Michael E. Purdy Associates, LLC 7/13/2016

• . EXHIBIT B COMPENSATION ALTERNATE--A(HOURLY RATE UP TO A MAXIMUM AMOUNT) The City shall pay the Service Provider a sum equal to the amount of hours actually worked multiplied by the rate identified herein for the staff performing the Work, subject to the maximum stated in ¶4(D) of this Agreement. NAME RESPONSIBILITY RATE Mike Purdy Principal $225.00 per hour ESTIMATED HOURS/COST PER TASK Task 1:GC/CM Training 12 Hours $225.00/HR $2,700.00 Task 2:Project Review Committee Approval 50 Hours $225.00/HR $11,250.00 Task 3:Document Preparation and Editing 80 Hours $225.00/HR $18,000.00 Task 4:Evaluation committee Orientation Mtg 4 Hours $225.00/HR $900.00 Task 5:Pre-Proposal Meeting and Addenda 12 Hours $225.00/HR $2,700.00 Task 6:Review Proposals Submitted 24 Hours $225.00/HR $5,400.00 Task 7:Interviews of Shortlisted Contractors 24 Hours $225.00/HR $5,400.00 Task 8:Pre-Pricing Proposal Meeting 12 Hours $225.00/HR $2,700.00 Task 9:Final Proposals 10 Hours $225.00/HR $2,250.00 Task 10:Preconstruction Negotiation 16 Hours $225.00/HR $3,600.00 Task 11:MACC Negotiation 20 Hours $225.00/HR $4,500.00 Task 12:Contract Administration 50 Hours $225.00/HR $11,250.00 SUBTOTAL $70,650.00 NOTES: • While this proposal includes estimated hours per task,Mike Purdy will only bill for actual hours spent on the project, at his standard fully loaded rate of$225.00 per hour(exclusive of actual travel costs) and will work as efficiently as possible.Mike will round up or down to 15 minute increments. • Mike Purdy's monthly invoices will include detailed information on what work he performed on a daily basis and the number of hours on each day. Invoice detail will be by work performed but not categorized by task number. • The contract will be managed at a total contract amount basis and not by amounts per task. This will enable flexibility on tasks that take more time versus those that take less time. • Estimates of hours are based on and dependent on a number of factors including the following: o History of work on previous projects has shaped this proposal of estimated hours. o How quickly the City makes decisions. o How many changes are necessary to documents or processes based on City input. o What contractors propose,what questions they ask and what contractor is eventually selected. GC/CM CONTINGENCY FEE(IF REQUIRED) Additional service that may be needed based upon any issues that surface during the GC/CM process as approved only in writing and signed by an authorized City representative. TOTAL GC/CM CONTINENCY FEE $10,000.00 TOTAL ESTIMATED FEE $80,650.00 Page lof1