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CONTRACT AND PAYMENT TERMS Background Information Provision The contractual client for this proposed project agrees to provide all potentially useful and applicable project background information to Olson Engineering, Inc. (OLSON) that relates to our proposed technical work scope (e.g., project design drawings, as -built information, materials test results, previous engineering investigation reports, history of construction, damage, repairs, etc.). Olson Engineering, Inc. requires this information to effectively plan, execute fieldwork, analyze data and report our investigation findings, conclusions and recommendations. The client further agrees to provide any pertinent information that is developed after submittal of our project report to OLSON in order that we may revise and update our report findings, conclusions and recommendations as appropriate based on the newly provided information. The client for this project agrees that we will not be held technically or financially liable should pertinent project information be subsequently developed and provided to us that adversely impacts our investigation report findings, conclusions and recommendations. Tax Pass -through Provision Charges for city, state, or other local taxes which are assessed on us for performing this investigation at this location will be billed at cost (if applicable) in addition to the invoiced project costs. Payment Terms and Prompt Payment Discount Provisions Invoices will be submitted on a per trip basis upon completion and submittal of the project report (draft or final report). For projects of longer than 1 month in duration, progress payment invoices will be prepared and billed monthly on a percentage completion basis based on the contractual scope of work. Standard Payment terms are net 30 days from the date of invoice with a service charge of 1% per month on unpaid balance after 90 days from the date of invoice. Prompt payment discount terms are offered as follows on each project invoice. - 5% DISCOUNT on the total investigation costs will be applied IF payment is received within 15 days from the date of invoice. Under no circumstances are we to receive full payment later than 90 days from the date of an invoice unless otherwise agreed to. Any payments not made within 90 days will be subject to collection procedures. We maintain general business, auto, and professional liability insurance as well as workman's compensation and will provide certificates upon request. Conduct and Authorization of Work The investigation will be performed in accordance with our attached general work conditions. No work is to commence without a signed contract transmitted by mail, fax or email to our office with an original signed contract to ultimately be sent to our office. Olson Proposal No. P2023149.1 GP Page 5