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DocuSign Envelope ID: EA6C45CD-7691-43D8-B939-A4300A7DD233 <br /> IIIIG° VIII Surnmary <br /> Objective <br /> To implement and maintain the Section 125 Flexible Spending Account Plan for ORANGE COUNTY, <br /> Flores will educate and enroll the employees, gather the necessary data to set up the pre-tax deductions <br /> for the payroll system, perform all discrimination testing, claims processing, account reimbursement, <br /> and prepare the appropriate tax reporting information. <br /> Implementation Procedure & Ongoing Administration <br /> An implementation and pay period update outline is found within this proposal. From the time the <br /> engagement is awarded,the outline will describe in detail the steps to be taken to implement and <br /> maintain the plan. Based on the analysis of the information provided to Flores by ORANGE COUNTY, a <br /> timetable will be established to properly implement the plan by the effective date. <br /> Professional Fees <br /> Flores' professional fee for the services rendered to ORANGE COUNTY in this proposal will be as <br /> indicated in the Professional Fees section of the proposal. Professional fees are guaranteed for a five (5) <br /> year period upon acceptance of this proposal. We will render a billing for the first month's <br /> administration once the plan has been implemented for the plan year. Subsequent monthly <br /> administration fees will be billed at the beginning of each month. In the event that this contract is <br /> canceled or postponed prior to the end of a respective plan year,we will bill ORANGE COUNTY the <br /> remainder of the contract rate for that plan year. <br /> ORANGE COUNTY 3 Mores <br />