Professional Services Agreement - Lochmueller Group Inc. - Lincolnway East Corridor Improvements

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3. The Engineer shall deliver documentation to the Board so that the Board may make all arrangements to deliver payment to each property owner or to file for condemnation and to properly record the transfer documents. 4. The Engineer shall conduct a scoping meeting immediately after receiving a Notice -To - Proceed from the Board to identify the parcels needing a 2nd Appraisal, to set Appraising & Buying Fees, and to review the project schedule. B. Appraisal 1. The appraiser(s) shall be determined at a later date pursuant to availability, approval of the Board, and shall be hereinafter referred to as the Appraiser. 2. The appraiser shall perform the appraisal work covered by this Agreement, shall be a licensed appraiser in the State of Indiana, and on INDOT's approved Appraisers/Review Appraisers list. No work by the Appraiser shall be sublet, assigned or otherwise performed by anyone other than the Appraiser. 4. Should the quality and/or progress of the appraisals be deemed unsatisfactory, the Board may terminate the services of the Appraiser by giving five (5) days written notice. The earned value of the work performed shall be based upon an estimate of the portion of the services as have been rendered by the Appraiser to the date of termination. All work, completed or partially completed, shall become the property of the Board. 5. The Appraiser shall examine the plans for this project and review in the field the various parcels herein designated. 6. The Appraiser shall give the owner of each parcel to be appraised the opportunity to accompany the Appraiser during the inspection of the parcel. 7. The appraisals shall be sufficiently documented to meet the minimum standards set out in the INDOT's procedures as approved by the FHWA. The Appraiser shall follow accepted principals and techniques in evaluation of real property in accordance with State Laws. Any appraisal that does not meet such requirements shall be further documented or reappraised as the case may be without additional compensation to the Appraiser. 8. The Appraiser's report shall adequately address, as a minimum, the following: a. The purpose of the appraisal, which includes a statement of value to be estimated and the rights or interests being appraised, b. Identification of the property and its ownership, including at least a 5-year delineation of title, c. Statement of appropriate contingent and limiting conditions, if any, Page 4 (Exhibit A -- Engineer's Services) EJCDC E-500 Agreement Between Owner and Engineer for Professional Services Copyright cO 2008 National Society of Professional Engineers for EdCDC. All rights reserved.