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EXHIBIT B-1 <br />COMPENSATION <br />PROJECT 1 — SECOND STREET FOUNTAIN <br />Based on a construction budget of $116,505, which includes all construction costs <br />including construction management fees, the Program Management fee will be $3,495. If <br />construction costs increase by more than five percent (5%), the fee may be adjusted by <br />three percent (3%) of the increased construction costs, as set forth in Exhibit A-1, Section <br />9-1. The construction cost is defined to include the Construction Management fee. <br />PROJECT 2 — INSTALLATION OF BOLLARDS <br />Based on a construction budget of $368,932, which includes all construction costs <br />including construction management fees, the Program Management fee will be $11,068. <br />If construction costs increase by more than five percent (5%), the fee may be adjusted by <br />three percent (3%) of the increased construction costs, as set forth in Exhibit A-1, Section <br />9.1. The construction cost is defined to include the Construction Management fee. <br />PROJECT 3 —EMERGENCY OPERATIONS CENTER <br />Based on a project construction budget of $150,000, the Architectural Design fee <br />is $18,000. Upon submittal of Program Manager's Construction Cost Estimate, the <br />Architectural Design fee may be adjusted to twelve percent (12%) of said estimate. The <br />fee will be billed per phase based upon the level of completion as follows: <br />Schematic Design 15% of total fee <br />Design Development 20% of total fee <br />Construction Documents 40% of total fee <br />Bidding 5% of total fee <br />Construction 20% of total fee <br />In addition to this fee Program Manager will be reimbursed for expenses associated with <br />the project including reproduction costs and messenger/delivery expenses at cost plus <br />15%. <br />Program Management will be provided on a fixed fee basis for a fee of $4,500.00. <br />If construction costs increase by more than five percent (5%), the fee may be adjusted by <br />three percent (3%) of the increased construction costs, as set forth in Exhibit A-1, Section <br />9.1. The construction cost is defined to include the Construction Management fee. <br />