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cl <br /> PROFESSIONAL SERVICES AGREEMENT <br /> This Professional Services Agreement ( " Agreement" or " Contract" ) is entered into as <br /> of this 0�'Ai � day of March , 2010 , by and between Indian River County , a political <br /> subdivision of the State of Florida ( " County" ) and Adam Preuss Appraisal Services , Inc . , a <br /> Florida corporation ( " Contractor" ) . <br /> BACKGROUND RECITALS <br /> A . In accordance with Indian River County ' s FFY 2008/09 Neighborhood Stabilization <br /> Program ( " NSP " ) Community Development Block Grant ( " CDBG " ) , Grant Number 10 DB - <br /> 4X - 10 -40- 01 - F 13 ( " CDBG Grant Agreement" ) the County issued Bid Number 2009047 for <br /> Neighborhood Stabilization Program CDBG Housing Acquisition Services , setting <br /> forth a response date of May 28 , 2009 . <br /> B . Pursuant to Bid Number 2009047 , the County ' s CDBG Consultant reveiwed all of the bids <br /> submitted for Neighborhood Stabilization Program CDBG Housing Acquisition <br /> Services and recommended the firms that were the lowest most responsible and <br /> responsive bidders for the services included within Bid Number 2009047 to County staff . <br /> C . On September 8 , 2009 , the Indian River County Board of County Commissioners <br /> approved the recommendation to hire Contractor to provide the services set forth in Bid <br /> Number 2009047 and this Agreement . <br /> D . Contractor is willing and able to perform the services as set forth in this Agreement on the <br /> terms and conditions set forth below ; and the County and the Contractor wish to enter into <br /> this Agreement for the services as set forth below . <br /> NOW , THEREFORE , for good and valuable consideration , the receipt and <br /> sufficiency of which is hereby acknowledged , and intending to be legally bound hereby , the <br /> parties hereby agree as follows : <br /> 1 . DESCRIPTION OF SERVICES . The services to be performed by Contractor pursuant <br /> to this Agreement , are as set forth in Exhibit " A" attached hereto and incorporated herein <br /> by this reference in its entirety ( " Services" ) . <br /> 2 . WORK ORDER AGREEMENT <br /> 2 . 1 . All Services provided by the Contractor for the County shall be identified in Work <br /> Orders and performed in a timely , efficient , cost effective manner , and in accordance with <br /> the current professional standards of the applicable discipline . Work Orders shall include a <br /> description of services to be performed ; a schedule of deliverables ; and compensation to <br /> be paid with sufficient detail to identify all of the various elements of costs ; a projected <br /> schedule for completion of the work to be performed by the Contractor <br /> 2 . 2 . Whenever the term "Work Order" is used herein , it is intended to mean that formal <br /> document that is dated ; serially numbered ; and executed by both the County and the <br /> Contractor by which the County accepts Contractor' s proposal for specific Services and <br /> Contractor indicates a willingness to perform such specific services for the terms and <br /> under the conditions specified in this Agreement . Each Work Order must be fully executed <br /> 1 <br />