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REV: 04-10-26 MI <br />Fees <br />Consultant will be paid on a per task basis per the fee schedule below: <br />Project Fee <br />Measurement Date 06/30/2025 <br />1) Biennial Actuarial Valuation <br />2) Development of ADCs <br />3) FYE 2026 GASB 75 Report <br />$13,500 <br />Measurement Date 06/30/26; Valuation <br />Date 06/30/2025 <br />1) FYE 2027 GASB 75 Report <br />$2,700 <br />Optional Additional Services On an hourly basis per the hourly rates <br />below not to exceed $3,800 <br />Total $20,000 <br />Optional Additional Services <br />Includes extended data analysis, in-person meetings, additional audit support, plan <br />design consulting, and forecasting. <br />Hourly Rates (Additional Services) <br />Senior Actuarial Consultants: $460 <br />Actuarial Consultants: $360–$425 <br />Actuarial Analysts: $195–$330 <br />Administrative Staff: $130–$165 <br />ATTY/AGR.2026.101/MacLeod Watts (Agreement For Services) (Page 12 of 12)