Summary

This is Form 60, a Professional Services Cost/Price Summary template used by the Los Angeles County Metropolitan Transportation Authority (LACMTA) for solicitations and contract proposals. The form is designed for vendors bidding on professional services contracts to provide detailed cost and pricing data breakdowns. The template encompasses direct labor costs organized by position type (Claims Adjuster, Claims Supervisor, Claims Assistant), labor overhead calculations, direct materials, equipment, subcontractor costs, other direct costs, travel expenses, general and administrative expenses, and profit/fee margins. All cost elements are structured to roll up into a total estimated price, with provisions for milestone or task-based payment schedules. The form requires proposers to identify their home office address, divisions and locations where work will be performed, and the applicable LACMTA solicitation or contract number.

The document includes mandatory certification sections requiring proposers to affirm that cost or pricing data is accurate, complete, and current as of the date of submission, and that labor rates and overhead costs reflect generally accepted accounting principles. Proposers must disclose any prior government agency audits of their accounts, overhead rates, and general and administrative rates within the past twelve months, and must grant LACMTA's Contracting Officer the right to examine supporting records, books, documents, accounting procedures, and other cost substantiation materials. The certificate also requires disclosure of any third-party solicitation or commission arrangements related to contract procurement, with authorized representatives required to sign and date the submission to certify the accuracy of all cost and pricing data presented.