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Computer feasibility study proposal ... Page 7 <br />ACCEPTANCE <br />Upon acceptance of this proposal by the City of Little Canada, <br />Context Systems will begin the Feasibility Study. We estimate that the <br />duration of the Feasability study will be approximately one to three <br />months, depending on the availability of City staff and time allowed for <br />submission of vendor bids. <br />Should the City wish to discontinue the study, it may elect to do <br />so at any time. If this occurs, the City will pay Context Systems <br />Associates for work completed to date at the rate of $30 per hour (not to <br />exceed the fixed amount for the current phase of the project). <br />The following payment schedule has been established to coincide <br />with project phase completions. <br />PAYMENT SCHEDULE <br />Acceptance of proposal 107. $ 450 <br />Completion of requirements definition 25% $ 1125 <br />Completion of Cost /Benefit Analysis 357. 1575 <br />Selection of vendors 30% 1350 <br />If the contents of this proposal are acceptable to you, please <br />indicate your acceptance by signing where indicated. <br />We at Context Systems appreciate the opportunity to present our <br />proposal to the City of Little Canada and look forward to working <br />with the staff and Council on this project. <br />Sincerely, ACCEPTANCE <br />C. Jean Podominick <br />Vice - president <br />Context Systems Associates <br />City of Little Canada <br />