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EXHIBIT 13 — Amended May 10, 2017 <br />Fees -- Exhibit A-3 <br />The Firm's fees for services as set forth in Exhibit A-3 of the General Services agreement dated <br />August 19, 2014, shall be billed at the Firm's standard billing rates, as follows: <br />A. For services provided as set forth in Articles I through IV, fees shall not exceed <br />One Hundred Thousand Dollars ($100,000). <br />B. For services provided as set forth in Article V, fees shall be billed at the Firm's <br />standard billing rates based upon the actual time and expenses incurred. We <br />estimate these costs to be approximately Forty-five Thousand Dollars ($45,000). <br />If, due to the length and detail of discovery requests as well as third party <br />intervention, fees may be materially higher than the estimate, the Firm will <br />provide the Client in writing with an updated fee estimate before proceeding with <br />the services to be provided. <br />The above fees shall include all expenses incurred by the Firm with the exception of expenses incurred <br />for travel, if any, outside the State of Indiana. No such expenses will be incurred without the prior <br />authorization of the Client. The fees do not include the charges of other entities such as rating agencies, <br />bond and official statement printers, couriers, newspapers, bond insurance companies, bond counsel and <br />local counsel, and electronic bidding services, including Parity©. Coordination of the printing and <br />distribution of Official Statements or any other Offering Document are to be reimbursed by the Client <br />based upon the time and expense for such services. <br />Standard Hourly Rates by Job Classification <br />01/01/2017 <br />Partners / Principals <br />$275.00 <br />to <br />$475.00 <br />Managers <br />$190.00 <br />to <br />$325.00 <br />Consultants <br />$130.00 <br />to <br />$250.00 <br />Municipal Bond Disclosure Specialists <br />$120.00 <br />to <br />$195.00 <br />Support Personnel <br />$105.00 <br />to <br />$150.00 <br />Billing rates are subject to change periodically due to changing requirements and economic <br />conditions. Actual fees will be based upon experience of the staff assigned and the complexity of the <br />engagement. <br />Board of Public Works, Ci of South Bend, Indiana <br />H. mba 1 c Associates <br />C ified P blic Accountants <br />May 10, 2017 <br />Date Date <br />