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• MAY 02 '97 09:11AM FLANNERY CONSTRUCTION . P.2/5 . . <br /> • Page 2 <br /> g. Construction change administration. '. . . • <br />• h. Construction close-out administration. . <br /> . As compensation for .its services, Flannery Construction proposes that it be <br /> paid basic compensation .equal .to six percent. (6%) •of the• payments made to the . . <br /> various trade subcontractors, including any sums paid for changes in the work. ' <br /> The. construction manager would also receive compensation for additional . <br /> services consistent with the itemization of those services set forth in the• • : <br /> . attached AIA contract form, and would be paid- for reimbursable expenses • . . <br /> • • consistent.with those same provisions. ' <br /> We look forward to serving the City in this capacity, and we anticipate the • . <br /> compl'eti'on of a very successful project. . <br /> . Very truly yours, ' " . . ` <br /> FLANNERY CONSTRUCTION C. • : . <br /> • Jeilior- <br /> By: (7, � . <br /> ask Its: --� ` e....—/'_7 �`SL• <br /> • • ' ACCEPTANCE BY THE, CITY OF MOUNDSVIEW" . • . <br /> On behalf of the City of Moundsview, the undersigned accepts this Letter.' .of . <br /> Intent as the basis for, proceeding with the execution'of a formal construction • <br /> . management agreement. . <br /> Date: , <br /> CITY OF MOUNDSVIEW • ' - <br /> By: • • '• . . . <br /> Its: ' . • <br />