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Joe Elliott <br /> December 6, 1989 <br /> Page 3 <br /> <br /> In reference to scheduling of the work, we project the following: <br /> <br /> 1. Programming, schematics and <br /> Design Review Approvals 3 Months <br /> 2. Construction document <br /> preparation 3 Months <br /> 3. Bidding 1 Month <br /> 4. Contract Award 1 Month <br /> 5. Construction 8 Months <br /> <br /> Total Estimated Time I 6 Months <br /> <br /> An all out effort, to expedite the project., could see this <br /> time reduced to 12 or 13 months. <br /> <br /> Proposed Fees <br /> <br /> We propose the following method of compensation based on <br /> our enclosed hourly rate letter with monthly payments based <br /> on submitted statements. <br /> <br /> 1. For Basic Services as outlined above: <br /> <br /> a.Design Development Phase: <br /> NTE fee of $25,000.0. <br /> <br /> b. Total fee including Design Development phase <br /> and remaining phases: <br /> NTE $85,000.00. <br /> <br /> 2. For Construction Management Services as outlined above <br /> If desired: <br /> NTE fee of $27,000.00. <br /> We a ~e~pre~d to proceed immediately <br /> <br /> /? ~/~ / ~ <br /> / ack Bras <br /> <br /> ' <br /> <br /> ! <br />!/,..' JJB: mm <br /> <br /> cc: John Severini <br /> ~.l Enc. Hourly rate sheet <br /> <br /> <br />