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Page 2 <br />Bridgeways PSA 2023 <br />4.Compensation. <br />A.The City shall pay the Service Provider only for completed Work and for services <br />actually rendered which are described herein. Such payment shall be full compensation for Work <br />performed or services rendered, including, but not limited to, all labor, materials, supplies, <br />equipment, and incidentals necessary to complete the Work. <br />B.The Service Provider shall be paid such amounts and in such manner as in 4.C below. <br />C.The City shall pay the Service Provider only for completed Work. The “Maximum <br />Annual Compensation” to Service Provider in the table below is the sum of the annual base <br />compensation, indirect expenses (which are deemed to be 10% of the annual base compensation), <br />and reimbursement for direct client expenses (up to $12,000 per contract year). The Maximum <br />Annual Compensation for each contract year is the maximum possible compensation to Service <br />Provider for that contract year and represents complete compensation (including, without <br />limitation, labor and indirect costs). <br />Contract <br />Year <br />Annual Base <br />Compensation* <br />10% <br />Indirect <br />Expenses <br />Direct Client <br />Expenses <br />Reimbursement** <br />(Price Sheet 4.02) <br />Maximum Annual <br />Compensation <br />(Not to Exceed) <br />8/1/2023 <br />– <br />7/31/2024 <br />$203,336.00 $20,333.60 $12,000 $235,669.60 <br />8/1/2024 <br />– <br />7/31/2025 <br />$209,436.08 $20,943.60 $12,000 $242,379.68 <br />2025 and <br />thereafter <br />Annual Base <br />Compensation is <br />adjusted based on <br />the CPI-U percent <br />change from the <br />previous year to the <br />current year. For <br />example, 2025 <br />compensation will <br />be calculated based <br />on CPI-U percent <br />change from <br />February 2024 to <br />February 2025. <br />10% of the <br />Total <br />Annual <br />Cost <br />$12,000 <br />Maximum <br />Compensation = <br />Annual Base <br />Compensation + <br />(10% of Annual Base <br />Compensation) + <br />$12,000 <br />*Based on 40 - 50 cases per month for both case managers. <br />**Direct client expenses are not subject to mark up. Examples of direct client expenses are <br />shown in Form 4.02 Price Sheet. For reimbursement, there must be a process for tracking the <br />purchases and providing documentation with reimbursement requests per RFP 2022-044, <br />Section 2.6.11.