Loading...
HomeMy WebLinkAbout4643 Contract Number: Vendor: Subject: Department: File Class: Begin Date: End Date: Review Date: Vault Date: Comments: 4643 ECONORTHWEST Consultant - Economic Impact - Boardwalk Project Engineering LEG 12-1 08/07/2007 10/31/2007 02/15/2009 01/01/2009 PROFESSIONAL SERVICES AGREEMENT [Insert project/contract name and ID number.] The City of Bremerton ("City") and Economic Consultants, Oregon, Ltd., dba ECONorthwest ("Consultant"), referred to collectively as the "Parties," enter into the following Agreement for professional services: I. Scope: The Consultant agrees to perform the services more specifically described in the Scope of Work, dated August 2, 2007, including any attachments thereto, attached hereto as Exhibit A, which is incorporated by reference herein. The Scope of Work may be modified only pursuant to Section VII.G. of this Agreement. If the Scope of Work provides for unspecified additional services such services shall only be performed upon the express written request of the City. Consultant further represents that the services furnished under this Agreement will be performed in accordance with generally accepted professional practices in effect at the time such services are performed. II. Term: The City and the Consultant agree that work will begin on the tasks described in Exhibit A immediately upon execution of this Agreement. The parties agree that the work described in Exhibit A is to be completed as provided for in the work schedule outlined in the scope of work; provided however, that additional time shall be granted by the City for excusable delays or extra work as provided for in section IX (A) of this agreement. III. Compensation: In consideration of the services provided pursuant to this Agreement, the City shall pay Consultant in an amount not to exceed $17,500.00. Consultant's charges and bills shall conform to the fee schedule attached hereto as Exhibit B and incorporated herein by this reference. The Consultant shall submit regular billing statements detailing work performed and amount charged on each task or portion thereof. The descriptions shall conform to and fall within the categories set out in the Scope of Work and/or Fee Schedule. Upon receipt of a conforming billing statement, the City shall promptly process payment. PROVIDED, HOWEVER, the City reserves the right to prioritize scoped work and accelerate and/or delay work tasks under the time frame set forth in Section II herein. The Consultant's labor rates and billing fees shall be as delineated in Exhibit B. Consultant shall not perform work beyond the Scope of Work, nor shall be compensated for such work, unless the Scope of Work or amount of compensation is modified pursuant to this Agreement. Consultant shall only be compensated for additional services if requested pursuant to Section I and, if not otherwise provided, such compensation shall be in accordance with Exhibit B. If a billing statement does not conform to this Agreement, the City may withhold payment until the statement is brought into compliance. Such withholding does not relieve Consultant of its obligations under this Agreement. Bremerton/ECONorthwest Boardwalk Economic Impact Page 1 of 12 IV. Relationship of Parties: Consultant represents that it is skilled in the matters addressed in the Scope of Work and is performing independent functions and responsibilities within its field of expertise. Consultant and its personnel are independent Consultants and not employees of the City. Consultant and its personnel have no authority to bind the City or to control the City's employees and other Consultants. None of the benefits provided by the City to its employees, including, but not limited to, compensation, insurance, and unemployment insurance are available from the City to the employees, agents, representatives, or sub-Consultants of the Consultant. Consultant will be solely and entirely responsible for its acts and for the acts of Consultant's agents, employees, representatives and sub-Consultants during the performance of this Agreement. The City may, during the term of this Agreement, engage other independent Consultants to perform the same or similar work. As an independent Consultant, Consultant is responsible for its own management. The City's administration and enforcement of this Agreement shall not be deemed an exercise of managerial control over Consultant or its personnel. As an independent Consultant, Consultant is responsible for payment of all taxes and licensing fees necessary to perform its obligations under this Agreement. These taxes and fees include but are not limited to State industrial insurance, Business & Occupation, State professional licensing, and City business licensing. If any taxes or fees due the City have been declared delinquent, the City may withhold the delinquent amount, plus any additional charges arising from the delinquency, from any payments due Consultant. V. Indemnification: Consultant shall defend, indemnify and hold the City, its officers, officials, employees, agents and volunteers harmless from any and all claims, injuries, damages, losses or suits, including all legal costs and attorney fees, arising out