If you are basing your EI on the .11 density above FB+fog, then the EI is accurate. If you did your development test based upon film shot at the EI determined in the first step then the development test is valid. If the development test is valid, then the density that you show is indicative of too long a development time. That is a density that would be suitable for contact printing on Azo (althought a bit high for that) but certainly much too high a contrast for conventional enlarging. For a diffusion light source 1.20-1.30, for a condensor light source 1.10-1.20 are what I strive for on a VIII value density. I would think that you need to reduce your time by more then 3 minutes based upon the times you related and the density that you indicated.