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Mr. James Walker <br />City of Pleasanton <br />June 6, 1989 <br />Page 3 <br /> <br /> Position Amount <br /> Principal $92/hr <br /> Manager $80/hr <br /> Senior Accountants $55/hr <br /> Staff Accountants $40/hr <br /> Junior Accountants $35/hr <br /> Clerical $20/hr <br /> <br />However, the total amount payable by you for auditing services <br />shall not exceed the following: <br /> <br /> Audit of General Purpose Financial <br /> Statements and 1967 Water <br /> Revenue Bond Audit $30,900 <br /> <br /> We are unable to quote a specific price to you for the <br />additional auditing procedures required by the Single Audit for <br />Federal Financial Assistance programs, as we have not had the <br />opportunity to review the number of grants and major programs for <br />the year ending June 30, 1989. However, based on prior experience <br />an approximate range of cost would be as follows: <br /> <br /> Single A~dit - Federal Financial <br /> Assistance Programs $3,090 - $4,200 <br /> <br /> These fees are based on anticipated cooperation from your <br />personnel and the assumption that unexpected circumstances will <br />not encountered during the audit. If significant additional time <br />is necessary to review changes in the financial statement <br />presentation, above the budgeted time, we will discuss it with you <br />and determine whether the additional work is within the scope of <br />this audit proposal. If it is not, an additional engagement <br />agreement will be completed. <br /> <br /> <br />