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2 <br /> Exhibit"G-3" <br /> Oregon Department of Transportation <br /> 7J Audit Services <br /> • <br /> i/Li <br /> 355 Capitol St.NE,Room 121 Salem,Oregon 97301-3871'Telephone 503 986•-32.13 Website: intrancticsaudit <br /> January 6,2010 i ,l1=31. Iii) <br /> • <br /> , :�... <br /> Board of Directors <br /> Murray,Smith&Associates,Inc. <br /> Re: Murray,Smith&Associates,Inc.Schedule of Indirect Cost <br /> Fiscal Year Ended December 31,2008 <br /> On November 9,2009,Oregon Department of Transportation(ODOT)Senior External <br /> Auditor,Ruth Wu,met with representatives from Moss Adams,LLP and Murray,Smith <br /> &Associates,Inc.(MSA)for the purpose of reviewing their documentation and <br /> workpapers of their audit of the Schedule of Indirect Costs for Murray,Smith& <br /> Associates' for fiscal year ended December 31,2008. <br /> We were provided with a copy of Moss Adams'audit report dated October 30,2009, <br /> copies of their workpapers from the engagement and additional records from MSA. <br /> Based on our review,we made additional adjustments to MSA's audited overhead and <br /> facilities capital cost of money rates. This letter of concurrence establishes MSA's <br /> overhead for year ended December 31,2008 at 194.10%overhead and a facilities capital <br /> cost of money rate of 0.97%of direct labor.See attached. <br /> A copy of this report will he forwarded to the appropriate ODOT contracting offices. If <br /> you or any representative of MSA have any questions,please contact External Audit • <br /> Manager Margaret Cole at(503)986-3213 or Ruth Wu at(503)986-4003. <br /> Sincerely, <br /> c--P*9A-QQ/ et.dkug\A <br /> Marlene V. Hartinger,MBA,CPA,CIA <br /> Chief,Audit Services <br /> Oregon Department of Transportation <br /> CC: Celeste Alvarez,Murray,Smith&Associates, Inc. <br /> Todd Kimball and Nancy Young,Moss Adams, LLP <br /> DOT Form 140-089 EF <br /> Revised 6/05 <br /> 54 <br />