of or in connection with the performance of this Agreement, except for that portion of the injuries and damages caused by the City's sole negligence. The City's review or acceptance of any of the work when completed shall not be grounds to avoid any of these covenants of indemnification. Should a court of competent jurisdiction determine that this Agreement is subject to RCW 4.24.115, then, in the event ofliability for damages arising out of bodily injury to persons or damages to property caused by or resulting from the concurrent negligence of the Consultant and the City, its officers, officials, employees, agents and volunteers, the Consultant's liability .hereunder shall be only to the extent ofthe Consultant's negligence. IT IS FURTHER SPECIFICALLY AND EXPRESSLY UNDERSTOOD THAT THE INDEMNIFICATION PROVIDED HEREIN CONSTITUTES THE CONSULTANT'S WAIVER OF IMMUNITY UNDER INDUSTRIAL INSURANCE, TITLE 51 RCW, SOLELY FOR THE PURPOSES OF THIS INDEMNIFICATION. THE PARTIES FURTHER ACKNOWLEDGE THAT THEY HAVE MUTUALLY NEGOTIATED THIS WAIVER. The provisions of this section shall survive the expiration'or termination of this Agreement. Bremerton/ECONorthwest Boardwalk Economic Impact Page 2 of 12 VI. Insurance: The Consultant shall procure and maintain for the duration of the Agreement, insurance against claims for injuries to persons or damage to property which may arise from or in connection with the performance of the work hereunder by the Consultant, its agents, representatives, employees, sub-consultants or sub-Consultants. Before beginning work on the project described in this Agreement, the Consultant shall provide a Certificate of Insurance evidencing: 1. Automobile Liabilitv insurance with limits no less than $1,000,000 combined single limit per accident for bodily injury and property damage; and 2. Commercial General Liabilitv insurance written on an occurrence basis with limits no less than $1,000,000 combined single limit per occurrence and general aggregate for personal injury, bodily injury and property damage. Coverage shall include but not be limited to: blanket contractual; products/completed operations/broad form property damage; explosion, collapse and underground (XCD) if applicable; and employer's liability; and 3. Excess Liabilitv insurance with limits not less than 1,000,000 limit per occurrence and aggregate. 4. Professional Liability insurance with limits no less than $1,000,000 limit per occurrence/claim. Any payment of deductible or self insured retention shall be the sole responsibility of the Consultant. All required policies shall be provided on an "occurrence" basis except professional liability insurance (if required), which may be provided on a "claims-made" basis. The City shall be named as an additional insured on the Commercial General Liability insurance policy, as respects work performed by or on behalf of the Consultant and a copy of an endorsement that is acceptable to the City, which names the City as an additional insured shall be attached to the Certificate of Insurance. The City reserves the right to receive a certified copy of all the required insurance policies and endorsements. The City further reserves the right to reject any unacceptable policies and/or endorsements. The Consultant's Commercial General Liability insurance shall contain a clause stating that coverage shall apply separately to each insured against whom claim is made or suit is brought, except with respects to the limits of the insurer's liability. The Consultant's insurance shall be primary insurance as. respects the City and the City shall be given thirty (30) days prior written notice by certified mail, return receipt requested, of any cancellation, suspension or material change in coverage. The City also reserves its unqualified right to require at any time and for any reason, proof of coverage in the form of a duplicate of the insurance policy with all endorsements as evidence of coverage. BremertonlECONorthwest Boardwalk Economic Impact Page 3 of 12 VII. General Conditions: A. Reports and Information: When requested by the City, Consultant shall furnish periodic reports and documents on matters covered by this Agreement. The reports and documents shall be furnished in the time and form requested. Consultant shall maintain accounting records in accordance with Generally Accepted Accounting Principles (GAAP) to substantiate all billed amounts. B. Ownership and Use of Records and Documents: Original documents, drawings, designs and reports, including those in electronic format, developed under this Agreement are the property of the City. . All written information submitted by the City to the Consultant in connection with the services performed by the Consultant under this Agreement will be . safeguarded by the Consultant to at least the same extent as the Consultant safeguards like information relating to its own business. If such information is publicly available or is already in Consultant's possession or known to it, or is rightfully obtained by the Consultant from third parties, Consultant shall bear no responsibility for its disclosure, inadvertent or otherwise. All data, documents and files created by Consultant under this