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Mr. Rodney Davenport <br />City of Pleasanton <br />June 13, 1988 <br />Page 3 <br /> <br /> Position Amount <br /> Principal $90/hr <br /> Manager $80/hr <br /> Senior Accountants $50/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 $30,000 <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, 1988. However, based on prior <br />experience an approximate range of cost would be as follows: <br /> <br /> Single Audit - Federal Financial <br /> Assistance Programs $3,000 - $4,000 <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, such as elimination of the Special Assessment <br />Funds, above the budgeted time, we will discuss it with you and <br />determine whether the additional work is within the scope of this <br />audit proposal. It is not, an additional engagement agreement <br />will be c(~npleted. <br /> <br /> <br />