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IF Brennan Compaaniy, NIinc. <br />kil£) 13 nirthrid li<yrsd 6 Li (ira,.,o;'M 460'3 <br />This proposal is submitted with the understanding that the Client will agree: <br />1) To pay Brennan the amount outlined in the budgetary T and M table below: <br />a) Assumptions & General Clarifications <br />i) Pricing <br />(1) Mobilization/De-mobilization: This proposal includes the price for one (1) mobilization and one <br />(1) demobilization of crew and equipment from our Ottawa, IL office. <br />(2) Dive days will be paid in full once onsite; no partial days are assumed. <br />(3) Overtime dive crew hours beyond 10 hours per day will be billed at $645.00/hour. <br />b) Other Assumptions, Inclusions & Exclusions <br />i) This proposal includes the following: <br />(1) Dive inspection of the predefined locations of the upstream and downstream faces of the dam <br />structure (up to 12 hours of onsite time). <br />(2) Brennan to provide a formal report outlining the inspection findings. <br />(3) Brennan, in conjunction with the onsite operator will perform a thorough lock out/tag out of all <br />hazards. <br />(4) Downtime between water diversion operations will be less than 30 minutes. <br />(5) River flows will be conducive to diving operations. <br />c) This proposal excludes the following: <br />i) Working with hazardous materials. <br />ii) Permits licenses or fees of any kind. <br />iii) Utility location services. <br />iv) Penetration diving. <br />d) This proposal assumes a contract with agreed upon terms and conditions will be arrived at prior to any work <br />or incurring any other costs. <br />e) This proposal is good for 30 days. <br />2) To pay Brennan the following direct costs plus a fee of 15 percent of such costs. <br />a) All necessary materials. <br />b) Transportation for materials and equipment. <br />c) Other expenses incidental to the performance of the work. <br />d) All state, local, and federal taxes other than those based upon net income. <br />