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Wagstaff and Associates Proposal for Services <br /> City of Redwood City Peninsula Park Project EIR Addendum Project <br /> September 28,2006 Page 3-1 <br /> 3. PROPOSED BUDGET AND COMPENSATION <br /> 3.1 CONTRACT FEE <br /> The estimated contract fee for professional labor and miscellaneous costs to complete the work <br /> scope described in section 2 herein totals $91,455. A cost breakdown and associated labor <br /> estimate breakdown are provided in Tables 4 and 5, respectively. The cost estimate assumes <br /> that the cost to prepare and deliver the responses to comments memorandum (administrative <br /> draft and final draft)will not exceed $6,320 (16 principal hours; 24 senior planner hours). The <br /> estimate includes a 5 percent contingency amount for use in the event that unforeseen <br /> additional services, report copies, meeting attendance, etc., beyond the scope described herein, <br /> is requested by the City. No amount of the contingency subtotal will be used without City staff <br /> permission. <br /> 3.2 COMPENSATION <br /> Payments by the City to Wagstaff and Associates for services rendered in accordance with the <br /> scope of services and schedule described herein will be made on a monthly basis based upon <br /> submission of monthly statements, itemizing charges, including monthly totals and running <br /> totals. The payment schedule will be as follows: <br /> a. Monthly payments not exceeding 75 percent of the total fee prior to completion of the <br /> Administrative Draft EIR Addendum; <br /> b. Monthly payments not exceeding 80 percent of the total fee prior to completion of the <br /> "Screen Check" EIR Addendum; <br /> c. Monthly payments not exceeding 90 percent of the total fee prior to completion of the <br /> public release EIR Addendum; and <br /> d. Monthly payments not exceeding 100 percent of the total fee prior to City adoption of the <br /> final EIR Addendum, or 75 days after submittal of the final Addendum, whichever occurs first. <br /> C:IDocuments and SettingslkmateolLocal SettingslTemporary Internet FilesI0602 proposal section 3-rev.doc <br />