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Exhibit B <br />Fees <br />The Firm's fees for services set forth in Exhibit A will be billed at the Firm's standard billing rates based <br />upon the actual time and expenses incurred and will not exceed Fifteen Dollars ($15,000) without further <br />authorization from the Client. <br />Standard Hourly Pates by Job Classification <br />1/1/2019 <br />Partners / Principals / Directors <br />$240.00 <br />to <br />$550.00 <br />Managers <br />$200.00 <br />to <br />$325.00 <br />Senior Consultants <br />$150.00 <br />to <br />$250.00 <br />Consultants <br />$135.00 <br />to <br />$200.00 <br />Municipal Bond Disclosure Specialists <br />$120.00 <br />to <br />$190.00 <br />Support Personnel <br />$110.00 <br />to <br />$150.00 <br />Interns <br />$90.00 <br />to <br />$110.00 <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 <br />of the engagement. <br />The above fees shall include all expenses incurred by the Firm with the exception of expenses incurred for <br />mileage which will be billed on a separate line item. 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 based <br />upon the time and expense for such services. <br />