Agreement may be stored at Consultant's office in Portland, Oregon. Consultant shall make such data, documents, and files available to the City upon its request at all reasonable times for the purpose of editing, modifying and updating as necessary until such time as the City is capable of storing such information in the City's offices. Duplicate copies of this information shall be provided to the City upon its request, and at reasonable cost. All documents, including all reports, drawings, specifications, computer software or other items prepared or furnished by Consultant pursuant to this Agreement, are instruments of service with respect to the project and are the property of the City. Any reuse by the City for other than the specific purpose intended will be at City's sole risk. C. Work Performed at Consultant's Risk: Consultant shall take all precautions necessary and shall be responsible for the safety of its employees, agents, and sub-consultants in the performance of the work hereunder and shall utilize all protection necessary for that purpose. All work shall be done at Consultant's own risk, and Consultant shall be responsible for any loss of or damage to materials, tools, or other articles used or held for use in connection with the work. D. Place of Work: The Consultant shall perform the work authorized under this Agreement at its offices in Portland, Oregon. Meetings with the City staff as described in Exhibit A, Scope of Work, shall take place at the City's offices, or at locations mutually agreed upon by the parties. E. Entire Agreement: This Agreement and its Exhibits constitutes the entire agreement between the Parties, and the Parties acknowledge that there are no other agreements, written or oral, that have not been set forth in the text of this Agreement. BremertonlECONorthwest Boardwalk Economic Impact Page 4 of 12 F. Severability: Should any part of this Agreement be found void, the balance of the Agreement shall remain in full force and effect. G. Modification: This Agreement may only be modified by written instrument signed by both Parties. H. Written Notices: All communications regarding this Agreement shall be sent to the parties at the addresses listed below by registered or 1 st class mail, or by personal service, and shall be deemed sufficiently given if sent to the addressee at the address stated in this Agreement or such other address as may be hereafter specified in writing. City Address C/~ 0 f 8 yf' frt eyfo " c..~'1S S/itfl, Sf, ole. '00 BY~erfon /1JAJra37 Consultant Address ECONorthwest 888 SW Fifth Avenue, Suite 1460 Portland, OR 97204 1. Waiver: Failure to enforce any provision of this Agreement shall not be deemed a waiver of that provision. Waiver of any right or power arising out of this Agreement shall not be deemed waiver of any other right or power. 1. Non-Waiver of Breach: The failure of the City to insist upon strict performance of any of the covenants and agreements contained herein, or to exercise any option herein conferred in one or more instances shall not be construed to be a waiver or relinquishment of said covenants, agreements or options, and the same shall be and remain in full force and effect. K. Compliance with Laws: Consultant shall comply with all applicable Federal, State, and local laws in performing its obligations under this Agreement. L. Choice of Law and Venue: This Agreement shall be interpreted according to the laws of the State of Washington. Any judicial action to resolve disputes arising out of this Agreement shall be brought in Kitsap County Superior Court. M. Attorneys' Fees: In the event of litigation to enforce any of the terms or provisions herein, each party shall pay all its own costs and attorney's fees. N. Assignment: Any assignment of this agreement by the Contractor without the written. consent of the City shall be void. VIII. Nondiscrimination: Consultant shall not discriminate in employment or services to the public on the basis of race, color, national origin, sex, religion, age, marital statl.~s, disability, or sexual orientation except for employment actions based on bona fide occupational qualification. IX. Termination: This Agreement shall remain in force until completion and acceptance of the services, terminated by written instrument upon mutual consent, or by the City of Bremerton BremertonlECONorthwest Boardwalk Economic Impact Page 5 of 12 for convenience. This Agreement may be immediately terminated for cause by a Party if the other Party substantially fails to perform through no fault of the terminating Party, and the non- performing Party does not commence correction of the failure of performance within thirty (30) days of the terminating Party's sending notice to the non-performing Party. Any Notice by Consultant shall include a report showing the status of all items listed in the Scope of Work current through the termination date. If the City receives reimbursement by any federal, state, or other source for work described in Section I herein, and that funding is withdrawn, reduced or limited in any way, or the project is cancelled or substantially reduced after the execution date of this Agreement and prior to the completion of the work, the