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Mr. Himanshu Mehta <br />June 21, 2024 <br />Page 3 <br />• The scope of work does not include as built survey. <br />• The contingency budget will be used as needed and only after SWDD's written approval. <br />• Additional change orders may be needed if changes to the scope of work are made after the <br />date of this proposal or if costs due to unforeseen circumstances exceed the contingency <br />budget. <br />• Payment terms to SCS -FS will be per Florida Prompt Pay Act. Cost includes construction <br />bond. <br />COMPENSATION AND SCHEDULE <br />Task One: SCS -FS can perform the scope of work described for a lump sum cost of $1,299,155.00. <br />SCS -FS recommends that a contingency budget of $129,915.50 (10%) be added to the lump sum <br />cost for unforeseen or unknown circumstances that may arise during field installation. <br />Task Two: SCS -FS can perform the scope of work described for a lump sum cost of $208,950. This <br />work is well-defined and does not require a contingency budget. <br />Approximate Timeline: The project duration for both Tasks One and Two is estimated to be 26 weeks <br />following notice to proceed. <br />Due to the significant expense of materials and lead times for pre -fabrication of piping, SCS -FS will <br />require four incremental payments based on the following timeline from the date of signed <br />agreement. A 5% retainage will be held at each pay application until final completion. <br />30 Day Payment from notice to proceed: $324,788.75 <br />60 Day Payment from notice to proceed: $324,788.75 <br />90 Day Payment from notice to proceed: $324,788.75 <br />Final Payment based on substantial completion and County Inspection: $324,788.75 <br />Task One Price including contingency budget: $1.429.070.50 <br />Task Two Price: $208.950.00 <br />CLOSING <br />SCS -FS appreciates the opportunity to provide our proposal to Indian River County. If you have <br />questions or require additional information, please contact Brian Basconi at 401-486-4897. <br />Sincerely, <br />Brian Basconi <br />Project Manager <br />SCS Field Services <br />BB/GAC/PJC <br />2 <br />Garold (Tony) A. Cartee Peter J. Carrico <br />Regional Manager/ Vice President Senior Vice President <br />SCS Field Services SCS Field Services <br />