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<br />FEE PROPOSAL <br />Mortenson will provide complete and comprehensive constructionmanagement services, including <br />preconstruction phase services, in accordance with services outlined in the Request for Proposal <br />dated Mazch 27, 1995 and as contained in AIA Document A121/CMc. A Guazanteed Maximum <br />Price (GMP) will be established prior to the start of construction, and Mortenson will assume the <br />risks attendant to such a GMP. Mortenson will perform certain key trade work with its own <br />forces, including concrete work, masonry and carpentry. <br />Mortenson proposes a lump sum fee equal to 3.25 % of the cost of the work, to be established <br />at the time when the GMP is established. The fee will be billed in equal monthly instalhnents <br />during the construction phase. The fee shall include all preconstruction services. In the event that <br />the project is for any reason abandoned prior to the start of construction, we would request <br />compensation for persommel cost and actual expenses incurred, not to exceed $7,000. <br />• <br />• <br />