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5. Time of Performance. The services of the <br /> Consultant for this Agreement shall be <br /> undertaken and completed within three months <br /> from project start date. The time of <br /> performance of this agreement may be modified <br /> by mutual consent of the parties. <br /> <br /> 6. Compensation. The Employer agrees to pay the <br /> Consultant on a time and charges basis, as <br /> billed, for the services set forth herein. <br /> BIDDLE & ASSOCIATES' hourly personnel rates <br /> are set forth below, but not to exceed $14,000 <br /> for the project as described in the attached <br /> proposal. <br /> <br /> 1987 <br /> ~QURLY RATES <br /> <br /> R. E. Biddle $ 135.00 <br /> Statistician 110.00 <br /> Senior Consultant 110.00 <br /> Consultant IV 100.00 <br /> Specialist 95.00 <br /> Systems Engineer -- 95.00 <br /> Consultant III 90.00 <br /> Senior Programmer 90.00 <br /> Consultant II 85.00 <br /> Programmer 60.00 <br /> Consultant I 60.00 <br /> Computer Assistant 40.00 <br /> Research Assistant 40.00 <br /> Personnel Assistant 40.00 <br /> Secretary 25.00 <br /> Clerk 20.00 <br /> <br /> Personnel fees shall not include such expenses <br /> as air fare, hotel, mileage, subsistence, <br /> rental car, parking, reproduction, mail or <br /> computer charges. Time for travel is charged <br /> at the above-stated rates. <br /> <br /> 7. Method of Payment. The Consultant will submit <br /> a monthly bill to the Employer for services <br /> described herein. Payments will be made <br /> monthly to the Consultant by the Employer upon <br /> the receipt of Consultant.'s bill. A service <br /> fee of one and one-half percent (1-1/2%) per <br /> month, eighteen percent (18%) per year will be <br /> charged on all unpaid balances in excess of <br /> forty-five (45) days past due. <br /> <br />Biddle & Associates -2- 1/87 <br /> <br /> <br />