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Mr. David Swearingen I Arden Hills <br />South Tower Improvements Project PW-23-0107 <br />August 23, 2023 <br />Page 3 <br />• Project Bidding — January through February 2024 <br />• Construction Administration — Summer/Fall 2024 <br />VI. COMPENSATION <br />Compensation to TKDA for services provided as described in SECTION II of this Proposal shall be on an Hourly <br />Time and Materials basis in an amount not to exceed $67,183. Our detailed Project Fee Estimate is attached. <br />Payment shall be made in accordance with Article 3 of the attached General Provisions. <br />The level of effort required to accomplish SECTION II services can be affected by factors which are beyond our <br />control. Therefore, if it appears at any time charges for services rendered under SECTION II will exceed the above, <br />we agree we will not perform services or incur costs which will result in billings in excess of such amount until we <br />have been advised by you additional funds are available and our work can proceed. <br />VII. CONTRACTUAL INTENT <br />We thank you for the opportunity to submit this Proposal. We agree this letter and its attachments constitute a <br />contract between us upon a signed copy returned to us. This Proposal will be open for acceptance for 30 days <br />unless the provisions herein are changed by us in writing prior to that time. Please feel free to contact Dan Nesler <br />directly at 651.726.7977 or dan.neslenjc�tkda.com if you have any questions. <br />Sincerely, <br />Dan Nesler, PE <br />Project Manager <br />Attachments: Project Fee Estimate <br />General Provisions <br />ACCEPTED FOR CITY OF ARDEN HILLS <br />By: <br />Peter "Rusty" Steitz, PE <br />Vice President, Facilities Engineering <br />Signature Printed Name/Title Date <br />CLIENT DESIGNATED REPRESENTATIVE: <br />Name/Title Phone Email <br />DAN:PRS:add:ayo <br />rmi <br />I <br />