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Mr. Chris Dressel <br /> March 4,2014 <br /> Page 17 of 18 <br /> Phase I—Ivy Tower IBP Letter <br /> Task/Item Estimated Cost <br /> Complete IBP Letter Request Form $ 678.00 <br /> Complete Phase I ESA $4,716.00 <br /> Complete Phase II ESA/Site Investigation $ 32,113.00 <br /> Complete draft ERC $ 678.00 <br /> Submit Package to Client $ 252.00 <br /> TOTAL $38,437.00 <br /> OVERALL TOTAL $43,394.00 <br /> Phase I and II of this project will be completed concurrently. Weaver Boos estimates Phase I can <br /> be completed within 4 weeks. Phase II can be completed within 8 weeks possibly longer <br /> depending on the completion of the Hull groundwater investigation described herein. Further, <br /> Phase II may also be delayed due to the upcoming PCB-cleanup project involving Transformer <br /> Room #3. The IBP may delay the IBP Letter until the cleanup project has been completed and <br /> the final completion report is submitted to the USEPA with a copy to IDEM. <br /> Once the packages are submitted to the IBP the typical turn-around time for the IBP Letter <br /> according to Mr. Kevin Davis is 120 days, but will likely be longer depending on the complexity <br /> and the results of the PCB-cleanup. <br /> If conditions change, work extends beyond the scheduled completion date, unforeseen <br /> circumstances or environmental conditions are encountered, or work efforts are redirected our <br /> cost estimate may require modification. <br /> We fully expect to complete the outlined tasks described above for the stated sum, and this cost <br /> will not be exceeded without your prior authorization. You will be invoiced on a unit-rate basis <br /> only for the work actually performed. <br />