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Home My WebLink AboutContract 'ZDEd&KZ<EEz>><>/E^tZ^z^dD /DWZKsDEdWZK:dͲKE^dZhd/KEDE'DEdΘ /E^Wd/KE^Zs/^ d,/^'ZDEd͕ĚĂƚĞĚĨŽƌƌĞĨĞƌĞŶĐĞƉƵƌƉŽƐĞƐŽŶůǇĂƐ&ĞďƌƵƌĂƌǇϭϬ͕ϮϬϮϲ͕ŝƐďǇĂŶĚďĞƚǁĞĞŶ ƚŚĞŝƚǇŽĨZĞŶƚŽŶ;ƚŚĞ͞ŝƚǇ͟Ϳ͕ĂtĂƐŚŝŶŐƚŽŶŵƵŶŝĐŝƉĂůĐŽƌƉŽƌĂƚŝŽŶ͕ĂŶĚŽŶƐŽƌEŽƌƚŚŵĞƌŝĐĂ͕ /ŶĐ͘;͞ŽŶƐƵůƚĂŶƚ͟Ϳ͕KƌĞŐŽŶŽƌƉŽƌĂƚŝŽŶ͘dŚĞŝƚǇĂŶĚƚŚĞŽŶƐƵůƚĂŶƚĂƌĞƌĞĨĞƌƌĞĚƚŽĐŽůůĞĐƚŝǀĞůǇ ŝŶƚŚŝƐŐƌĞĞŵĞŶƚĂƐƚŚĞ͞WĂƌƚŝĞƐ͘͟KŶĐĞĨƵůůǇĞǆĞĐƵƚĞĚďǇƚŚĞWĂƌƚŝĞƐ͕ƚŚŝƐŐƌĞĞŵĞŶƚŝƐĞĨĨĞĐƚŝǀĞ ĂƐŽĨƚŚĞůĂƐƚĚĂƚĞƐŝŐŶĞĚďǇďŽƚŚƉĂƌƚŝĞƐ͘ ϭ͘^ĐŽƉĞŽĨtŽƌŬ͗ŽŶƐƵůƚĂŶƚĂŐƌĞĞƐƚŽƉƌŽǀŝĚĞŽŶƐƚƌƵĐƚŝŽŶDĂŶĂŐĞŵĞŶƚΘ/ŶƐƉĞĐƚŝŽŶ ^ĞƌǀŝĐĞƐĂƐƐƉĞĐŝĨŝĞĚŝŶǆŚŝďŝƚ͕ǁŚŝĐŚŝƐĂƚƚĂĐŚĞĚĂŶĚŝŶĐŽƌƉŽƌĂƚĞĚŚĞƌĞŝŶĂŶĚŵĂǇ ŚĞƌĞŝŶĂĨƚĞƌďĞƌĞĨĞƌƌĞĚƚŽĂƐƚŚĞ͞tŽƌŬ͘͟ Ϯ͘ŚĂŶŐĞƐŝŶ^ĐŽƉĞŽĨtŽƌŬ͗dŚĞŝƚǇ͕ǁŝƚŚŽƵƚŝŶǀĂůŝĚĂƚŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚ͕ŵĂǇŽƌĚĞƌ ĐŚĂŶŐĞƐƚŽƚŚĞtŽƌŬĐŽŶƐŝƐƚŝŶŐŽĨĂĚĚŝƚŝŽŶƐ͕ĚĞůĞƚŝŽŶƐŽƌŵŽĚŝĨŝĐĂƚŝŽŶƐ͘ŶǇƐƵĐŚĐŚĂŶŐĞƐ ƚŽƚŚĞtŽƌŬƐŚĂůůďĞŽƌĚĞƌĞĚďǇƚŚĞŝƚǇŝŶǁƌŝƚŝŶŐĂŶĚƚŚĞŽŵƉĞŶƐĂƚŝŽŶƐŚĂůůďĞ ĞƋƵŝƚĂďůǇĂĚũƵƐƚĞĚĐŽŶƐŝƐƚĞŶƚǁŝƚŚƚŚĞƌĂƚĞƐƐĞƚĨŽƌƚŚŝŶǆŚŝď ŝƚŽƌĂƐŽƚŚĞƌǁŝƐĞŵƵƚƵĂůůǇ ĂŐƌĞĞĚďǇƚŚĞWĂƌƚŝĞƐ͘ ϯ͘dŝŵĞŽĨWĞƌĨŽƌŵĂŶĐĞ͗ůůǁŽƌŬƐŚĂůůďĞƉĞƌĨŽƌŵĞĚďǇŶŽůĂƚĞƌƚŚĂŶĞĐĞŵďĞƌϯϭ͕ϮϬϮϴ͘ ϰ͘ŽŵƉĞŶƐĂƚŝŽŶ͗ ͘ ŵŽƵŶƚ͘ dŽƚĂů ĐŽŵƉĞŶƐĂƚŝŽŶ ƚŽ ŽŶƐƵůƚĂŶƚ ĨŽƌ tŽƌŬ ƉƌŽǀŝĚĞĚ ƉƵƌƐƵĂŶƚ ƚŽ ƚŚŝƐ ŐƌĞĞŵĞŶƚƐŚĂůůŶŽƚĞǆĐĞĞĚΨϭ͕ϮϰϬ͕Ϭϯϯ͕ƉůƵƐĂŶǇĂƉƉůŝĐĂďůĞƐƚĂƚĞĂŶĚůŽĐĂůƐĂůĞƐ ƚĂǆĞƐ͘ŽŵƉĞŶƐĂƚŝŽŶƐŚĂůůďĞƉĂŝĚďĂƐĞĚƵƉŽŶtŽƌŬĂĐƚƵĂůůǇƉĞƌĨŽƌŵĞĚĂĐĐŽƌĚŝŶŐƚŽ ƚŚĞƌĂƚĞ;ƐͿŽƌĂŵŽƵŶƚƐƐƉĞĐŝĨŝĞĚŝŶǆŚŝďŝƚ͘dŚĞŽŶƐƵůƚĂŶƚĂŐƌĞĞƐƚŚĂƚĂŶǇŚŽƵƌůǇŽƌ ĨůĂƚƌĂƚĞĐŚĂƌŐĞĚďǇŝƚĨŽƌŝƚƐtŽƌŬƐŚĂůůƌĞŵĂŝŶůŽĐŬĞĚĂƚƚŚĞŶĞŐŽƚŝĂƚĞĚƌĂƚĞ;ƐͿƵŶůĞƐƐ ŽƚŚĞƌǁŝƐĞĂŐƌĞĞĚƚŽŝŶǁƌŝƚŝŶŐŽƌƉƌŽǀŝĚĞĚŝŶǆŚŝďŝƚ͘ǆĐĞƉƚĂƐƐƉĞĐŝĨŝĐĂůůǇƉƌŽǀŝĚĞĚ ŚĞƌĞŝŶ͕ƚŚĞŽŶƐƵůƚĂŶƚƐŚĂůůďĞƐŽůĞůǇƌĞƐƉŽŶƐŝďůĞĨŽƌƉĂǇŵĞŶƚŽĨĂŶǇƚĂǆĞƐŝŵƉŽƐĞĚ ĂƐĂƌĞƐƵůƚŽĨƚŚĞƉĞƌĨŽƌŵĂŶĐĞĂŶĚƉĂǇŵĞŶƚŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘ ͘ DĞƚŚŽĚŽĨWĂǇŵĞŶƚ͘KŶĂŵŽŶƚŚůǇŽƌŶŽůĞƐƐƚŚĂŶƋƵĂƌƚĞƌůǇďĂƐŝƐĚƵƌŝŶŐĂŶǇƋƵĂƌƚĞƌ ŝŶǁŚŝĐŚtŽƌŬŝƐƉĞƌĨŽƌŵĞĚ͕ƚŚĞŽŶƐƵůƚĂŶƚƐŚĂůůƐƵďŵŝƚĂǀŽƵĐŚĞƌŽƌŝŶǀŽŝĐĞŝŶĂĨŽƌŵ ƐƉĞĐŝĨŝĞĚďǇƚŚĞŝƚǇ͕ŝŶĐůƵĚŝŶŐĂĚĞƐĐƌŝƉƚŝŽŶŽĨǁŚĂƚtŽƌŬŚĂƐďĞĞŶƉĞƌĨŽƌŵĞĚ͕ƚŚĞ ŶĂŵĞŽĨƚŚĞƉĞƌƐŽŶŶĞůƉĞƌĨŽƌŵŝŶŐƐƵĐŚtŽƌŬ͕ĂŶĚĂŶǇŚŽƵƌůǇůĂďŽƌĐŚĂƌŐĞƌĂƚĞĨŽƌ ƐƵĐŚƉĞƌƐŽŶŶĞů͘dŚĞŽŶƐƵůƚĂŶƚƐŚĂůůĂůƐŽƐƵďŵŝƚĂĨŝŶĂůďŝůůƵƉŽŶĐŽŵƉůĞƚŝŽŶŽĨĂůů tŽƌŬ͘WĂǇŵĞŶƚƐŚĂůůďĞŵĂĚĞďǇƚŚĞŝƚǇĨŽƌtŽƌŬƉĞƌĨŽƌŵĞĚǁŝƚŚŝŶƚŚŝƌƚǇ;ϯϬͿ ĐĂůĞŶĚĂƌĚĂǇƐĂĨƚĞƌƌĞĐĞŝƉƚĂŶĚĂƉƉƌŽǀĂůďǇƚŚĞĂƉƉƌŽƉƌŝĂƚĞŝƚǇƌĞƉƌĞƐĞŶƚĂƚŝǀĞŽĨƚŚĞ CAG-26-036 W'ϮK&ϭϬ ǀŽƵĐŚĞƌŽƌŝŶǀŽŝĐĞ͘/ĨƚŚĞŽŶƐƵůƚĂŶƚ͛ƐƉĞƌĨŽƌŵĂŶĐĞĚŽĞƐŶŽƚŵĞĞƚƚŚĞƌĞƋƵŝƌĞŵĞŶƚƐ ŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͕ƚŚĞŽŶƐƵůƚĂŶƚǁŝůůĐŽƌƌĞĐƚŽƌŵŽĚŝĨǇŝƚƐƉĞƌĨŽƌŵĂŶĐĞƚŽĐŽŵƉůǇ ǁŝƚŚƚŚĞŐƌĞĞŵĞŶƚ͘dŚĞŝƚǇŵĂǇǁŝƚŚŚŽůĚƉĂǇŵĞŶƚĨŽƌǁŽƌŬƚŚĂƚĚŽĞƐŶŽƚŵĞĞƚƚŚĞ ƌĞƋƵŝƌĞŵĞŶƚƐŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͘ ͘ ĨĨĞĐƚŽĨWĂǇŵĞŶƚ͘WĂǇŵĞŶƚĨŽƌĂŶǇƉĂƌƚŽĨƚŚĞtŽƌŬƐŚĂůůŶŽƚĐŽŶƐƚŝƚƵƚĞĂǁĂŝǀĞƌďǇ ƚŚĞŝƚǇŽĨĂŶǇƌĞŵĞĚŝĞƐŝƚŵĂǇŚĂǀĞĂŐĂŝŶƐƚƚŚĞŽŶƐƵůƚĂŶƚĨŽƌĨĂŝůƵƌĞŽĨƚŚĞ ŽŶƐƵůƚĂŶƚ ƚŽ ƉĞƌĨŽƌŵ ƚŚĞ tŽƌŬ Žƌ ĨŽƌ ĂŶǇ ďƌĞĂĐŚ ŽĨ ƚŚŝƐ ŐƌĞĞŵĞŶƚ ďǇ ƚŚĞ ŽŶƐƵůƚĂŶƚ͘ ͘ EŽŶͲƉƉƌŽƉƌŝĂƚŝŽŶŽĨ&ƵŶĚƐ͘/ĨƐƵĨĨŝĐŝĞŶƚĨƵŶĚƐĂƌĞŶŽƚĂƉƉƌŽƉƌŝĂƚĞĚŽƌĂůůŽĐĂƚĞĚĨŽƌ ƉĂǇŵĞŶƚƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚĨŽƌĂŶǇĨƵƚƵƌĞĨŝƐĐĂůƉĞƌŝŽĚ͕ƚŚĞŝƚǇƐŚĂůůŶŽƚďĞ ŽďůŝŐĂƚĞĚƚŽŵĂŬĞƉĂǇŵĞŶƚƐĨŽƌtŽƌŬŽƌĂŵŽƵŶƚƐŝŶĐƵƌƌĞĚĂĨƚĞƌƚŚĞĞŶĚŽĨƚŚĞ ĐƵƌƌĞŶƚĨŝƐĐĂůƉĞƌŝŽĚ͕ĂŶĚƚŚŝƐŐƌĞĞŵĞŶƚǁŝůůƚĞƌŵŝŶĂƚĞƵƉŽŶƚŚĞĐŽŵƉůĞƚŝŽŶŽĨĂůů ƌĞŵĂŝŶŝŶŐtŽƌŬĨŽƌǁŚŝĐŚĨƵŶĚƐĂƌĞĂůůŽĐĂƚĞĚ͘EŽƉĞŶĂůƚǇŽƌĞǆƉĞŶƐĞƐŚĂůůĂĐĐƌƵĞƚŽ ƚŚĞŝƚǇŝŶƚŚĞĞǀĞŶƚƚŚŝƐƉƌŽǀŝƐŝŽŶĂƉƉůŝĞƐ͘ ϱ͘dĞƌŵŝŶĂƚŝŽŶ͗ ͘dŚĞŝƚǇƌĞƐĞƌǀĞƐƚŚĞƌŝŐŚƚƚŽƚĞƌŵŝŶĂƚĞƚŚŝƐŐƌĞĞŵĞŶƚĂƚĂŶǇƚŝŵĞ͕ǁŝƚŚŽƌǁŝƚŚŽƵƚ ĐĂƵƐĞďǇŐŝǀŝŶŐƚĞŶ;ϭϬͿĐĂůĞŶĚĂƌĚĂǇƐ͛ŶŽƚŝĐĞƚŽƚŚĞŽŶƐƵůƚĂŶƚŝŶǁƌŝƚŝŶŐ͘/ŶƚŚĞĞǀĞŶƚ ŽĨƐƵĐŚƚĞƌŵŝŶĂƚŝŽŶŽƌƐƵƐƉĞŶƐŝŽŶ͕ĂůůĨŝŶŝƐŚĞĚŽƌƵŶĨŝŶŝƐŚĞĚĚŽĐƵŵĞŶƚƐ͕ĚĂƚĂ͕ƐƚƵĚŝĞƐ͕ ǁŽƌŬƐŚĞĞƚƐ͕ŵŽĚĞůƐĂŶĚƌĞƉŽƌƚƐ͕ŽƌŽƚŚĞƌŵĂƚĞƌŝĂůƉƌĞƉĂƌĞĚďǇƚŚĞ ŽŶƐƵůƚĂŶƚ ƉƵƌƐƵĂŶƚƚŽƚŚŝƐŐƌĞĞŵĞŶƚƐŚĂůůďĞƐƵďŵŝƚƚĞĚƚŽƚŚĞŝƚǇ͕ŝĨĂŶǇĂƌĞƌĞƋƵŝƌĞĚĂƐƉĂƌƚ ŽĨƚŚĞtŽƌŬ͘ ͘/ŶƚŚĞĞǀĞŶƚƚŚŝƐŐƌĞĞŵĞŶƚŝƐƚĞƌŵŝŶĂƚĞĚďǇƚŚĞŝƚǇ͕ƚŚĞŽŶƐƵůƚĂŶƚƐŚĂůůďĞĞŶƚŝƚůĞĚ ƚŽƉĂǇŵĞŶƚĨŽƌĂůůŚŽƵƌƐǁŽƌŬĞĚƚŽƚŚĞĞĨĨĞĐƚŝǀĞĚĂƚĞŽĨƚĞƌŵŝŶ ĂƚŝŽŶ͕ůĞƐƐĂůůƉĂǇŵĞŶƚƐ ƉƌĞǀŝŽƵƐůǇŵĂĚĞ͘/ĨƚŚĞŐƌĞĞŵĞŶƚŝƐƚĞƌŵŝŶĂƚĞĚďǇƚŚĞŝƚǇĂĨƚĞƌƉĂƌƚŝĂůƉĞƌĨŽƌŵĂŶĐĞ ŽĨtŽƌŬĨŽƌǁŚŝĐŚƚŚĞĂŐƌĞĞĚĐŽŵƉĞŶƐĂƚŝŽŶŝƐĂĨŝǆĞĚĨĞĞ͕ƚŚĞŝƚǇƐŚĂůůƉĂǇƚŚĞ ŽŶƐƵůƚĂŶƚĂŶĞƋƵŝƚĂďůĞƐŚĂƌĞŽĨƚŚĞĨŝǆĞĚĨĞĞ͘dŚŝƐƉƌŽǀŝƐŝŽŶƐŚĂůůŶŽƚƉƌĞǀĞŶƚƚŚĞ ŝƚǇĨƌŽŵƐĞĞŬŝŶŐĂŶǇůĞŐĂůƌĞŵĞĚŝĞƐŝƚŵĂǇŚĂǀĞĨŽƌƚŚĞǀŝŽůĂƚŝŽŶŽƌŶŽŶƉĞƌĨŽƌŵĂŶĐĞ ŽĨĂŶǇŽĨƚŚĞƉƌŽǀŝƐŝŽŶƐŽĨƚŚŝƐŐƌĞĞŵĞŶƚĂŶĚƐƵĐŚĐŚĂƌŐĞƐĚƵĞƚŽƚŚĞŝƚǇƐŚĂůůďĞ ĚĞĚƵĐƚĞĚĨƌŽŵƚŚĞĨŝŶĂůƉĂǇŵĞŶƚĚƵĞƚŚĞŽŶƐƵůƚĂŶƚ͘EŽƉĂǇŵĞŶƚƐŚĂůůďĞŵĂĚĞďǇ 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͘ŽŵŵĞƌĐŝĂůƵƚŽŵŽďŝůĞ>ŝĂďŝůŝƚǇĨŽƌŽǁŶĞĚ͕ůĞĂƐĞĚ͕ŚŝƌĞĚŽƌŶŽŶͲŽǁŶĞĚ͕ůĞĂƐĞĚ͕ŚŝƌĞĚ ŽƌŶŽŶͲŽǁŶĞĚ͕ǁŝƚŚŵŝŶŝŵƵŵůŝŵŝƚƐŽĨΨϭ͕ϬϬϬ͕ϬϬϬƉĞƌŽĐĐƵƌƌĞŶĐĞĐŽŵďŝŶĞĚƐŝŶŐůĞ ůŝŵŝƚ͕ŝĨƚŚĞƌĞǁŝůůďĞĂŶǇƵƐĞŽĨŽŶƐƵůƚĂŶƚ͛ƐǀĞŚŝĐůĞƐŽŶƚŚĞŝƚǇ͛ƐWƌĞŵŝƐĞƐďǇŽƌŽŶ ďĞŚĂůĨŽĨƚŚĞŝƚǇ͕ďĞǇŽŶĚŶŽƌŵĂůĐŽŵŵƵƚĞƐ͘ W'ϲK&ϭϬ ͘ŽŶƐƵůƚĂŶƚƐŚĂůůŶĂŵĞƚŚĞŝƚǇĂƐĂŶĚĚŝƚŝŽŶĂů/ŶƐƵƌĞĚŽŶŝƚƐĐŽŵŵĞƌĐŝĂůŐĞŶĞƌĂů ůŝĂďŝůŝƚǇƉŽůŝĐǇŽŶĂŶŽŶͲĐŽŶƚƌŝďƵƚŽƌǇƉƌŝŵĂƌǇďĂƐŝƐ͘dŚĞŝƚǇ͛ƐŝŶƐƵƌĂŶĐĞƉŽůŝĐŝĞƐƐŚĂůů ŶŽƚďĞĂƐŽƵƌĐĞĨŽƌƉĂǇŵĞŶƚŽĨĂŶǇŽŶƐƵůƚĂŶƚůŝĂďŝůŝƚǇ͕ŶŽƌƐŚĂůůƚŚĞŵĂŝŶƚĞŶĂŶĐĞŽĨ ĂŶǇ ŝŶƐƵƌĂŶĐĞ ƌĞƋƵŝƌĞĚ ďǇ ƚŚŝƐ ŐƌĞĞŵĞŶƚ ďĞ ĐŽŶƐƚƌƵĞĚ ƚŽ ůŝŵŝƚƚŚĞ ůŝĂďŝůŝƚǇ ŽĨ ŽŶƐƵůƚĂŶƚƚŽƚŚĞĐŽǀĞƌĂŐĞƉƌŽǀŝĚĞĚďǇƐƵĐŚŝŶƐƵƌĂŶĐĞŽƌŽƚŚĞƌǁŝƐĞůŝŵŝƚƚŚĞŝƚǇ͛Ɛ ƌĞĐŽƵƌƐĞƚŽĂŶǇƌĞŵĞĚǇĂǀĂŝůĂďůĞĂƚůĂǁŽƌŝŶĞƋƵŝƚǇ͘ &͘^ƵďũĞĐƚƚŽƚŚĞŝƚǇ͛ƐƌĞǀŝĞǁĂŶĚĂĐĐĞƉƚĂŶĐĞ͕ĂĐĞƌƚŝĨŝĐĂƚĞŽĨŝŶƐƵƌĂŶĐĞƐŚŽǁŝŶŐƚŚĞ ƉƌŽƉĞƌĞŶĚŽƌƐĞŵĞŶƚƐ͕ƐŚĂůůďĞĚĞůŝǀĞƌĞĚƚŽƚŚĞŝƚǇďĞĨŽƌĞƉĞƌĨŽƌŵŝŶŐƚŚĞtŽƌŬ͘ '͘ŽŶƐƵůƚĂŶƚƐŚĂůůƉƌŽǀŝĚĞƚŚĞŝƚǇǁŝƚŚǁƌŝƚƚĞŶŶŽƚŝĐĞŽĨĂŶǇƉŽůŝĐǇĐĂŶĐĞůůĂƚŝŽŶ͕ǁŝƚŚŝŶ ƚǁŽ;ϮͿďƵƐŝŶĞƐƐĚĂǇƐŽĨƚŚĞŝƌƌĞĐĞŝƉƚŽĨƐƵĐŚŶŽƚŝĐĞ͘ ϭϰ͘ĞůĂǇƐ͗ ŽŶƐƵůƚĂŶƚ ŝƐ ŶŽƚ ƌĞƐƉŽŶƐŝďůĞ ĨŽƌ ĚĞůĂǇƐ ĐĂƵƐĞĚ ďǇ ĨĂĐƚŽƌƐ ďĞǇŽŶĚ ƚŚĞ ŽŶƐƵůƚĂŶƚ͛ƐƌĞĂƐŽŶĂďůĞĐŽŶƚƌŽů͘tŚĞŶƐƵĐŚĚĞůĂǇƐďĞǇŽŶĚƚŚĞŽŶƐƵůƚĂŶƚ͛ƐƌĞĂƐŽŶĂďůĞ ĐŽŶƚƌŽůŽĐĐƵƌ͕ƚŚĞŝƚǇĂŐƌĞĞƐƚŚĞŽŶƐƵůƚĂŶƚŝƐŶŽƚƌĞƐƉŽŶƐŝďůĞĨŽƌĚĂŵĂŐĞƐ͕ŶŽƌƐŚĂůůƚŚĞ ŽŶƐƵůƚĂŶƚďĞĚĞĞŵĞĚƚŽďĞŝŶĚĞĨĂƵůƚŽĨƚŚĞŐƌĞĞŵĞŶƚ͘ ϭϱ͘^ƵĐĐĞƐƐŽƌƐĂŶĚƐƐŝŐŶƐ͗EĞŝƚŚĞƌƚŚĞŝƚǇŶŽƌƚŚĞŽŶƐƵůƚĂŶƚƐŚĂůůĂƐƐŝŐŶ͕ƚƌĂŶƐĨĞƌŽƌ ĞŶĐƵŵďĞƌĂŶǇƌŝŐŚƚƐ͕ĚƵƚŝĞƐŽƌŝŶƚĞƌĞƐƚƐĂĐĐƌƵŝŶŐĨƌŽŵƚŚŝƐŐƌĞĞŵĞŶƚ ǁŝƚŚŽƵƚ ƚŚĞ ǁƌŝƚƚĞŶĐŽŶƐĞŶƚŽĨƚŚĞŽƚŚĞƌ͘ ϭϲ͘EŽƚŝĐĞƐ͗ŶǇŶŽƚŝĐĞƌĞƋƵŝƌĞĚƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚǁŝůůďĞŝŶǁƌŝƚŝŶŐ͕ĂĚĚƌĞƐƐĞĚƚŽƚŚĞ ĂƉƉƌŽƉƌŝĂƚĞƉĂƌƚǇĂƚƚŚĞĂĚĚƌĞƐƐǁŚŝĐŚĂƉƉĞĂƌƐďĞůŽǁ;ĂƐŵŽĚŝĨŝĞĚŝŶǁƌŝƚŝŶŐĨƌŽŵƚŝŵĞ ƚŽƚŝŵĞďǇƐƵĐŚƉĂƌƚǇͿ͕ĂŶĚŐŝǀĞŶƉĞƌƐŽŶĂůůǇ͕ďǇƌĞŐŝƐƚĞƌĞĚŽƌĐĞƌƚŝĨŝĞĚŵĂŝů͕ƌĞƚƵƌŶƌĞĐĞŝƉƚ ƌĞƋƵĞƐƚĞĚ͕ďǇĨĂĐƐŝŵŝůĞŽƌďǇŶĂƚŝŽŶĂůůǇƌĞĐŽŐŶŝǌĞĚŽǀĞƌŶŝŐŚƚĐŽƵƌŝĞƌƐĞƌǀŝĐĞ͘dŝŵĞƉĞƌŝŽĚ ĨŽƌ ŶŽƚŝĐĞƐ ƐŚĂůů ďĞĚĞĞŵĞĚ ƚŽŚĂǀĞ ĐŽŵŵĞŶĐĞĚƵƉŽŶ ƚŚĞ ĚĂƚĞ ŽĨƌĞĐĞŝƉƚ͕ yWd ĨĂĐƐŝŵŝůĞĚĞůŝǀĞƌǇǁŝůůďĞĚĞĞŵĞĚƚŽŚĂǀĞĐŽŵŵĞŶĐĞĚŽŶƚŚĞĨŝƌƐƚďƵƐŝŶĞƐƐĚĂǇĨŽůůŽǁŝŶŐ ƚƌĂŶƐŵŝƐƐŝŽŶ͘ ŵĂŝů ĂŶĚ ƚĞůĞƉŚŽŶĞ ŵĂǇ ďĞ ƵƐĞĚ ĨŽƌ ƉƵƌƉŽƐĞƐ ŽĨ ĂĚŵŝŶŝƐƚĞƌŝŶŐ ƚŚĞ ŐƌĞĞŵĞŶƚ͕ďƵƚƐŚŽƵůĚŶŽƚďĞƵƐĞĚƚŽŐŝǀĞĂŶǇĨŽƌŵĂůŶŽƚŝĐĞƌĞƋƵŝƌĞĚďǇƚŚĞŐƌĞĞŵĞŶƚ͘ /dzK&ZEdKE ŶŽƵƐŚĞŚEĂǁĂǌ ϭϬϱϱ^ŽƵƚŚ'ƌĂĚǇtĂǇ ZĞŶƚŽŶ͕tϵϴϬϱϳ WŚŽŶĞ͗;ϰϮϱͿϳϱϳͲϵϭϱϲ EĂǁĂǌΛƌĞŶƚŽŶt͘ŐŽǀ KE^h>dEd ƌĞǁZĂŶĚŽůƉŚ ϭϭϬϮƌŽĂĚǁĂǇWůĂǌĂƐƵŝƚϰϬϭ dĂĐŽŵĂ͕tϰϲϳϰ WŚŽŶĞ͗;ϯϲϬͿϳϭϬͲϰϲϳϰ ĚƌĞǁ͘ƌĂŶĚŽůƉŚΛĐŽŶƐŽƌĞŶŐ͘ĐŽŵ ϭϳ͘ŝƐĐƌŝŵŝŶĂƚŝŽŶWƌŽŚŝďŝƚĞĚ͗ǆĐĞƉƚƚŽƚŚĞĞǆƚĞŶƚƉĞƌŵŝƚƚĞĚďǇĂďŽŶĂĨŝĚĞŽĐĐƵƉĂƚŝŽŶĂů ƋƵĂůŝĨŝĐĂƚŝŽŶ͕ƚŚĞŽŶƐƵůƚĂŶƚĂŐƌĞĞƐĂƐĨŽůůŽǁƐ͗ W'ϳK&ϭϬ ͘ŽŶƐƵůƚĂŶƚ͕ ĂŶĚ ŽŶƐƵůƚĂŶƚ͛Ɛ ĂŐĞŶƚƐ͕ ĞŵƉůŽǇĞĞƐ͕ ƌĞƉƌĞƐĞŶƚĂƚŝǀĞƐ͕ ĂŶĚ ǀŽůƵŶƚĞĞƌƐ ǁŝƚŚƌĞŐĂƌĚƚŽƚŚĞtŽƌŬƉĞƌĨŽƌŵĞĚŽƌƚŽďĞƉĞƌĨŽƌŵĞĚƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚ͕ƐŚĂůů ŶŽƚĚŝƐĐƌŝŵŝŶĂƚĞŽŶƚŚĞďĂƐŝƐŽĨƌĂĐĞ͕ĐŽůŽƌ͕ƐĞǆ͕ƌĞůŝŐŝŽŶ͕ŶĂƚŝŽŶĂůŝƚǇ͕ĐƌĞĞĚ͕ŵĂƌŝƚĂů ƐƚĂƚƵƐ͕ƐĞǆƵĂůŽƌŝĞŶƚĂƚŝŽŶŽƌƉƌĞĨĞƌĞŶĐĞ͕ĂŐĞ;ĞǆĐĞƉƚŵŝŶŝŵƵŵĂŐĞĂŶĚƌĞƚŝƌĞŵĞŶƚ ƉƌŽǀŝƐŝŽŶƐͿ͕ŚŽŶŽƌĂďůǇĚŝƐĐŚĂƌŐĞĚǀĞƚĞƌĂŶŽƌŵŝůŝƚĂƌǇƐƚĂƚƵƐ͕ŽƌƚŚĞƉƌĞƐĞŶĐĞŽĨĂŶǇ ƐĞŶƐŽƌǇ͕ŵĞŶƚĂůŽƌƉŚǇƐŝĐĂůŚĂŶĚŝĐĂƉ͕ƵŶůĞƐƐďĂƐĞĚƵƉŽŶĂďŽŶĂĨŝĚĞŽĐĐƵƉĂƚŝŽŶĂů ƋƵĂůŝĨŝĐĂƚŝŽŶŝŶƌĞůĂƚŝŽŶƐŚŝƉƚŽŚŝƌŝŶŐĂŶĚĞŵƉůŽǇŵĞŶƚ͕ŝŶĞŵƉůŽǇŵĞŶƚŽƌĂƉƉůŝĐĂƚŝŽŶ ĨŽƌĞŵƉůŽǇŵĞŶƚ͕ƚŚĞĂĚŵŝŶŝƐƚƌĂƚŝŽŶŽĨƚŚĞĚĞůŝǀĞƌǇŽĨtŽƌŬŽƌĂŶǇŽƚŚĞƌďĞŶĞĨŝƚƐ ƵŶĚĞƌƚŚŝƐŐƌĞĞŵĞŶƚ͕ŽƌƉƌŽĐƵƌĞŵĞŶƚŽĨŵĂƚĞƌŝĂůƐŽƌƐƵƉƉůŝĞƐ͘ ͘dŚĞŽŶƐƵůƚĂŶƚǁŝůůƚĂŬĞĂĨĨŝƌŵĂƚŝǀĞĂĐƚŝŽŶƚŽŝŶƐƵƌĞƚŚĂƚĂƉƉůŝĐĂŶƚƐĂƌĞĞŵƉůŽǇĞĚĂŶĚ ƚŚĂƚĞŵƉůŽǇĞĞƐĂƌĞƚƌĞĂƚĞĚĚƵƌŝŶŐĞŵƉůŽǇŵĞŶƚǁŝƚŚŽƵƚƌĞŐĂƌĚƚŽƚŚĞŝƌƌĂĐĞ͕ĐƌĞĞĚ͕ ĐŽůŽƌ͕ ŶĂƚŝŽŶĂů ŽƌŝŐŝŶ͕ ƐĞǆ͕ ĂŐĞ͕ ƐĞǆƵĂů ŽƌŝĞŶƚĂƚŝŽŶ͕ ƉŚǇƐŝĐĂů͕ƐĞŶƐŽƌǇŽƌŵĞŶƚĂů ŚĂŶĚŝĐĂƉƐ͕ŽƌŵĂƌŝƚĂůƐƚĂƚƵƐ͘^ƵĐŚĂĐƚŝŽŶƐŚĂůůŝŶĐůƵĚĞ͕ďƵƚŶŽƚďĞůŝŵŝƚĞĚƚŽƚŚĞ ĨŽůůŽǁŝŶŐĞŵƉůŽǇŵĞŶƚ͕ƵƉŐƌĂĚŝŶŐ͕ĚĞŵŽƚŝŽŶŽƌƚƌĂŶƐĨĞƌ͕ƌĞĐƌƵŝƚŵĞŶƚŽƌƌĞĐƌƵŝƚŵĞŶƚ ĂĚǀĞƌƚŝƐŝŶŐ͕ůĂǇŽĨĨŽƌƚĞƌŵŝŶĂƚŝŽŶ͕ƌĂƚĞƐŽĨƉĂǇŽƌŽƚŚĞƌĨŽƌŵƐŽĨĐŽŵƉĞŶƐĂƚŝŽŶĂŶĚ ƐĞůĞĐƚŝŽŶĨŽƌƚƌĂŝŶŝŶŐ͘ ͘/ĨƚŚĞŽŶƐƵůƚĂŶƚĨĂŝůƐƚŽĐŽŵƉůǇǁŝƚŚĂŶǇŽĨƚŚŝƐŐƌĞĞŵĞŶƚ͛ƐŶŽŶͲĚŝƐĐƌŝŵŝŶĂƚŝŽŶ ƉƌŽǀŝƐŝŽŶƐ͕ƚŚĞŝƚǇƐŚĂůůŚĂǀĞƚŚĞƌŝŐŚƚ͕ĂƚŝƚƐŽƉƚŝŽŶ͕ƚŽĐĂŶĐĞůƚŚĞŐƌĞĞŵĞŶƚŝŶ ǁŚŽůĞŽƌŝŶƉĂƌƚ͘ ͘dŚĞŽŶƐƵůƚĂŶƚŝƐƌĞƐƉŽŶƐŝďůĞƚŽďĞĂǁĂƌĞŽĨĂŶĚŝŶĐŽŵƉůŝĂŶĐĞǁŝƚŚĂůůĨĞĚĞƌĂů͕ƐƚĂƚĞ ĂŶĚůŽĐĂůůĂǁƐĂŶĚƌĞŐƵůĂƚŝŽŶƐƚŚĂƚŵĂǇĂĨĨĞĐƚƚŚĞƐĂƚŝƐĨĂĐƚŽƌǇĐŽŵƉůĞƚŝŽŶŽĨƚŚĞ ƉƌŽũĞĐƚ͕ǁŚŝĐŚŝŶĐůƵĚĞƐďƵƚŝƐŶŽƚůŝŵŝƚĞĚƚŽĨĂŝƌůĂďŽƌůĂǁƐ͕ǁŽƌŬĞƌΖƐĐŽŵƉĞŶƐĂƚŝŽŶ͕ ĂŶĚdŝƚůĞs/ŽĨƚŚĞ&ĞĚĞƌĂůŝǀŝůZŝŐŚƚƐĐƚŽĨϭϵϲϰ͕ĂŶĚǁŝůůĐŽŵƉůǇǁŝƚŚŝƚǇŽĨZĞŶƚŽŶ ŽƵŶĐŝůZĞƐŽůƵƚŝŽŶEƵŵďĞƌϰϬϴϱ͘ ϭϴ͘DŝƐĐĞůůĂŶĞŽƵƐ͗dŚĞƉĂƌƚŝĞƐŚĞƌĞďǇĂĐŬŶŽǁůĞĚŐĞ͗ ͘dŚĞŝƚǇŝƐŶŽƚƌĞƐƉŽŶƐŝďůĞƚŽƚƌĂŝŶŽƌƉƌŽǀŝĚĞƚƌĂŝŶŝŶŐĨŽƌŽŶƐƵůƚĂŶƚ͘ ͘ŽŶƐƵůƚĂŶƚǁŝůůŶŽƚďĞƌĞŝŵďƵƌƐĞĚĨŽƌũŽďƌĞůĂƚĞĚĞǆƉĞŶƐĞƐĞǆĐĞƉƚƚŽƚŚĞĞǆƚĞŶƚ ƐƉĞĐŝĨŝĐĂůůǇĂŐƌĞĞĚǁŝƚŚŝŶƚŚĞĂƚƚĂĐŚĞĚĞǆŚŝďŝƚƐ͘ ͘ŽŶƐƵůƚĂŶƚƐŚĂůůĨƵƌŶŝƐŚĂůůƚŽŽůƐĂŶĚͬŽƌŵĂƚĞƌŝĂůƐŶĞĐĞƐƐĂƌǇƚŽƉĞƌĨŽƌŵƚŚĞtŽƌŬ ĞǆĐĞƉƚƚŽƚŚĞĞǆƚĞŶƚƐƉĞĐŝĨŝĐĂůůǇĂŐƌĞĞĚǁŝƚŚŝŶƚŚĞĂƚƚĂĐŚĞĚĞǆŚŝďŝƚƐ͘ ͘/ŶƚŚĞĞǀĞŶƚƐƉĞĐŝĂůƚƌĂŝŶŝŶŐ͕ůŝĐĞŶƐŝŶŐ͕ŽƌĐĞƌƚŝĨŝĐĂƚŝŽŶŝƐƌĞƋƵŝƌĞĚĨŽƌŽŶƐƵůƚĂŶƚƚŽ ƉƌŽǀŝĚĞtŽƌŬŚĞͬƐŚĞǁŝůůĂĐƋƵŝƌĞŽƌŵĂŝŶƚĂŝŶƐƵĐŚĂƚŚŝƐͬŚĞƌŽǁŶĞǆƉĞŶƐĞĂŶĚ͕ŝĨ ŽŶƐƵůƚĂŶƚĞŵƉůŽǇƐ͕ƐƵďͲĐŽŶƚƌĂĐƚƐ͕ŽƌŽƚŚĞƌǁŝƐĞĂƐƐŝŐŶƐƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚǇƚŽƉĞƌĨŽƌŵ ƚŚĞtŽƌŬ͕ƐĂŝĚĞŵƉůŽǇĞĞͬƐƵďͲĐŽŶƚƌĂĐƚŽƌͬĂƐƐŝŐŶĞĞǁŝůůĂĐƋƵŝƌĞĂŶĚŽƌŵĂŝŶƚĂŝŶƐƵĐŚ ƚƌĂŝŶŝŶŐ͕ůŝĐĞŶƐŝŶŐ͕ŽƌĐĞƌƚŝĨŝĐĂƚŝŽŶ͘ W'ϴK&ϭϬ ͘dŚŝƐŝƐĂŶŽŶͲĞǆĐůƵƐŝǀĞĂŐƌĞĞŵĞŶƚĂŶĚŽŶƐƵůƚĂŶƚŝƐĨƌĞĞƚŽƉƌŽǀŝĚĞŚŝƐͬŚĞƌtŽƌŬƚŽ ŽƚŚĞƌĞŶƚŝƚŝĞƐ͕ƐŽůŽŶŐĂƐƚŚĞƌĞŝƐŶŽŝŶƚĞƌƌƵƉƚŝŽŶŽƌŝŶƚĞƌĨĞƌĞŶĐĞǁŝƚŚƚŚĞƉƌŽǀŝƐŝŽŶŽĨ tŽƌŬĐĂůůĞĚĨŽƌŝŶƚŚŝƐŐƌĞĞŵĞŶƚ͘ &͘ŽŶƐƵůƚĂŶƚŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌŚŝƐͬŚĞƌŽǁŶŝŶƐƵƌĂŶĐĞ͕ŝŶĐůƵĚŝŶŐ͕ďƵƚŶŽƚůŝŵŝƚĞĚƚŽ ŚĞĂůƚŚŝŶƐƵƌĂŶĐĞ͘ '͘ŽŶƐƵůƚĂŶƚŝƐƌĞƐƉŽŶƐŝďůĞĨŽƌŚŝƐͬŚĞƌŽǁŶtŽƌŬĞƌ͛ƐŽŵƉĞŶƐĂƚŝŽŶĐŽǀĞƌĂŐĞĂƐǁĞůůĂƐ ƚŚĂƚĨŽƌĂŶǇƉĞƌƐŽŶƐĞŵƉůŽǇĞĚďǇƚŚĞŽŶƐƵůƚĂŶƚ͘ ϭϵ͘KƚŚĞƌWƌŽǀŝƐŝŽŶƐ͗ ͘ƉƉƌŽǀĂůƵƚŚŽƌŝƚǇ͘ĂĐŚŝŶĚŝǀŝĚƵĂůĞǆĞĐƵƚŝŶŐƚŚŝƐŐƌĞĞŵĞŶƚŽŶďĞŚĂůĨŽĨƚŚĞŝƚǇ ĂŶĚŽŶƐƵůƚĂŶƚƌĞƉƌĞƐĞŶƚƐĂŶĚǁĂƌƌĂŶƚƐƚŚĂƚƐƵĐŚŝŶĚŝǀŝĚƵĂůƐĂƌĞĚƵůǇĂƵƚŚŽƌŝǌĞĚƚŽ ĞǆĞĐƵƚĞĂŶĚĚĞůŝǀĞƌƚŚŝƐŐƌĞĞŵĞŶƚŽŶďĞŚĂůĨŽĨƚŚĞŝƚǇŽƌŽŶƐƵůƚĂŶƚ͘ ͘'ĞŶĞƌĂůĚŵŝŶŝƐƚƌĂƚŝŽŶĂŶĚDĂŶĂŐĞŵĞŶƚ͘dŚĞŝƚǇ͛ƐƉƌŽũĞĐƚŵĂŶĂŐĞƌŝƐŶŽƵƐŚĞŚ EĂǁĂǌ͘ /Ŷ ƉƌŽǀŝĚŝŶŐ tŽƌŬ͕ ŽŶƐƵůƚĂŶƚ ƐŚĂůů ĐŽŽƌĚŝŶĂƚĞ ǁŝƚŚ ƚŚĞŝƚǇ͛Ɛ ĐŽŶƚƌĂĐƚ ŵĂŶĂŐĞƌŽƌŚŝƐͬŚĞƌĚĞƐŝŐŶĞĞ͘ ͘ŵĞŶĚŵĞŶƚ ĂŶĚ DŽĚŝĨŝĐĂƚŝŽŶ͘ dŚŝƐ ŐƌĞĞŵĞŶƚ ŵĂǇ ďĞ ĂŵĞŶĚĞĚ ŽŶůǇďǇ ĂŶ ŝŶƐƚƌƵŵĞŶƚŝŶǁƌŝƚŝŶŐ͕ĚƵůǇĞǆĞĐƵƚĞĚďǇďŽƚŚWĂƌƚŝĞƐ͘ ͘ŽŶĨůŝĐƚƐ͘/ŶƚŚĞĞǀĞŶƚŽĨĂŶǇŝŶĐŽŶƐŝƐƚĞŶĐŝĞƐďĞƚǁĞĞŶŽŶƐƵůƚĂŶƚƉƌŽƉŽƐĂůƐĂŶĚƚŚŝƐ ŐƌĞĞŵĞŶƚ͕ƚŚĞƚĞƌŵƐŽĨƚŚŝƐŐƌĞĞŵĞŶƚƐŚĂůůƉƌĞǀĂŝů͘ŶǇĞǆŚŝďŝƚƐͬĂƚƚĂĐŚŵĞŶƚƐƚŽ ƚŚŝƐŐƌĞĞŵĞŶƚĂƌĞŝŶĐŽƌƉŽƌĂƚĞĚďǇƌĞĨĞƌĞŶĐĞŽŶůǇƚŽƚŚĞĞǆƚĞŶƚŽĨƚŚĞƉƵƌƉŽƐĞĨŽƌ ǁŚŝĐŚ ƚŚĞǇ ĂƌĞ ƌĞĨĞƌĞŶĐĞĚ ǁŝƚŚŝŶ ƚŚŝƐ ŐƌĞĞŵĞŶƚ͘ dŽ ƚŚĞ ĞǆƚĞŶƚĂ ŽŶƐƵůƚĂŶƚ ƉƌĞƉĂƌĞĚĞǆŚŝďŝƚĐŽŶĨůŝĐƚƐǁŝƚŚƚŚĞƚĞƌŵƐŝŶƚŚĞďŽĚǇŽĨƚŚŝƐŐƌĞĞŵĞŶƚŽƌĐŽŶƚĂŝŶƐ ƚĞƌŵƐƚŚĂƚĂƌĞĞǆƚƌĂŶĞŽƵƐƚŽƚŚĞƉƵƌƉŽƐĞĨŽƌǁŚŝĐŚŝƚŝƐƌĞĨĞƌĞŶĐĞĚ͕ƚŚĞƚĞƌŵƐŝŶƚŚĞ ďŽĚǇ ŽĨ ƚŚŝƐ ŐƌĞĞŵĞŶƚ ƐŚĂůů ƉƌĞǀĂŝů ĂŶĚ ƚŚĞ ĞǆƚƌĂŶĞŽƵƐ ƚĞƌŵƐ ƐŚĂůůŶŽƚďĞ ŝŶĐŽƌƉŽƌĂƚĞĚŚĞƌĞŝŶ͘ ͘'ŽǀĞƌŶŝŶŐ >Ăǁ͘dŚŝƐ ŐƌĞĞŵĞŶƚ ƐŚĂůůďĞ ŵĂĚĞ ŝŶ ĂŶĚ ƐŚĂůů ďĞ ŐŽǀĞƌŶĞĚ ďǇ ĂŶĚ ŝŶƚĞƌƉƌĞƚĞĚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚƚŚĞůĂǁƐŽĨƚŚĞ^ƚĂƚĞŽĨtĂƐŚŝŶŐƚŽŶĂŶĚƚŚĞŝƚǇŽĨ ZĞŶƚŽŶ͘ŽŶƐƵůƚĂŶƚĂŶĚĂůůŽĨƚŚĞŽŶƐƵůƚĂŶƚ͛ƐĞŵƉůŽǇĞĞƐƐŚĂůůƉĞƌĨŽƌŵƚŚĞtŽƌŬŝŶ ĂĐĐŽƌĚĂŶĐĞ ǁŝƚŚ Ăůů ĂƉƉůŝĐĂďůĞ ĨĞĚĞƌĂů͕ ƐƚĂƚĞ͕ ĐŽƵŶƚǇ ĂŶĚ ĐŝƚǇůĂǁƐ͕ ĐŽĚĞƐ ĂŶĚ ŽƌĚŝŶĂŶĐĞƐ͘ &͘:ŽŝŶƚƌĂĨƚŝŶŐĨĨŽƌƚ͘dŚŝƐŐƌĞĞŵĞŶƚƐŚĂůůďĞĐŽŶƐŝĚĞƌĞĚĨŽƌĂůůƉƵƌƉŽƐĞƐĂƐƉƌĞƉĂƌĞĚ ďǇƚŚĞũŽŝŶƚĞĨĨŽƌƚƐŽĨƚŚĞWĂƌƚŝĞƐĂŶĚƐŚĂůůŶŽƚďĞĐŽŶƐƚƌƵĞĚĂŐĂŝŶƐƚŽŶĞƉĂƌƚǇŽƌƚŚĞ ŽƚŚĞƌ ĂƐ Ă ƌĞƐƵůƚ ŽĨ ƚŚĞ ƉƌĞƉĂƌĂƚŝŽŶ͕ ƐƵďƐƚŝƚƵƚŝŽŶ͕ ƐƵďŵŝƐƐŝŽŶŽƌŽƚŚĞƌĞǀĞŶƚŽĨ ŶĞŐŽƚŝĂƚŝŽŶ͕ĚƌĂĨƚŝŶŐŽƌĞǆĞĐƵƚŝŽŶ͘ W'ϵK&ϭϬ '͘:ƵƌŝƐĚŝĐƚŝŽŶĂŶĚsĞŶƵĞ͘ŶǇůĂǁƐƵŝƚŽƌůĞŐĂůĂĐƚŝŽŶďƌŽƵŐŚƚďǇĂŶǇƉĂƌƚǇƚŽĞŶĨŽƌĐĞŽƌ ŝŶƚĞƌƉƌĞƚƚŚŝƐŐƌĞĞŵĞŶƚŽƌĂŶǇŽĨŝƚƐƚĞƌŵƐŽƌĐŽǀĞŶĂŶƚƐƐŚĂůůďĞďƌŽƵŐŚƚŝŶƚŚĞ<ŝŶŐ ŽƵŶƚǇ^ƵƉĞƌŝŽƌŽƵƌƚĨŽƌƚŚĞ^ƚĂƚĞŽĨtĂƐŚŝŶŐƚŽŶĂƚƚŚĞDĂůĞŶŐZĞŐŝŽŶĂů:ƵƐƚŝĐĞ ĞŶƚĞƌŝŶ<ĞŶƚ͕<ŝŶŐŽƵŶƚǇ͕tĂƐŚŝŶŐƚŽŶ͕ŽƌŝƚƐƌĞƉůĂĐĞŵĞŶƚŽƌƐƵĐĐĞƐƐŽƌ͘ŽŶƐƵůƚĂŶƚ ŚĞƌĞďǇĞǆƉƌĞƐƐůǇĐŽŶƐĞŶƚƐƚŽƚŚĞƉĞƌƐŽŶĂůĂŶĚĞǆĐůƵƐŝǀĞũƵƌŝƐĚŝĐƚŝŽŶĂŶĚǀĞŶƵĞŽĨ 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>͘ŝŶĚŝŶŐĨĨĞĐƚ͘dŚĞWĂƌƚŝĞƐĞĂĐŚďŝŶĚƚŚĞŵƐĞůǀĞƐ͕ƚŚĞŝƌƉĂƌƚŶĞƌƐ͕ƐƵĐĐĞƐƐŽƌƐ͕ĂƐƐŝŐŶƐ͕ ĂŶĚůĞŐĂůƌĞƉƌĞƐĞŶƚĂƚŝǀĞƐƚŽƚŚĞŽƚŚĞƌƉĂƌƚǇƚŽƚŚŝƐŐƌĞĞŵĞŶƚ͕ĂŶĚƚŽƚŚĞƉĂƌƚŶĞƌƐ͕ ƐƵĐĐĞƐƐŽƌƐ͕ĂƐƐŝŐŶƐ͕ĂŶĚůĞŐĂůƌĞƉƌĞƐĞŶƚĂƚŝǀĞƐŽĨƐƵĐŚŽƚŚĞƌƉĂƌƚǇǁŝƚŚƌĞƐƉĞĐƚƚŽĂůů ĐŽǀĞŶĂŶƚƐŽĨƚŚĞŐƌĞĞŵĞŶƚ͘ D͘tĂŝǀĞƌƐ͘ůůǁĂŝǀĞƌƐƐŚĂůůďĞŝŶǁƌŝƚŝŶŐĂŶĚƐŝŐŶĞĚďǇƚŚĞǁĂŝǀŝŶŐƉĂƌƚǇ͘ŝƚŚĞƌƉĂƌƚǇ͛Ɛ ĨĂŝůƵƌĞƚŽĞŶĨŽƌĐĞĂŶǇƉƌŽǀŝƐŝŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚƐŚĂůůŶŽƚďĞĂǁĂŝǀĞƌĂŶĚƐŚĂůůŶŽƚ ƉƌĞǀĞŶƚĞŝƚŚĞƌƚŚĞŝƚǇŽƌŽŶƐƵůƚĂŶƚĨƌŽŵĞŶĨŽƌĐŝŶŐƚŚĂƚƉƌŽǀŝƐŝŽŶŽƌĂŶǇŽƚŚĞƌ ƉƌŽǀŝƐŝŽŶŽĨƚŚŝƐŐƌĞĞŵĞŶƚŝŶƚŚĞĨƵƚƵƌĞ͘tĂŝǀĞƌŽĨďƌĞĂĐŚŽĨĂŶǇƉƌŽǀŝƐŝŽŶŽĨƚŚŝƐ ŐƌĞĞŵĞŶƚƐŚĂůůŶŽƚďĞĚĞĞŵĞĚƚŽďĞĂǁĂŝǀĞƌŽĨĂŶǇƉƌŝŽƌŽƌƐƵďƐĞƋƵĞŶƚďƌĞĂĐŚ ƵŶůĞƐƐŝƚŝƐĞǆƉƌĞƐƐůǇǁĂŝǀĞĚŝŶǁƌŝƚŝŶŐ͘ E͘ŽƵŶƚĞƌƉĂƌƚƐ͘ dŚĞ WĂƌƚŝĞƐ ŵĂǇ ĞǆĞĐƵƚĞ ƚŚŝƐ ŐƌĞĞŵĞŶƚ ŝŶ ĂŶǇ ŶƵŵďĞƌ ŽĨ ĐŽƵŶƚĞƌƉĂƌƚƐ͕ĞĂĐŚŽĨǁŚŝĐŚƐŚĂůůĐŽŶƐƚŝƚƵƚĞĂŶŽƌŝŐŝŶĂů͕ĂŶĚĂůůŽĨǁŚŝĐŚǁŝůůƚŽŐĞƚŚĞƌ ĐŽŶƐƚŝƚƵƚĞƚŚŝƐŽŶĞŐƌĞĞŵĞŶƚ͘ W'ϭϬK&ϭϬ /Et/dE^^t,ZK&͕ƚŚĞWĂƌƚŝĞƐŚĂǀĞǀŽůƵŶƚĂƌŝůǇĞŶƚĞƌĞĚŝŶƚŽƚŚŝƐŐƌĞĞŵĞŶƚĂƐŽĨƚŚĞĚĂƚĞ ůĂƐƚƐŝŐŶĞĚďǇƚŚĞWĂƌƚŝĞƐďĞůŽǁ͘ /dzK&ZEdKE Ǉ͗ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ KE^h>dEd Ǉ͗ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ƌŵŽŶĚŽWĂǀŽŶĞ DĂǇŽƌ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ĂƚĞ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ĂƚĞ ƚƚĞƐƚ ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ :ĂƐŽŶ͘^ĞƚŚ ŝƚǇůĞƌŬ ƉƉƌŽǀĞĚĂƐƚŽ>ĞŐĂů&Žƌŵ Ǉ͗ͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺͺ ^ŚĂŶĞDŽůŽŶĞǇ ŝƚǇƚƚŽƌŶĞǇ ŽŶƚƌĂĐƚdĞŵƉůĂƚĞhƉĚĂƚĞĚϱͬϮϭͬϮϬϮϭ 3/26/2026 Approved by Cheryl Beyer via email 2/18/2026 FFebruary 