21-Agreement, Exhibit B - Payment Schedule, GEN2130273P1.pdf

EXHIBIT B - PAYMENT SCHEDULE

The rates specified below shall be in effect for the entire Term, unless otherwise expressly stated below. Any Services required under this Agreement for which no specific fee or cost is expressly stated in this Payment Schedule shall be deemed to be included, at no extra cost, within the costs and fees expressly provided for in this Exhibit B.

1. Fixed Fee:

Commencing on the Effective Date, for all Services (excluding Reimbursable Expenses as defined in Section 2 below) identified in this Agreement, County shall pay Contractor a fixed annual dollar amount (“Fixed Fee”), payable in twelve (12) equal monthly payments. The Fixed Fee for each Agreement Year shall be as follows:

Agreement Year Fixed Fee (annual) Monthly Payment Amount Agreement Year 1 $ $ Agreement Year 2 $ $ Agreement Year 3 $ $

The Fixed Fee shall adjust annually beginning on the first day of Agreement Year 4, and on the first day of each subsequent Agreement Year during the Term (each a “Rate Adjustment Date”).

The change in the Fixed Fee shall be limited to the lesser of the change in U.S. Department of Labor Consumer Price Index - All Urban Consumers for the Miami-Fort Lauderdale Area (“CPI”) or three percent (3%). The increase or decrease in the CPI shall be calculated as follows: the difference of CPI current period less CPI previous period, divided by CPI previous period, times

100. The CPI current period shall mean the most recent monthly index published prior to the end of the Rate Adjustment Date. The CPI previous period shall mean the same month in the year prior to the CPI current period. Promptly after each Rate Adjustment Date, the Contract Administrator shall provide Contractor with written notice containing the adjusted Fixed Fee for the then-current year.

The Fixed Fee shall cover:

A. Administrative (including any and all expenses associated with phone calls and mail), bookkeeping, and legal costs and expenses associated with this Agreement;

B. Costs associated with obtaining the Security Deposit required by this Agreement;

C. Costs associated with any required background checks;

D. Costs of employee uniforms;

E. Costs associated with obtaining the insurance coverages required by this Agreement;

F. Costs associated with the preparation and completion of any and all reports required by this Agreement; and G. Any other costs or expenses (excluding Reimbursable Expenses) incurred by Contractor in providing the Services under this Agreement.

2. Reimbursable Expenses:

In addition to the Fixed Fee, County shall pay Contractor all Reimbursable Expenses (“Reimbursable Expenses”) incurred after the Effective Date and before the expiration or termination of this Agreement that (i) have been approved in advance and in writing by the Contract Administrator, (ii) have been substantiated by invoices, proof of payment, and any other documentation required by the Contract Administrator, and (iii) are not otherwise prohibited by this Agreement.

Reimbursable Expenses are limited to the following:

A. Salaries and wages of Contractor’s employees as approved in writing by the Contract Administrator in the Operating Plan.

B. Any actual costs incurred to provide any janitorial or waste/trash management services for the Staging Lots.

C. Any actual costs incurred by Contractor related to the AVI System.

D. Any actual costs incurred by Contractor related to port-a-potty rentals and tent rentals.

E. Any other costs that are payable as Reimbursable Expenses pursuant to the Agreement and any other costs required by the Contract Administrator for operational needs of the Agreement that have been approved in advance and in writing by the Contract Administrator.