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with Marlowe & Company, as well as keep apprised of happenings in Washington. We can also arrange for face-to-face meetings or other oral reports at your request for reasons of updating you on the status of issues of concern to you while working out a common strategy in approaching these issues. 6) Proposed Contractual Terms We propose two contract options between Indian River County, Florida and Marlowe & Company. The first option will allow us to begin working immediately on behalf of the County so we secure federal funding for your study in the FY 2007 federal appropriations cycle, which began in January, 2006. While this process has already begun and we are a bit late in working on this request, we are not too late to be successful. However, we must get started immediately. Under this option, we propose a contract extending from May 2, 2006 through September 31, 2006. Our fee would be $3,500 per month, inclusive of all expenses. The second contract option would allow us to begin our work on behalf of the County sometime in the late summer or early fall. This would allow us to properly prepare for the FY 2008 federal appropriations cycle to secure funding for your beach study. Under this option, we propose a contract beginning September 1, 2006 through August 31, 2007 for a monthly fee of $3,650 plus up to $350 per month for any out-of- pocket expenses we incur while working on behalf of the County. Therefore, this option represents a not -to -exceed total cost of $48,000. Any out-of-town expenses related to travel required by the County are not included in this fee but will require the prior approval of the County. Also, either of these contracts may be terminated without cause by either party by giving 30 days written notice. We hope one of these options is suitable to the County. Sincerely, Greg Burns Vice President 10