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Any project that will take more than five (5) hours of Professional Services work will require both <br />parties to execute a formal Statement of Work. Depending on the nature of the work required, <br />Consultant will provide one of the following quotation methods: <br />Fixed Quote — a fixed project cost will be set. Consultant may elect to waive this cost in <br />some circumstances. City understands and accepts that it must accept the terms and <br />conditions of the,Statement of Work for the project and that changes made to the project <br />requirements, data file structure, etc., after the Statement of Work and any amendments to <br />it have been finalized will require City to pay for these changes on a Time and Materials <br />basis. City will be notified immediately if this scenario arises and will be given an option <br />to keep the original project specifications to keep the fixed quote in place. <br />• Time and Materials quote — should it not be possible to provide a fixed quote due to the <br />nature of a City's requested project, then Consultant will provide an estimated number of <br />hours to complete the project and bill the hours on a Time and Materials basis. The <br />Statement of Work will include the terms and conditions for these project types and City <br />will be invoiced weekly for the hours spent on the project. <br />Section 4. Initial Setun Cost: Consultant Primary Services <br />The Initial Setup cost for the Consultant Primary Services selected in Exhibit A are listed in Exhibit <br />B. These costs have been provided using a Fixed Quote process, explained in Section 3 above. <br />City understands and agrees to. these terms, and to the project -specific terms and conditions that <br />will be provided in the Statement of Work that will be created to capture City's specific <br />requirements and data types. <br />#7832v2 <br />25D-24 <br />