Orange County NC Website
June 4, 1998 <br />The Board of County Commissioners <br />Page 9 <br />Professional Fees <br />Our fees for these services will be based on the actual time spent at our standard hourly rates, <br />plus travel and other out -of- pocket costs (e.g., report production, typing, and postage). Our <br />standard hourly rates vary according to the degree of responsibility involved and the <br />experience level of the personnel assigned to your audit. Our invoices for these fees will be <br />rendered each month as work progresses and are payable on presentation. Based on our <br />preliminary estimates, the fee should approximate $56,300, including expenses. This estimate <br />is based on anticipated cooperation from your personnel and the assumption that unexpected <br />circumstances will not be encountered during the audit. If significant additional time is <br />necessary, we will discuss it with you and arrive at a new fee estimate before we incur the <br />additional costs. <br />We appreciate the opportunity to continue to be of service to Orange County. If you have any <br />questions, please let us know. <br />If the above terms are acceptable to Orange County and the services outlined are in accordance <br />with your understanding, please sign the enclosed copy of this letter in the space provided and <br />return it to us. <br />Yours truly, <br />Accepted and agreed to by Orange County: <br />By: <br />Title: <br />Date: <br />