2026 City of Renton - KLSSIP CM & Inspe SCOPE OF WORK City of Renton – Kennydale Lakeline Sewer System Improvement Project Construction Management & Inspection Project Background The City of Renton is preparing to deliver the locally funded Kennydale Lakeline Sewer System Improvement Project. This three hundred sixty (360) working day project will discontinue the use of the existing in-lake low pressure sanitary main, and switch fifty-five private residences, and the park over to new small diameter force mains that will be fed by individual grinder pump stations located on each parcel. Project Summary Consultant will perform construction management, inspection, and administrative duties for the project. Project Assumptions Our services are expected to commence in March of 2026. After award, and issuance of an NTP date, it is our expectation that the project will begin immediately with a brief period allowed for submittals for long lead items such as the generator or grinder pumps. This project is receiving federal grant funding; therefore, as part of the project scope, all deliverables, documentation, and tracking shall comply with applicable federal requirements. Scope of Services Consultant proposes to perform the following services in relation to delivery of the Kennydale Lakeline Sewer System Improvement Project designed by Carollo. Task 1 – Project Management Objective Provide overall leadership and team strategic guidance aligned with the City staff objectives. Coordinate, monitor, and control the project resources to meet the technical, communication, and contractual obligations required for developing and implementing the project scope. Subtask 1.1 – Project Coordination x Perform general administration and project management throughout construction phase. x Proactively track progress of project work completed against schedule and budget. x Inform City of anticipated challenges during the construction phase and develop solutions during regular bi-weekly internal team check-ins. Subtask 1.2 – Invoices / Status Reporting x Prepare monthly invoices, including expenditures by task, hours worked by project personnel, and other direct expenses with the associated backup documentation. EXHIBIT A FFebruary 2026 City of Renton - KLSSIP CM & Inspection x Monthly status reports to accompany each invoice and include comparisons of monthly expenditures and cumulative charges to budget by Task, including cost-to-complete, earned value, cash flow, and certified firm participation. Subtask 1.2 – Assumptions Overall project duration will be 24 months; therefore, it is assumed that there will be up to 24 progress invoices / status reports. Subtask 1.2 – Deliverables Consultant shall deliver to the City a monthly invoice and status report covering: x RACI Matrix for project tasks & deliverables x Work on the project performed during the previous month x Issues encountered, and actions taken for their resolution x Potential impacts to submittal dates, budget shortfalls, or optional services x Budget analysis x Construction schedule updates x Issues requiring project team action Task 2 – Pre-Construction Services Objective Use 90% contract documents to identify and provide responses to areas of risk and ambiguity in addition to public outreach efforts and bid support. Subtask 2.1 – Constructability Review x Review 90% and final design documents for clarity, completeness, coordination, and constructability to identify issues Task 2.1 Assumptions Consor and City to conduct joint pre-construction site visit prior to constructability review. 