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Personal Property. <br />• Coordinate appraisal activities with the real estate appraiser and /or Goodwill appraiser to <br />avoid duplication of compensation <br />• Interview the business owner regarding the history, operation and tangible assets owned. <br />• Prepare report utilizing accepted valuation methodology to estimate the replacement cost, <br />fair market value in place and salvage value of the appropriate items owned by each <br />business operation. Perform Special Studies as required by the City within the scope of <br />Consultant's expertise. <br />• Attend meetings and present the reports and findings if necessary. <br />PAYMENT AND INVOICING: <br />Selected Consultant shall invoice the City based on time and material according to the City's <br />standard invoice template. Tasks and hours shall be clearly identified and all rates must match <br />those included in the approved agreement. City shall retain ten percent (100/0) of the invoice <br />amount from each payment until the completed Project has been accepted by the City. <br />Each invoice must include a Consultant Progress Report that contains tasks and activities <br />completed and summary of work in the next month period. Certificate of insurance must be <br />current in order for invoices to be processed. <br />CITY RESPONSIBILITIES: <br />The City will provide information in its possession relevant to the preparation of the required <br />information in the RFP. The City will provide only the staff assistance and the documentation <br />specifically in referred to herein. <br />• Facilitate meeting spaces and coordination with City staff <br />• Access to City facilities <br />CONSULTANT RESPONSIBILITIES: <br />• Provide all required insurance as outlined in Attachment 2 of this RFP. <br />• Submit renewal of Certificate of Insurance 30 days before expiring. <br />• Ensure Certificate of Insurance is current when submitting invoices. <br />SPECIAL REQUIREMENTS (ATTACHMENT 4) <br />This project may utilize California Department of Transportation (Caltrans) funds and shall <br />therefore comply with all state and federal requirements. The below referenced forms included in <br />Attachment 4 (Additional Provisions) of the Appendix must be completed in their entirety and <br />submitted with your proposal: <br />• LAPM Exhibit 10-H: Sample Cost Proposal <br />• LAPM Exhibit 10-01: Consultant Proposal DBE Commitment <br />• LAPM Exhibit 10-02: Consultant Contract DBE Commitment (include within Fee <br />Proposal hard copy package) <br />City of Santa Ana RFP 21-131 <br />Page Al-10 <br />