Fee Estimates by Step: The following is an estimate of the fees and expenses distributed by step. The Consultant retains the right to redistribute expenditures between the steps. However, the breakdown can be used as a general guide for assessing the progress of the Project. Fees and Steps Expenses Step l $1,550.00 Step 2 1,750.00 Step 3a) 1,500.00 3b) 2,500.00 Step 4 750.00 Step 5 750.00 Expenses 700.00 Upset Total $9,500.00 Se a ae ee Sn ETS, Billing Rates: For the purposes of applying for progress payments, additional compensation and/or for Extras to the Contract, the following billing rates form a part of this Agreement. Uniess otherwise stated, these rates will remain in effect for 12: months from the date of this Agreement after which time the Consultant is entitled to modify the rates unless otherwise stipulaved herein. ese nett ene Consultant Role Billing Rate S. Richards Project Managers/ $55/hr. A. Walkey Senior Planners S. Kennedy Engineer $45/hr. Y. Parenteau Technical Assistant $25/hr. Additional Charges: The Consultant shall be eligible to apply for payment for the following additional charges: interest charges on payments made later than 30 days from the date of the invoice at an interest rate of 1.5% per month.