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15 <br />FEE SCHEDULE <br />RSG proposes to provide the tasks described in the Scope of Services on a time -and -materials basis not to <br />exceed $16,820. The timeframe for the completion of a subsidy layering analysis for an affordable multi- <br />family project is approximately 6-8 weeks. The services would be provided per the terms and conditions of <br />a consulting services agreement. A detailed billing will be submitted monthly for payment. The Scope of <br />Services will be billed on a time -and -materials basis at the following hourly rates: <br />Hourly Billing Rates <br />Principal / Director <br />- $ 275 <br />Senior Associate <br />$20o <br />Associate <br />$ 185 <br />Senior Analyst <br />$ 150 <br />Analyst <br />$ 135 <br />Research Assistant <br />$ 125 <br />Technician <br />$ 80 <br />Clerical <br />$ 60 <br />Reimbursable Expenses <br />Cost plus 10% <br />RSG does not charge clients for travel or mileage (except direct costs related to field work/surveys), parking, <br />standard telephone/fax expenses, general postage or incidental copies. However, we do charge for <br />messenger services, overnight shipping/express mail costs, and teleconferencing services. We also charge <br />for copies of reports, documents, notices, and support material in excess of five (5) copies. These costs are <br />charged back at the actual expense plus a 10% surcharge. <br />RSG issues monthly invoices payable upon receipt, unless otherwise agreed upon in advance. Invoices <br />identify tasks completed to date, hours expended and the hourly rate. <br />