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Budget <br />20 <br />5. Budget <br />Springsted Incorporated will perform all tasks delineated in our proposal for <br />a professional fee of $14,450. <br />The team's standard hourly rates are presented below: <br />Principal /Senior Officer <br />$200 <br />Officer /Project Manager <br />Senior Associate <br />170 <br />145 <br />Associate <br />130 <br />Support Staff <br />55 <br />Out -Of- Pocket Expense <br />In addition to the professional fee above, the team would charge at cost for <br />actual out -of- pocket expenses not to exceed $700. Out -of- pocket expenses <br />include travel and sustenance, overnight or messenger deliveries, conference <br />calling beyond our internal capabilities, cellular phone calls, photocopying, <br />and mailing. <br />Additional Work <br />Should the City request and authorize additional work outside the scope of <br />services as agreed to or request additional revisions beyond those agreed <br />upon at the discussion and review of the preliminary findings, we would <br />invoice the City at our standard hourly fees. <br />Lino Lakes, Minnesota. Proposal to Provide Visioning Services <br />