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5. provide assistance to the CLIENT in assessing, costing, and updating the five-year Capital <br />lmprovement Plan for submittal to State Division of Aeronautics' <br />PART 3 . ASSUMPTIONS AND EXCEPTIONS <br />. No SMS plan is required on this project during the design or other portions of the project. <br />r No initial AGIS survey is required for this project. <br />PART 4 - SCHEDULE OF SERVICES <br />J-U-B will perform all services according to the following schedule: <br />July '1"t, 20261o June 30th, 2027 <br />This Agreement shall be in effect from July 1,2026 to September 30,2027 . ln the event the services <br />described shall not be completed during the term of this Agreement, the Agreement shall be amended. <br />This schedule shall be equitably adjusted as the PROJECT progresses, allowing for changes in scope, <br />character or size of the PROJECT requested by the CLIENT or for delays or other causes beyond J- <br />U-B's control. <br />PART 5 . COMPENSATION <br />cLIENT shall pay J-U-B for the identified services herein as follows: <br />1. project Formulation and Closeout Phase. The CLIENT shallcompensate J-U-B on the basis <br />of a lLrmp sum amount of Thirty Three Thousand Seven Hundred Thirty Eight Dollars and Ninety <br />Nine Cents ($33,738.99). See Attachment '1B for a detailed cost breakdown' <br />2. Construction Phase <br />a.The CLIENT shall compensate J-U-B for the Bidding and Construction Phase, on a Cost- <br />plus-Fixed-Fee basis. The CLIENT shall reimburse J-U-B for the following items: <br />i. payroll Cost: Actual salaries paid J-U-B's employees, without markup, for the time <br />such employees are directly used on work necessary to fulfill the terms of this <br />AGREEMENT. At the request of the CLIENT, a list of names of personnel actually <br />working on this project and their salaries shall be submitted prior to the start of work on <br />the project and shall be updated as needed to reflect any reasonable salary increases, <br />promotions and other payroll adjustments during the course of this work. <br />ii. payrollAdditives: Additives representing the employee benefits based on payroll cost <br />shall be computed as a percentage of the payroll cost above. For the purposes of this <br />AGREEMENT, that additive shall be 64.08 percent of the payroll cost based on existing <br />audits, cost data, and other information mutually agreed to by both parties. This factor is <br />subject to adjustment by the parties based on audits occurring during the life of this <br />AGREEMENI. lndependently prepared cost data shall be submitted, at the request of the <br />CLIENT, at intervals not less than every 18 months to support the payroll additives for <br />this AGREEMENT. <br />iii. General and Administrative Overhead Cost: These overhead costs shall be in <br />accordance with Federal requirements contained in the 41 CFR 1-'15. These costs shall <br />be computed at 117 52% percent of the payroll costs above. This percentage may !9 <br />adjusted by the parties based on audits occurring during the life of this AGREEMENT. <br />tndependehtly prepared cost data shall be submitted, at the request of the CLIENT, at <br />intervals not less than every 18 months to support the General and Administrative <br />Overhead for this AGREEMENT. <br />iv. Direct Cost and Out-of-Pocket Cost: These costs shall be directly related to this <br />project and determined in accordance with Federal requirements contained in 41 CFR 1- <br />15. <br />Page 4