EXHIBIT 2 - FORM 60 - PROFESSIONAL SERVICES COST_PRICE SUMMARY.xls

This is Form 60, a Professional Services Cost/Price Summary form required by the Los Angeles County Metropolitan Transportation Authority (LACMTA) for solicitation responses. The form serves as the primary cost and pricing documentation tool for professional services proposals submitted to LACMTA. It functions as a standardized template for offerors to present their estimated costs, labor rates, overhead expenses, material costs, equipment needs, subcontractor expenses, and profit/fee structures in a uniform format. The form requires identification of the offeror/contractor, end-item deliverables, home office address, division and work locations, and the specific LACMTA solicitation or contract number associated with the proposal. No specific project overview, quantities, response dates, due dates, site visits, bidder meetings, award dates, or contract terms are detailed within this template document, as it is designed for completion by individual contractors responding to LACMTA solicitations.

The form requires detailed breakdowns of direct labor costs including estimated hours and hourly rates, labor overhead rates applied to labor costs, direct material expenses categorized as purchase parts, subcontracted items, and other materials, equipment costs, subcontractor costs, other direct costs, travel expenses, general and administrative expense rates, and profit/fee calculations based on total labor and overhead. Contractors must also provide milestone or task-based payment schedules that correspond to the total estimated price. The form includes certification requirements whereby proposers must attest to the accuracy and completeness of cost or pricing data under Federal Acquisition Regulations (FAR) standards and confirm that labor rates, overhead costs, and estimated costs comply with generally accepted accounting principles. Additionally, proposers must disclose whether any U.S. Government, state, local, or LACMTA agency has conducted audits or reviews of their accounts, overhead rates, and administrative expenses within the preceding twelve months, and non-audited firms must submit supporting financial documentation and calculations to substantiate all proposed costs.