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1. FEE <br />KDC Systems is offering the rates listed below for work conducted under the proposed contract. <br />Classification <br />Hourly Rate <br />Project Manager <br />$157 <br />General Manager <br />$157 <br />Engineering Manager <br />$157 <br />Senior Engineer <br />$145 <br />Engineer <br />$134 <br />CAD Designer <br />$67 <br />Shop Fabrication <br />$62 <br />Clarifications - <br />1. Please note the fees shown above are for the first year of this contract, which must be <br />executed within 120 days of submission. Each additional year is subject to a yearly <br />increase of 3%. <br />