Laserfiche WebLink
dta <br />w TinanceDTkcom <br />V FEE SCHEDULE <br />SECTION V <br />FEE SCHEDULE <br />Fees for services shall be charged on an hourly basis according to the rates set forth in the fee <br />schedule below, with invoices being submitted to the City monthly. The estimated fees for <br />services are not to exceed $30,000 for Phase 1 and $39,500 for Phase 2, including out-of-pocket <br />expenses. Further work at that point would require additional fees. <br />For the formation of a CFD, the proposed budget for the tasks listed in the Scope of Work shall be <br />time and materials not to exceed $30,000, plus $1,000 in out-of-pocket expenses. DTA shall be <br />remunerated for its consulting services on an hourly basis according to the rates set forth in Table 1 <br />below, with invoices being submitted to the City on a monthly basis. Any work on the issuance of <br />bonds shall be considered out of scope and covered under a separate proposal. <br />Table 1: DTA's Fee Schedule <br />Labor..Labor <br />President/Managing Director <br />$290/14our <br />Senior Vice President <br />$275/14our <br />Vice President <br />$250/Hour <br />Senior Manager <br />$210/Hour <br />Manager <br />$200/Hour <br />Senior Associate <br />$190/Hour <br />Associate III <br />$175/Hour <br />Associate II <br />$165/14our <br />Associate <br />$150/Hour <br />Research Associate II <br />$140/Hour <br />Research Associate <br />$125/Hour <br />Additional in -person meetings [above and beyond the five (5) in -person meetings specified in <br />Phases 1 and 2 of the Scope of Work, plus an additional in -person meeting to be conducted if <br />the City moves forward with CFD formation] shall be billed on a time and materials basis, not to <br />exceed $2,000 per in -person meeting. <br />All hourly rates for services apply through December 31, 2024, and are subject to a cost -of -living <br />increase at that time. On or about the first two weeks of each month during which consulting <br />services are rendered hereunder, DTA shall present to the City an invoice covering the current <br />consulting services performed and reimbursable expenses incurred pursuant to the agreement <br />and exhibits thereto. Such invoices shall be paid by the City within 30 days of the date of each <br />invoice. A 1.2% monthly charge may be imposed against accounts that are not paid within 30 <br />days of the date of each invoice. DTA shall stop all work on the project if payment is not received <br />within 45 days of the submittal of an invoice. <br />City of Santa Ana September 8, 2023 <br />Proposal for Consultant Services Related to the Evaluation of an EIF'D and a CFD <br />22 <br />