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EXHIBIT B Payment Schedule 1. Compensation. CITY shall pay CONSULTANT for all plan review services rendered in accordance with the percentage of the plan review and hourly rates stated in this Exhibit. For plumbing, mechanical, electrical and/ or fire protection system plan review services rendered the CITY shall pay $95.61 per hour. CONSULTANT shall submit invoices, not more often than once per month, based upon the work completed. If requested by the CONSULTANT' and agreed to by the CITY other payment schedules may be considered. CONSULTANT shall be paid an amount for each full plan review project equal to either the minimum of one hour of the hourly rate or fifty five percent (55 of the plan review fee collected by the CITY whichever is higher. A full plan review includes a first review of a complete set of all plans and documents submitted by a building /fire permit applicant and a subsequent review of any additional submitted material from a building /fire permit applicant based on comments generated by the plan reviewer during the first review. Revisions, delayed submittals, and additional plan reviews beyond the second review and other non permit fee projects will be billed on an hourly rate of ninety -five dollars and sixty -one cents an hour ($95.61 /hour). There is no over -time rate associated with this Agreement. Other payment schedules may be considered at the sole discretion of the CITY or if the CITY changes its collection method or fee schedule or if requested by the CONSULTANT and agreed to by the CITY. 2. Payment schedule. CITY shall make every effort to make payments within thirty (30) business days after receiving and approving a billing statement in proportion to the satisfactory completion of CONSULTANT'S services. 3. Longevity Increase for HourlyCharges. For each succeeding year of this contract starting on July, 2010 all hourly rates, as described herein above. will increase three percent (3 per hour per year. 12