90% plans and specifications will be provided by the City in February of 2026. Assume two (2) consultant staff combine for 56 hours each for review of plans and specifications Assume eighty (80) additional hours will be necessary for other pre-construction tasks such as bidder responsibility or permitting assistance. Although the Envision submittal work will be done during the pre-construction phase, that work will be captured by separate tasks. Task 2.1 Deliverables Plan set with markups, in addition to a list of comments that identify risk per comment in low, medium, and high categories. Review comments directly on project binder or specifications Provide HDD feasibility and cost analysis FFebruary 2026 City of Renton - KLSSIP CM & Inspection Provide cost analysis on apparent low bidder for bid items that are over or under ran by at least 25% from the Engineer’s Estimate Task 3 – Construction Administration Objective Oversee construction phase activities as first point of contact for construction contractors and all other relevant project stakeholders. Coordinate with City staff and design team. Generate all Bluebeam sessions for City staff and maintain all construction tracking tools. Lead all project meetings and monitor project budget and schedule, quantities and quality of materials, and verify conformance with contract documents. Subtask 3.1 – Pre Construction Meeting Objective Host and lead preconstruction meetings between Owner, Contractor, Consor and other stakeholders as necessary. Task 3.1 Assumptions Preconstruction meeting to be held “in-person” at City owned facility or job site with a hybrid option available for franchise utility’s and other stakeholders. These meetings will be streamed in order to make it easier for people to sit in on. Consor PM, Construction manager and CAS to attend preconstruction meeting in person City to review Consor pre-construction meeting agenda and provide input as necessary Task 3.1 Deliverables Draft meeting agenda and sign-in sheet Final meeting minutes subtask 3.2 – Weekly Progress Meetings Objective Attend and lead project weekly onsite construction, and coordination meetings with up to two (2) consultant team members in attendance. Prepare meeting agenda, invites, run meeting, and issue meeting summary. Task 3.2 Assumptions Weekly meetings to be held on project site, city hall, virtually at City’s discretion Weekly meetings to be attended by up to two (2) consultant staff. Task 3.2 Deliverables Weekly meeting minutes and action items Subtask 3.3 – Construction Administration Objective FFebruary 2026 City of Renton - KLSSIP CM & Inspection Provide construction management and administration services to monitor that the project is completed according to the Contract Documents. Perform the following tasks: Coordinate