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Pyramid Group International, Inc. <br />Task 2. Bidder's Meeting and Response Evaluation <br />After the release of the RFP, PGI will support the City in conducting a bidder's meeting and <br />answering questions from interested parties. PGI will prepare the presentation for the meeting. <br />At the close of the RFP process, PGI will work with the City to evaluate responses to the RFP. PGI <br />will develop a matrix to assist the City in selecting bidders offering the most benefits to the City, <br />including identification of bidders offering services and business models that are best aligned <br />with the City's goals and objectives. PGI will make recommendations to the City on which of the <br />bidders should be granted the project. <br />Task 3. Agreement Negotiations <br />PGI will assist the City by overseeing contract negotiations with up to two selected proposer(s) <br />to ensure that terms are in line with best practice and are beneficial to City. PGI will also review <br />the resultant contract with the selected outdoor advertising company to ensure that the agreed - <br />on terms are consistent with the discussions during the contract negotiations. <br />PGI will not assess the terms of agreement for legality since this is the role of the City legal <br />counsel. Instead, the assessment by PGI will be solely to ensure that the City is getting what was <br />presented in the RFP response and agreed on with the selected proposer. <br />Task4. Management, Meetings and Presentations <br />PGI will meet regularly with the City to discuss the status of the project, major milestones, and <br />deliverables as well as to ensure alignment on project goals. PGI will be available to the City for <br />up to two onsite meetings/presentations. <br />Cost <br />The cost presented by PGI is based on a rate of $220 per hour and PGI's services would be billed <br />in hourly increments. Because of the proximity of PGFs offices to Santa Ana, travel costs are <br />minimal and therefore neglectable. The cost for proposed scope of work is presented below per <br />task. <br />Task No. <br />Task Description <br />Hours <br />Total <br />1 <br />RFP Preparation <br />80 <br />$17,600 <br />2 <br />Bidder's Meeting and Response Evaluation <br />40 <br />$8,800 <br />3 <br />Agreement Negotiations <br />36 <br />$7,920 <br />4 <br />Management, Meetings and Presentations <br />60 <br />$13,200 <br />Total: $47,740 <br />PGI would bill the City monthly. Invoices are payable on net 45 payment terms from the day of <br />invoice. If additional services are required beyond those stated in the scope of work, PGI would <br />first seek City's approval prior to performing any additional work and would bill on an hourly <br />basis. <br />