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Mr. Himanshu H . Mehta, P . E . <br /> 8 March 2011 <br /> Page 5 <br /> BUDGET ESTIMATE <br /> A budget estimate for the scope of work outlined in Phases 1 through 5 of this proposal is <br /> summarized below and a detailed budget estimate is provided as Exhibit 1 . The budget estimate <br /> presented in this proposal is based on Geosyntec ' s understanding of the project requirements , our <br /> experience gained from executing similar tasks for IRC SWDD at the site, and experience with <br /> groundwater monitoring and reporting activities at similar facilities . <br /> Geosyntec will not exceed the budget estimate without prior approval and written authorization <br /> from IRC SWDD . <br /> Phase 1 — Project Management $ 5 , 175 <br /> Phase 2 — Meetings/Response to Comments $ 7, 067 <br /> Phase 3 — Implement FDEP-Required Activities $ 575460 <br /> Phase 4 — Semi -Annual Sampling Activities $409054 <br /> Phase 5 — Data Evaluation and Semi -Annual Reporting $25 , 187 <br /> TOTAL $ 1349943 <br /> CLOSURE <br /> Geosyntec appreciates this opportunity to offer our services . If this proposal is acceptable , <br /> please indicate your agreement by signing the attached work authorization , which references this <br /> proposal . Please return one signed work authorization to Ms . Johnson ' s attention . Please call <br /> either of the undersigned with questions you may have as you review this proposal . <br /> Sincerely, <br /> 4xk V) jAno, <br /> Jill Johnson , P . G . <br /> Senior Hydrogeologist <br /> t � <br /> 1 j <br /> James Langenbach , P .E . <br /> Associate <br /> Attachments <br /> CCR 11018/XR 11016 . docx <br /> engineers I scientists I iriiiovators <br />