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Personal Property. • Coordinate appraisal activities with the real estate appraiser and /or Goodwill appraiser to avoid duplication of compensation • Interview the business owner regarding the history, operation and tangible assets owned. • Prepare report utilizing accepted valuation methodology to estimate the replacement cost, fair market value in place and salvage value of the appropriate items owned by each business operation. Perform Special Studies as required by the City within the scope of Consultant's expertise. • Attend meetings and present the reports and findings if necessary. PAYMENT AND INVOICING: Selected Consultant shall invoice the City based on time and material according to the City's standard invoice template. Tasks and hours shall be clearly identified and all rates must match those included in the approved agreement. City shall retain ten percent (101%) of the invoice amount from each payment until the completed Project has been accepted by the City. Each invoice must include a Consultant Progress Report that contains tasks and activities completed and summary of work in the next month period. Certificate of insurance must be current in order for invoices to be processed. The City will provide information in its possession relevant to the preparation of the required information in the RFP. The City will provide only the staff assistance and the documentation specifically in referred to herein. • Facilitate meeting spaces and coordination with City staff • Access to City facilities CONSULTANT RESPONSIBILITIES: Provide all required insurance as outlined in Attachment 2 of this RFP. Submit renewal of Certificate of Insurance 30 days before expiring. Ensure Certificate of Insurance is current when submitting invoices. SPECIAL REQUIREMENTS (ATTACHMENT 4) This project may utilize California Department of Transportation (Caltrans) funds and shall therefore comply with all state and federal requirements. The below referenced forms included in Attachment 4 (Additional Provisions) of the Appendix must be completed in their entirety and submitted with your proposal: LAPM Exhibit 10-H: Sample Cost Proposal LAPM Exhibit 10-01: Consultant Proposal DBE Commitment LAPM Exhibit 10-02: Consultant Contract DBE Commitment (include within Fee Proposal hard copy package) City of Santa Ana RFP 21-131 Page Al-10