INFINITY COMMUNICATIONS AND CONSULTING, INC. (5)

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ITM70 - TY COMMUNICATIONS & CONSULTING AN EMPLOYEE OWNED COMPANY PAYMENTSCHEDULE DESIGN SERVICES: Infinity will invoice the Client for completed and approved Design Services rendered under this Agreement in various phases as follows: Project Planning Phase RFP Development Phase tor Uesign services: Twenty Five percent (25%) of the Design Fee Fifty percent (50%) of the Design Fee Hundred Design In the event a contract is not awarded to a bidder by the Client, Infinity will bill for the percentage of our fee equal to Infinity's completed portion of work and reimbursable expenses. Project planning phase: Billing for this phase occurs at the time of the project kickoff. This would happen after a meeting with the client to discuss the scope of the project and a project estimate has been presented and approved, along with the appropriate contract for services. RFP Development Phase: Billing for this phase occurs when the project is published for access to vendors. Exposure to these bid documents may happen on the Infinity website or the documents may be delivered to the client for them to distribute. At this point any necessary drawings and specifications have been completed and required contract documents have been prepared. This project is now "out for bid" Bidding Phase: Billing for this phase will occur when the bids are received, and a contractor has been chosen to do the work. The amount billed will be the remaining balance of the design phase of the Infinity contract. If there are no bids received, Infinity will then discuss the process for re -posting or soliciting bids for the client. Additional charges may apply for document changes or updates. Standard Hourly Rates Schedule For additional works that is required outside the scope of work for the original project, the hourly rates listed will be charged. Standard Hourly Rates are subject to review and adjustment. The hourly rates effective on the date of the Agreement are: Principal $175.00/hour Sr. Systems Designer $155.00/hour Systems Designer $125.00/hour CAD Operator $75.00/hour Sr. Project Manager $155.00/hour Project Manager $95.00/hour Design Team Coordinator $75.00/hour Support Staff $50.0001our Project Attachment 0492-23C New Hope I Page 3 of 4 PO Box 999, Bakersfield, Ca. 93302 1 Phone: 661.716,1840 1 Fax: 661.716.1841 1 www.infinitycomm.com