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Page | 2 <br />PROFESSIONAL FEE <br />The fee for conducting a Finance Director recruitment is $19,000. The professional fee covers all <br />consultant and staff time required to conduct the recruitment. Professional fees are billed in three equal <br />installments: at the beginning, halfway, and upon completion of the final interviews. If needed, re- <br />advertising the position can be completed for a $750 administrative fee plus expenses. In addition to the <br />professional fee, the City will be responsible for reimbursing expenses incurred on the City’s behalf. <br />Expenses include: <br />•Websites, job boards and other advertising (approx. $1,500 - 2,100) <br />•Direct mail announcements (approx. $1,200 - 1,400) <br />•Consultant travel: Mileage at IRS rate and $82.50 per hour <br />•Background checks (approx. $225 per candidate) <br />The City has the right to cancel the search at any time, the only responsibility would be the fees and <br />expenses incurred prior to cancellation. Any additional work requested beyond services provide in the <br />scope of work is billed at $170 per hour. <br />GUARANTEE & WARRANTY <br />Should the selected candidate leave the employment of the City within the first 18 months of <br />appointment, we will conduct one additional recruitment for the cost of expenses only, if requested to do <br />so within six months of the employee’s departure. If the major elements of the process are followed and <br />a candidate is not chosen, we will repeat the recruitment once with no additional professional fee, the <br />only cost to you would be the expenses.