RES 88143 - Laserfiche WebLink

REVISED EXHIBIT B COMPENSATION Compensation for services provided under Article I as described in Exhibit A, Scope of Services, shall be in accordance with the methods described in this Exhibit and the specific amounts shown on the attached schedule, or as may be later mutually agreed to. Unless otherwise mutually agreed, compensation for Planning Engineering Services and Special Engineering Services shall be on an Hourly Rate basis (Time and Expense) to an identified cost ceiling which shall not be exceeded without prior written approval. I. HOURLY RATE Compensation for each service or task authorized on an hourly rate basis shall be the sum of hourly labor costs and other direct costs, as herein defined. Reimbursement for services performed on an hourly rate basis shall not exceed the price ceiling listed in the compensation schedule without formally amending this Agreement. 1. Hourly Labor Cost. Hourly labor cost shall be the total number of hours worked on the job by each employee times the appropriate billing rate shown on the attached Hourly Billing Rate Schedule dated October 3, 1987. The billing rate for each category of employee shall be set forth in a rate schedule agreed upon at the time of authorization of hourly rate work. Billing rates shall be revised annually on the last Friday of September, to reflect relevant changes in engineering salary costs. Revisions of the tabulation of hourly billing rates shall be approved by the City. Hourly labor charges include salary rates, fringe benefits, general and administrative overhead, and profit.. General and administrative overhead includes indirect expenses and costs not identifiable as directly allocable to individual projects. Profit includes state and federal income taxes, plus profit. Revised Exhibit B City of Pleasanton April 5, 1988 Page 1 of 3