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ESTIMATED FEE <br />As noted above, we have estimated the total cost for Phase 1 will not to exceed $177,000, <br />and the total cost for Phase 2 will not exceed $153,000. Both phases include reimbursable <br />expenses. <br />If and when the value of work accomplished exceeds 80% of the total estimated fee for each <br />Phase, we will assess the remaining work and will notify you, in writing, if additional <br />compensation will be needed. If additional compensation is needed, we will do no work <br />beyond the total estimated fee until you issue a written notice accepting the additional <br />charges. <br />We will bill you monthly, on a time and material basis, for assigned tasks in accordance with <br />our attached Standard Charges for Professional Services. In addition, our contract will be <br />established in accordance with the attached General Terms and Conditions. These General <br />Terms and Conditions are expressly incorporated into and are an integral part of this <br />contract for professional services. <br />Reimbursable expenses include mileage for all project- related travel, color plots, <br />photocopies and plan reproduction, and supplies, such as binders, tabs, and related office <br />products. Reimbursable expenses are expected to not exceed $3,500 and will be listed <br />separately on project invoices. <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 the <br />Estimated Fee, the attached Standard Charges for Professional Services, and the attached <br />General Terms and Conditions constitute the whole of our Agreement. Any modification to <br />any part of this Agreement without prior acknowledgement and consent by CBBEL will make <br />null and void this Agreement. Any time commitment made by CBBEL as part of the <br />Agreement does not begin until CBBEL has received an executed original. <br />We appreciate the opportunity to submit this proposal and look forward to working with you <br />on this project. Please contact Jason Durr at 574 - 282 -8001 or me at 317 -266 -8000 if you <br />have any questions. <br />Sincerely, <br />___4 <br />Jon D. Stolz, P.E. <br />Manager, Indiana <br />Christopher S. Burke Engineering Ltd. City of South Bend: Fellows Street Corridor Improvements <br />01.131.10093.00000 Page 4 of 5 <br />