and communicate with City and Construction Contractor on an “as needed“ basis to discuss project issues and status. Issue change orders, including independent cost justifications, and maintain a change order log. Review, price, and negotiate force account work Issue fieldwork directives and non-conformance reports. Issue weekly statement of workdays (WSWDs) summarizing the work performed by the contractor and any unworkable days. Assess contractor-submitted baseline schedule, schedule updates, and 3-week look ahead schedules for feasibility and conformance with the Contract. Monitor the overall project construction budget. Maintain material quantity and quality documentation, including setting up and maintenance of the Record of Materials (ROM). Create Bluebeam Studio review sessions for concurrent review of project asbuilt drawings with contractor. Task 3.3 Assumptions Assume seventy-two (72) WSWD’s Assume eighteen (18) monthly pay estimates Assume ten (10) change orders to be executed Task 3.3 Deliverables Weekly statement of working days Quantities, documentation and finalized pay estimates Executed change orders and change log ROM for the project Subtask 3.4 – Submittal Reviews Objective Review and provide comments on contract required submittals for materials, plans, and other required items. Task 3.4 Assumptions Assume one hundred (100) submittals to review with an average review period of 1.5 hours per review. Of which, assume fifty-six (56) site specific submittals for each residence and park. Assume 15 resubmittals will be necessary. Assume submittal status and updates to an agenda item at weekly progress meetings as necessary Task 3.4 Deliverables Submittal review comment sheet and markups with log FFebruary 2026 City of Renton - KLSSIP CM & Inspection Subtask 3.5 – RFI Review and Response Objective Review, coordinate, and provide responses to submitted RFI’s. This includes leading all coordination efforts between internal city departments and/or applicable external agencies to resolve RFI’s. Task 3.4 Assumptions Assume fifty (50) RFI’s with an average review time of 2 hours per each review Assume RFI status and updates to be an agenda item at weekly progress meetings as necessary Task 3.4 Deliverables RFI responses and RFI log Subtask 3.6 – Monthly Progress Estimates Objective Track quantities of materials installed monthly based on inspector(s) daily reports, pay note documents and draft progress estimates based on the city’s pay estimate template. Review estimates with the city and construction contractor prior to finalizing and submitting to the City for payment. Task 3.4 Assumptions Assume eighteen (18) estimates are necessary Task 3.4 Deliverables Monthly quantity tracking spreadsheet Monthly progress estimates with recommendation to pay Subtask 3.7 – Labor Compliance Objective Lead all labor compliance monitoring including the following tasks: Track and file all statements of intent to pay prevailing wages (intent) and affidavits of wages paid. Review & approve Request to Sublets (RTS) Collect & review all certified payroll and work with contractor and subcontractors to resolve deficiencies Coordinate wage rate interviews with