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ESTIMATED FEE <br />We have estimated the total cost for these services to be $121,550 plus reimbursable <br />expenses. If and when the value of work accomplished exceeds 80% of the total fee, we <br />will assess the remaining work and will notify you, in writing, if additional compensation <br />will be needed. If additional compensation is needed, we will do no work beyond the <br />total estimated fee until you issue a written notice accepting the additional charges.. <br />We will bill you monthly, on a time and material basis, for assigned tasks in accordance <br />with our attached standard Charges for Professional Services. In addition, our contract <br />will be established in accordance with the attached General Terms and Conditions. <br />These General Terms and Conditions are expressly incorporated into and are an integral <br />part of this contract for professional services. <br />If this proposal meets with your approval, please sign where indicated and return an <br />executed original to us as our Notice to Proceed. The executed Proposal, along with <br />the Estimated Fee, the attached Standard Charges for Professional Services, and the <br />attached General Terms and Conditions constitute the whole of our Agreement. Any <br />modification to any part of this Agreement without prior acknowledgement and consent <br />by CBBEL will make null and void this Agreement. Any time commitment made by <br />CBBEL as part of the Agreement does not begin until CBBEL has received an executed <br />original. <br />We appreciate the opportunity to submit this proposal and look forward to working with <br />you on this project. Please contact me at the number listed above or Jason Durr at 574- <br />282 -8001 if you have any questions. <br />Sincerely, <br />Jon D. Stolz, P.E. <br />Manager, Indiana <br />13 Christopher B. Burke Engineering Ltd. [City of South Bend - CM for Erskine Pond Reconstruction] 3 <br />