCUREMENT CONTRACT NO.: PCOISDPWT18 DATED: July 1, 2017 EXERCISE OF RENEWAL OPTION Contractor Description of Scope of Work/Services Cornelius Maher As per Addendum No. | — Right of Way PMB 297 Program Manager summarized below: 8168 Crown Bay Marina STE 310 The primary and ongoing responsibility of the St. Thomas, V1 00802-5819 contracior will be to oversee and manage the Right of Way Program for the Territory of the U.S. Virgin Islands. This responsibility also encompasses the reviewing of appraisals on Federal-aid projects in accordance with the Appraisal Guide and Federal Regulations 49 CFR Sec. 24.104. The reviewer will determine the approved estimate of just compensation which is reasonably supported by an accepted appraisal. This determination will be set forth in a signed written statement which identifies the appraisal report reviewed and will contain whatever explanation that is necessary to support the recommended value. Pursuant to the renewal option provision of Contract No. PCOL9DPWT 18, and subject to the appropriation and allotment of necessary funds, notice is hereby given that the Government of the U.S. Virgin Islands, Department of Public Works, exercises its option to renew and does hereby renew the aforementioned contract for the period July 1, 2019 to June 30, 2020, at the stipulated cost therein. All the terms, covenants, and conditions of the contract affected shall continue in full force and effect. Please acknowledge receipt and acceptance hereby signing and returning the original to: The Department of Property and Procurement Bldg. # | Subbase St. Thomas, U.S. Virgin Islands 00802 ACKNOWLEDGMENT & ACCEPTANCE: GOVERNMENT OF THE VIRGIN ISLANDS Cornelius Maher ony ty Jr., Commissioner Tefarent ot t of Public Works DATE: C/A OAV, DATE: b |r») Gf they ‘ae ar 6.25.2019 mca Thomas, Commissioner DATE partment of Property & Procurement PO37DPNT1I9