TIRZ NB 6 Zone Admin Contract Marsh Darcy Partners,Inc.
Professional Consulting Services Agreement
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AGREEMENT FOR PROFESSIONAL CONSULTING SERVICES
• A e ent for Professional Consulting Services ("Agreement") is made this4day of
2016, between Marsh Darcy Partners, Inc., a Texas Corporation ("MDP")
and ax Increment Reinvestment Zone No. 2, City of Pearland, Texas ("Client" or "TIRZ 2"). In
consideration of the mutual promises set forth herein,the parties agree as follows:
SCOPE OF SERVICES / PROJECT OBJECTIVES
MDP will provide professional consulting services("Project")more fully described in the Scope
of Work,Attachment A,attached hereto and made a part of this Agreement.
TERMS AND CONDITIONS
FEES
The labor fee rates to be charged for work to be performed in accordance with the Scope of
Services are described in Attachment B (the"Fee Schedule").
REIMBURSABLE EXPENSES
In addition to the labor fees above,the Client agrees to pay MDP monthly for all standard
reimbursable expenses incurred by MDP while providing services. Reimbursable expenses
incurred by MDP will include,but not be limited to: printing,copying,postage, long distance
phone calls, and mileage(maximum allowable IRS rates apply). The Client agrees to pay MDP
for actual invoice cost plus 10%bookkeeping and processing cost.
BILLING/PAYMENT
MDP will invoice monthly based on the hourly fee rates in the Fee Schedule attached. The Client
hereby agrees to pay within sixty(60)days receipt of such invoice. In the event any portion of
an account remains unpaid ninety(90)days after the invoice date, the Client agrees to
immediately pay any and all costs incurred to collect the outstanding balance, including
collection and attorney fees.
TERMINATION
This Agreement may be terminated at any time by MDP or Client by giving thirty(30)days
written notice by such termination by registered mail to the either party's principal place of
business. If this Agreement is terminated, MDP shall be paid in accordance with the provisions
of this Agreement for all work performed up to the date of termination, including all
reimbursable expenses and reasonable termination expenses.
ti°
Marsh Darcy Partners,Inc.
Professional Consulting Services Agreement
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ENTIRE AGREEMENT
This written Agreement represents the final agreement between the parties and may not be
contradicted by evidence of prior,contemporaneous, or subsequent oral agreements of the
parties. There are no unwritten oral agreements between the parties regarding this Agreement.
This Agreement may not be amended or modified unless approved in writing by both parties.
ACCEPTANCE
When executed by both parties this Agreement shall evidence the entire agreement between
MDP and Client. This document is being executed in two (2)counterpart originals, each of
which has the full force and effect of nan/original.
AGREED AND ACCEPTED THIS/�DAY OF , 2016
Marsh Darcy Partners, Inc. Tax Increment Reinvestment Zone#2
Sue'Darcy
Name: Sue Darcy me: Ke R. Phillips
Title: President Title: Chair of the Board of Directors
Attachment "A" (Scope of Work)
Attachment "B"(Fee Schedule)
Marsh Darcy Partners,Inc.
Professional Consulting Services Agreement
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Attachment "A"
SCOPE OF WORK
PROJECT OBJECTIVES/DESCRIPTION:
MDP has been asked to submit an"on call" services agreement to TIRZ 2 to assist in the
administration of the TIRZ.
SERVICES/DELIVERABLES:
Task 1)Assistance in coordinating preparation of agendas, quorums, and staffmg of meetings of
the board of directors;
Task 2)From time to time,update financial projections of the TIRZ; confirm record of letter of
finance agreements("LFA's")and establish tracking system for reimbursed and non-reimbursed;
provide estimate of potential funding capacities based on update TIRZ revenue,outstanding debt
service requirements, and unreimbursed LFA's;
Task 3)Coordinate production of the TIRZ 2 Annual Report;distribute Annual Report to
participating jurisdictions and State agencies as required by statute;
Task 4)Provide other such services as may be requested by Client from time to time
FEES:
MDP will invoice Client on the hourly fee rates shown on Attachment"B"
Marsh Darcy Partners,Inc.
Professional Consulting Services Agreement
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Attachment B
FEE SCHEDULE
Effective Date: January 1, 2016
Consultation, Research, and Analysis I lourly Rate per below
Additional Services, as authorized 1-Hourly Rate per below
Reimbursable Expenses
Sub-Contract work Cost+ 10%
All non-labor expenses Cost+ 10%
Photocopies(black and white) $0.05 per page
Photocopies(color)8.5"x11" $0.40 per page
Photocopies(color)over 8.5"x11" $0.75 per page
Art Supply Fee,if applicable 1%of Labor Fee as Invoiced
Vehicle travel per mile Maximum 2016 IRS allowable rate
Hourly Rate
President/Vice President $215/hour
Project Manager $195/hour
Senior Planner $180/hour
Planner/Analyst $150/hour
Planner Associate $110/hour
Special District Coordinator $95/hour
Administrative $80/hour