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DocuSign Envelope ID: D36FCB7D-OE56-4E5C-A96E-7CO5705C56F9 <br /> ESTIMATED PROJECT COMPLETION: <br /> Based on the scope of work and Orange County's desired completion date discussed in the <br /> 07/02/2019 conference call; a 12-14 month timeframe has been estimated for successful <br /> project completion. This proposal assumed a start time of November 2019. <br /> If the start date and completion date change significantly, CCA reserves the right to cancel the <br /> contract and modify the contract price. All completed work will be submitted to the county bi- <br /> weekly for review and system entry. <br /> INDEMNIFICATION & INSURANCE: <br /> Complete County Assessments will provide Orange County proof of adequate general liability <br /> insurance and worker's compensation insurance. <br /> *Additional insurance requirements made at the request of Orange County may change the <br /> proposed amount. <br /> COMPENSATION: <br /> Based on the estimated parcel count totaling 1,900-2,000 parcels and the indicated scope of <br /> work, our proposal to provide competent and professional commercial valuations to the county <br /> is: <br /> $89,000.00 <br /> *Unless otherwise noted, the proposed compensation for the services outlined in this proposal will cover <br /> all related expenses in relation with labor costs, taxes, insurance, meals, automobile expenses, long <br /> distance calls, lodging, and all other travel related expenses. <br /> CONCLUSION: <br /> In conclusion, Coastal Carolina Appraisals, LLC d/b/a Complete County Assessments is dedicated to <br /> another successful revaluation partnership with Orange County. As you are aware, our team has a <br /> hands-on approach concept and will be interacting with your office and staff regularly. We have the <br /> tools, access, and memberships to multiple databases that include the local MLS systems and Costar, a <br /> comprehensive commercial real estate research platform that provides accurate and verified market <br /> information. Our review and value assignments will be completed in the most competent manner by <br /> experienced state-certified appraisers who have proven professional experience in real property tax <br /> assessments and with numerous commercial revaluation projects. Our dedicated appraisal team for this <br /> project is Bo Allen, RAA, and Chris Mashburn, MAI. Both worked on the 2017 Orange County revaluation <br /> and are state-certified appraisers and certified real property appraisers with the NC Dept. of Revenue. <br /> We are looking forward to working with you. Please do not hesitate to contact us with any questions <br /> you may have. <br /> 5 1 P a g e <br />