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Mr. Arjuna Weragoda, P.E <br />March .14, 2019 <br />Page 6 <br />It is assumed that a detailed design analysis and subsequent value engineering will occur <br />during the design phase and a more detailed cost estimate will be completed at that time. <br />PROJECT COST <br />The estimated costsare based on our current understanding of the project requirements and best <br />estimates of level of effort required to perform the basic services and maybe 'subject to change <br />upon agreement between :Indian River County and TetraTeeh. The estimated project costs are <br />shown in the attached Table 1. This project would be provided as lump sum per task not to <br />exceed $55,480. <br />Indian River County will be invoiced each month for services rendered during the previous <br />calendar month based on percent complete. Tetra Tech shall be paid for all invoices within 30 <br />days of an approved submittal. <br />Tetra Tech looks forward to working with you on this project. We are available to discuss our <br />approach with you in detail at your :convenience. Should you have any questions regarding this <br />proposal, please contact me at (321) 636-6470. <br />Sincerely, <br />aith"ew.D. Shelton <br />Project Manager <br />Cc:.. Brian Watson, P:E., Tetra Tech <br />TETRA TECH <br />