CN-550000-BDY73-00030000.pdf

This document is a Standard Written Agreement Modification between the State of Florida Department of Transportation (FDOT) and IMG Advisory, LLC (doing business as IMG-Rebel), executed on November 12, 2014. The modification amends a previous agreement originally entered into on September 2, 2014, involving Public-Private Partnership (P3) and General Financial Advisor Services.

The contract is a Term Contract for an Indefinite Quantity, allowing the Department to request consultant services on an as-needed basis through Task Work Orders. There is no budgetary ceiling, and funds will be encumbered for each individual Task Work Order. The Consultant will submit monthly invoices and progress reports, with payments made based on a percentage of work completed or at costs and fees established in each Task Work Order. Billing rates are subject to the Department's approval, and payment will include costs of salaries, overhead, fringe benefits, and operating margin. The contract includes provisions for financial consequences if the vendor does not provide responsive and timely deliverables as needed.