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David Swearingen, P.E. August 30, 2022 <br />City of Arden Hills Page 2 <br />Additional assumptions are included in Attachment B. <br />Schedule <br />We will complete this work within a mutually agreed-upon time schedule. <br />Basis of Payment/Budget <br />We propose to be reimbursed for our services on an hourly basis for the actual time expended. <br />Other direct project expenses such as printing, supplies, reproduction, etc., will be billed at cost and <br />mileage will be billed at the current allowable IRS rate for business miles. Invoices are submitted on <br />a monthly basis for work performed during the previous month. Payment is due within 30 days. <br />Based on our understanding of the project and our scope of services, we estimate the cost of our <br />services to be $115,153.50, which includes both time and expenses. <br />Changes in the Scope of Services <br />It is understood that if the scope or extent of work changes, the cost will be adjusted accordingly. <br />Before any out-of-scope work is initiated, however, we will submit a budget request for the new <br />work and will not begin work until we receive authorization from you. <br />Standard Terms and Conditions <br />The attached Standard Terms and Conditions (Attachment A), and Scope of Services <br />(Attachment B), together with this proposal for professional services, constitute the entire <br />agreement between the Client and SRF Consulting Group, Inc. and supersede all prior written or <br />oral understandings. This agreement may only be amended, supplemented, modified, or canceled by <br />a duly executed written instrument. <br />Acceptance/Notice to Proceed <br />A signed copy of this proposal, mailed or emailed to our office, will serve as acceptance of this <br />proposal and our notice to proceed. The email address is mmcgarvey@srfconsulting.com. <br /> <br /> <br /> <br />