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Attachment 2 to the Resource Planning Coalition Participation Agreement dated May 1, 2010 <br />Assuming a September 15, 2010 start date, the completion date of Phase 2 is estimated to be <br />April 15, 2011. <br />Estimated Costs: <br />Total cost, including both RW Beck's and CMMPA's labor, is estimated to be $250,000 with an <br />approved Portfolio Risk Analysis (PRA), and $175,000 if a PRA does not prove necessary. <br />Cost Allocation Method: <br />Participants in Phase 2 agree to allocate costs as follows (pending the outcome of the initial <br />screening): <br />Allocation Participant Cost for Approval Cost for Budgeting Costs to ee Approved Later <br />1/9 th Elk River $19,444 $27,778 $8,334 <br /> <br />1/9 th Dahlberg <br /> <br />Companies <br />$19,444 <br />$27,778 <br />$8,334 <br />1/9 th Willmar $19,444 $27,778 $8,334 <br />2/9 the UMMPA $38,889 $55,556 $16,667 <br />2/9 the CMMPA $38,889 $55,556 $16,667 <br />2/9 the Nashwauk $38,889 $55,556 $16,667 <br /> TOTAL $175,000 $250,000 $75,000 <br />Note: Even though the Dahlberg Companies consists of three separate and distinct companies, <br />they are treated as one group for the purpose of this Coalition. <br />Phase 2 B -Portfolio Risk Analysis <br />At this time, the coalition participants are only authorizing the Phase 2 effort. However, it is <br />envisioned and expected that participants will consider a Portfolio Risk Analysis (PRA) to be a <br />necessary part of the evaluation, and will budget accordingly. While a basic sensitivity analysis <br />will in any case be part of Phase 2's portfolio evaluation, a PRA will provide a more rigorous, <br />comprehensive, and clear answer regarding how to balance minimizing cost and minimizing risk <br />in our RFP Recommendation portfolio. <br />Page 3 of 10 <br />