City may summarily terminate this Agreement. A. Excusable Delays: The right of Consultant to proceed shall not be terminated nor shall Consultant be charged with liquidated damages for any delays in the completion of the work due to: 1) any acts of the federal government in controlling, restricting, or requisitioning materials, equipment, tools, or labor by reason of war, national defense, or other national emergency; 2) any acts of the City, its consultants, or other public agencies causing such delay; and 3) causes not reasonably foreseeable by the parties at the time of the execution of the Agreement that are beyond the control and without the fault or negligence of the Consultant, including, but not restricted to, acts of God, fires, floods, strikes, or weather of unusual severity. PROVIDED, HOWEVER, that the Consultant must promptly notify the City within ten (10) calendar days in writing of the cause of the delay. If, on the basis of the facts and the terms of this Agreement, the delay is properly excusable, the City shall, in writing, extend the time for completing the work for a period of time commensurate with the period of excusable delay. B. Rights Upon Termination: In the event of termination, the City shall pay for all services performed by the Consultant to the effective date of termination, as described on a final invoice submitted to the City. After termination, the City may take possession of all records and data within the Consultant's possession pertaining to this project which may be used by the City without restriction. Any such use not related to the project which Consultant was contracted to perform shall be without liability or legal exposure to the Consultant. --' CITY OF BREMERTON d as to (rrm~ ity Attorney Attest: 6.n.'.J~ ~ City Clerk R:\LEGAL\Contracts\FORMS\ProfessionaI Services Agreement Form (2003).doc Bremerton/ECONorthwest Boardwalk Economic Impact Page 6 of 12 ECONorthwest Page 7 ECONOMICS. FINANCE. PLANNING MEMORANDUM TO: Tom Knuckey, City ofBremerton DATE: August 2, 2007 RE: Scope of work and fee schedule related to the analysis of the economic benefits of the proposed Bremerton Boardwalk Project This memo outlines ECONorthwest's scope of work (Exhibit A) and fee schedule (Exhibit B) to estimate the economic benefits associated with the proposed Bremerton Boardwalk Project (the "Boardwalk Project"). It is our understanding that the results from this impact analysis will be used by the City of Bremerton and Parametrix to apply for grant monies from the Puget Sound Regional Council ("PSRC"). As such, this scope of work and deliverables has been tailored to respond specifically to the requirements of that application. OVERVIEW The proposed Boardwalk Project represents a key component of Bremerton's current waterfront revitalization efforts. By connecting two popular recreation areas-the Harborside District in the city center and Evergreen Park to the north-the Boardwalk Project will significantly enhance the recreational opportunities afforded by these facilities and complement the recent economic development efforts in the area. By doing so, the Boardwalk project will benefit Bremerton businesses and families. PROPOSED METHODOLOGY There are many ways to measure the economic benefits associated with a project such as the proposed Boardwalk. These include increases in the number jobs, wages and other income for workers; increases in number of businesses, business volume and sales; changes in property tax and other tax revenues for state and local taxing jurisdictions. ECONorthwest will collect data from public and private sources (where available), conduct a limited number of surveys, and employ the IMP LAN economic modeling software to fully describe the economic benefits associated with the proposed Boardwalk Project. These analyses components are described in more detail below. TASK 1: CHARACTERIZE THE BOARDWALK PROJECT. Ultimately, the goal of this analysis is to estimate the impacts on sales, employment, wages, tax revenues, and other economic development measures. However, it is important to describe the context within which these economic benefits will occur. For example, a construction project that occurs in an area that is experiencing some labor market slack will provide a stronger economic stimulus relative to an identical project that occurs in an area at full employment, where the project may simply lead to imported labor or higher labor costs. ECONorthwest proposes to begin immediate discussions with staff from Parametrix and the City of Bremerton to: Pyhihit A ECONorthwest Page 8 ECONOMICS. FINANCE. PLANNING . Acquire a better idea of the businesses and neighborhoods that will likely benefit from the Boardwalk Project, including quantifying and qualifying historic economic trends and current levels of economic activity; . Develop a full understanding ofthe economic development projects that have been undertaken recently and are expected to occur in the near future; . Develop a complete description ofthe Boardwalk Project with specific information related to project construction costs, operating expenses, potential mitigation of government expenses related to sewer maintenance, and