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Mr. Eric Charest <br />September 9, 2024 <br />Page 4 <br />• In recognition of the relative risks and benefits of the project to both the Client and Tetra <br />Tech, the risks have been allocated. The Client agrees to limit the liability of Tetra Tech <br />for all claims related to the Project the contract value of $68,956.02. <br />PROJECT COST <br />The TO costs were based on the understanding of the project requirements and best estimates of <br />level of effort required to perform the basic services and were subject to change upon agreement <br />between IRC and Tetra Tech. The remaining budget under the Task Order is approximately <br />$39,000. This proposal is for a no cost time extension and scope amendment, and our time and <br />materials price proposal includes labor hours and travel costs in the amount of $68,956.02, as <br />originally awarded in TO 1. <br />Tetra Tech will invoice IRC each month for services rendered during the previous calendar <br />month based on work completed for each task. Tetra Tech shall be paid for all invoices within 30 <br />days of an approved submittal. <br />PERIOD OF PERFORMANCE <br />Tetra Tech anticipates commencing project activities upon receipt of a task order authorization <br />from IRC. This project is anticipated to be completed by September 30, 2025. <br />Tetra Tech looks forward to providing these additional services in support of the Lagoon <br />Management Plan and Story Maps. We are available to discuss our approach with you in detail at <br />your convenience. Should you have any questions regarding this proposal, please contact me at <br />(321) 961-5627. <br />Sincerely, <br />Matthew D. Shelton <br />Project Manager <br />Cc: Marcy Frick, Tetra Tech <br />TETRA TECH <br />