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City of Mounds ViewRIVIi Page 4 <br /> Cost Estimate <br /> The costs of this process are easily managed by tailoring the project to fit the resources available <br /> and providing top level thinking to facilitate your process to achieve your goals. We propose that <br /> we work together to build a budget based on the different steps selected from our branding <br /> process. We will allocate the agency time to meet the desired elements of the process. We will <br /> make recommendations as to the research methods available within the budget, such as online <br /> surveys and key player interviews. <br /> Preliminary breakdowns of the costs are as follows: <br /> Discovery Phase: $6,000 - $7,000 (approx. 40 - 47 hours) <br /> Strategy Phase: $4,000 - $5,000 (approx. 27 - 34 hours) <br /> Identity Phase: $4,000 - $6,000 (approx. 24 - 36 hours) <br /> Estimated Total: $14,000 - $18,000 <br /> Project Timeline <br /> • We are able to be flexible with our process and would of course want to work with the <br /> availability of your team members. If necessary, we are able to condense these schedules if you <br /> are in a hurry. We would anticipate that following schedule: <br /> Discovery Phase—approximately five weeks to two months, depending on the types of <br /> research we select, and the timing of the EDA and EDC meetings. <br /> Strategy Phase—approximately three to four weeks -two weeks for the strategy formulation <br /> for review, and another one to two weeks to refine and finalize for approval. <br /> Identity Phase—approximately three to four weeks, assuming the focus is on creating the new <br /> logo and involves a maximum of three rounds of revisions. <br /> • <br /> ©2008 RMG Proprietary and Confidential 8/12/08 <br />