construction inspector and contractors Review & track apprenticeship utilization Task 3.7 Deliverables Requests to Sublet filed Intents & affidavits filed Certified payrolls filed Wage rate interviews filed FFebruary 2026 City of Renton - KLSSIP CM & Inspection Apprenticeship hour log in Excel file format Subtask 3.8 – Project Closeout Objective Lead closeout phase to document completion of the project and adherence to the project specifications. Consultant will coordinate with contractor to develop as-builts and redline as-built markups. Consultant will provide complete project files to the City and perform the following tasks to assist the City with project closeout: Task 3.8 Deliverables Draft Punch list and coordinate final walkthrough Define deficiency list if necessary Redline as-built mark-ups Project closeout documents (project documentation files including electronic documents and pictures on a thumb drive; hard copies if requested Task 4 – Construction Inspection Objective Provide daily on-site construction inspection services as needed to supplement the City’s inspection staff to ensure that project is built in compliance with the plans and specifications. Subtask 4.1 – Daily Inspection Task 4.1 Assumptions Project will require five (5) hours of Consor provided supplementary inspection per week, totaling 440 hours. Task 4.1 Deliverables Pre-construction & post-construction photos Inspector Daily Reports (IDR’s) Daily project progress photos Tracking of force account work Monthly quantity and force account work tracking for progress estimates Punch list and issues log Task 5 – Envision Sustainable Infrastructure Framework Objective Assist the City in setting, implementing, documenting, and tracking Envision related sustainability goals to achieve desired certification. FFebruary 2026 City of Renton - KLSSIP CM & Inspection Subtask 5.1 – Envision Assistance Task 5.1 Assumptions Assume up to four (4) hours to prep, host, and provide notes on aligning project’s goals with ISI to pursue accreditation by one (1) consultant team member Attendance by one (1) consultant team member to check in on bi-monthly basis for a 2-hour progress meeting to assist in maintaining goals and progress One consultant team member to provide up to twenty (20) hours of submission package review for certification award. Task 5.1 Deliverables Presentation and meeting guide Meeting minutes Review comments and suggestions on award application package Task 6 – Third Party Testing Objective Provide third party special inspection to ensure compliance with the project specifications. Coordinate and oversee third party testing. Subtask 6.1 HWA Testing Task 7.1 Assumptions Assume testing needed for compaction, grout / concrete, and asphalt Task 7.1 Deliverables Field testing reports Lab performance reports Proposed Project Fee Estimate Consultant proposes to perform this work on a time and expenses basis with a total not to exceed the amount of $1,240,033.33. The proposed fee estimate is provided as “Exhibit B.” Fee estimates are based upon Consultant’s approved 2026 rates with 5% escalation, per year, starting in 2026. 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