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EXHIBIT B <br /> VENDOR'S FEES <br /> Cost: <br /> The hourly rate will be based on the total number of hours required to develop the system. The <br /> table below designates the tiers to be used to determine the final the hourly rate. <br /> Hourly Rate Min Hours Worked Max Hours Worked <br /> $120.00 1,101 >1,101 <br /> $125.00 1,001 1,100 <br /> $130.00 901 1,000 <br /> $140.00 801 900 <br /> $150.00 0 800 <br /> City of Redwood City will bill the City of Foster City at the completion of the project <br /> based on the total hours worked. <br /> City of Redwood City will provide a monthly report to City of Foster City regarding hours <br /> spent and estimated percentage complete on the project to date. <br /> Hours over 1,100 require approval by City of Foster City. <br /> REV: 10-14-14 MLG <br /> Page 10 of 12 <br /> ATTY/AGR.2014.209/Development of CalOpps for Foster City <br />