00040000-117371.pdf

This document is a Standard Written Agreement Modification from the State of Florida Department of Transportation (FDOT), specifically Amendment #1 to an original agreement dated December 27, 2002. The modification involves David A. Pederson, MAI, a vendor located in Fort Lauderdale, Florida, who provides appraisal services for District Four of the Florida Department of Transportation.

The amendment modifies the billing rates for appraisal services, updating the hourly rates for the original contract period and the renewal period. For the Appraiser of Record, the hourly rate increases from $150 to $175, and for the Associate Appraiser, the rate changes from $100 to $125. The modification aims to correct the price proposal with the "best and final" prices, reflecting the actual negotiated rates. The document indicates that these rate changes apply to appraisal services provided by David A. Pederson, MAI, for district-wide appraisal and appraisal review work.