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C. Dollar Cost Proposal <br />1. Total All -Inclusive Maximum Price <br />The dollar cost proposed should contain all pricing information relative to <br />performing the audit engagement as described in this request for proposal. The total <br />all-inclusive maximum price to be bid is to contain all direct and indirect costs <br />including all out-of-pocket expenses. <br />The City of Orono will not be responsible for expenses incurred in preparing and <br />submitting the proposal or the dollar cost bid. Such costs should not be included in <br />the proposal. <br />The following information should be included in the Dollar Cost Proposal: <br />a) Name of Firm <br />b) Certification that the person signing the proposal is empowered to submit the <br />proposal, and authorized to sign a contract with the City of Orono if the firm <br />is selected <br />c) A total all-inclusive maximum price for the 2025, 2026 and 2027 engagements <br />d) Rates by Partner, Specialist, Supervisory and Staff Level and hours <br />anticipated for each ' <br />e) A schedule of professional fees and expenses, presented in the format <br />provided in the attached Appendix B, which supports the total all-inclusive <br />maximum price for each year. The cost of special services should be disclosed <br />as separate components of the total all- inclusive maximum price <br />f) Out-of-pocket expenses included in the total all-inclusive maximum price and <br />reimbursement rates: All reimbursable expenses by category as included in <br />the total all-inclusive maximum price submitted by the firm <br />g) Manner of Payment: The City expects that payments will be made on the <br />basis of hours of work completed during the course of the engagement and <br />out-of-pocket expenses incurred in accordance with the firm's dollar cost <br />proposal. Interim billing shall cover a period of not less than a calendar <br />month. Payment of the final billing will be held by the City pending the <br />delivery of the firm's final reports. <br />If it should become necessary for the City of Orono to request the firm selected to render any additional <br />services to either supplement the services requested in this RFP or to perform additional work as a result <br />of the specific recommendations included in any report issued under the engagement, then such <br />additional work will be performed only if set forth in an addendum to the contract between City of Orono <br />and the firm. Any such additional work agreed to between City of Orono and the firm will be performed at <br />the same rates set forth in the schedule of fees and expenses included in the dollar cost bid. <br />161 <br />183 <br />