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Page 7 of 9 <br /> <br />Compensation <br /> <br />Time & Materials (Ad Hoc) Work <br />Consultants\’s hourly rates (listed below) will be available to the City for any services provided. <br /> <br />2023-24 Rates <br /> <br />Title Hourly - Standard <br />Principal $350 <br />Director $240 <br />Art/Creative Director $240 <br />Senior Business Analyst $190 <br />Business Analyst $130 <br />Junior Business Analyst $105 <br />Senior Videographer/Animator $190 <br />Senior Photographer $160 <br />Videographer/Photographer $120 <br />Senior Graphic Designer $175 <br />Graphic Designer $120 <br />Junior Graphic Designer $105 <br />Web Developer $195 <br />Drone Operator $195 <br />Council Chamber A/V Operator $105 <br /> <br />Time and Materials Billing <br />Any requested ad hoc work will be invoiced at the end of the month in which the work was done. <br />Terms are net 30 days. <br />Fixed price project work will be invoiced per the above noted payment schedule. This will also be <br />net 30 days. <br />Time & Materials Billing Increments <br />For ad hoc work, time at Tripepi Smith is billed in 15-minute increments – i.e. we invoice our time <br />in the following examples: 1.25, 0.75, 4.0 or 6.5 hours. <br />Annual Increase <br />Tripepi Smith will increase the hourly rates and retainer fees for all resources by five percent <br />(5%) or the national CPI index–whichever is higher-each year on the anniversary of the contract, <br />starting on the first anniversary of any contract when the contract duration is longer than one <br />year. Otherwise, new rates will be negotiated with each new contract renewal period. <br />DocuSign Envelope ID: B39703F3-551E-4DB8-B852-AD8AE8B4B6A6