expected visitor flows; and . Identify public data sources or previous analyses that are available to assist in our analysis. TASK 2: EVALUATE CAUSATION. It's important, for the credibility ofthe report, to establish a "causal" link between the Boardwalk Project and economic development in the area. ECONorthwest will conduct a limited number of interviews with local government staff, developers, business owners, planning experts, real estate professionals, and others to get a better understanding of how the Boardwalk Project will complement current economic development and facilitate future economic development in the impact area. These interviews are a potential source of information that cannot be obtained from public sources and will provide additional contextual insight into the qualitative aspects of the Boardwalk Project. Information from these interviews will be used to assess the importance of the Boardwalk Project for current and future economic development. This will enable us to establish a causal link between the Boardwalk Project and economic activity (e.g., sales, jobs created, jobs retained) that likely would not have occurred "but for" the Boardwalk Project. This information will then be used to quantify the economic linkages between the Boardwalk Project, businesses and workers who directly benefit from the project, and other industry sectors in the impact area". (This is discussed in more detail in Task 3, below.) . TASK 3: EV AL UA TE ECONOMIC BENEFITS. The most appropriate analytical framework for estimating the economic benefits of the Boardwalk Project is to classify them into the following categories: . Static economic impacts associated with changes in business activity as a direct result of spending on construction (short-term or temporary impacts), as well as the actual operations of the Boardwalk (long-term or permanent impacts). These impacts are static in the sense that they do not include structural changes that may occur as a result of business cost savings or other price-related factors. Examples of static impacts would be a new manufacturing facility or convention center that hires local workers and pays wages that stimulate additional economic benefits for workers in other sectors. . Dynamic economic impacts that can be attributed to subsequent regional economic growth as a result of the Boardwalk Project. These impacts are dynamic in the sense that they unfold or occur over time, and include feedback mechanisms that show how households and firms respond to changes in prices, wages and costs. To get a better sense of how these dynamic impacts interact and occur over time, suppose that a large energy- Fyhihit A ECONorthwest Page 9, ECONOMICS' FINANCE' PLANNING intensive manufacturing facility relocates to a relatively small economic area. The operation of this manufacturing facility could cause local electricity rates to increase dramatically. Higher energy prices could put local businesses at a competitive disadvantage so that they substitute labor for energy (in which case local wages would rise), or they either relocate or go out of business (in which case local wages would fall, and workers would leave the area). Dynamic impacts are not included in this analysis. Thus, it is likely that the input-output analysis will understate the long-term economic impacts. The primary tool for measuring static economic impacts is input-output analysis. ECONorthwest will rely on a specially constructed, input-output model of the local economy using the IMPLAN (for IMpact Analysis for PLANning) modeling software.l IMPLAN provides area-specific estimates on production, consumption, employment, wages, small business income, rental and other income, and taxes for each of 509 business sectors. The IMPLAN model reports economic impacts on output (sales), personal income (wages and business income), jobs (full- and part-time), and tax revenues for state and local taxing jurisdictions. The process of determining economic impacts begins with defining and then measuring the direct impacts on the local economy from the Boardwalk Project. To do this, we suggest using an "expenditure approach". The expenditure approach will enable us to quantify the direct economic benefits associated construction and operation of Boardwalk Project. Subtask 3.1. Construction Impacts Modeling the construction of the Boardwalk Project is relatively straightforward. ECONorthwest will use construction cost estimates-with adjustments for local and non-local funding sources-to measure the direct, indirect and induced impacts associated with construction spending.' Impact measures will be provided for output (sales), jobs, wages, business income, and state and local tax revenues. Subtask 3.2. Operating Impacts Operating the Boardwalk will require very little additional expenditures by the City. As such, operational expenditures should not be expected to produce a significant amount of economic activity. On the other hand, the Boardwalk is expected to be a regional recreational attraction that will likely bring in a significant number of non-local visitors who might not come to Bremerton "but for" the expanded recreational opportunities created by the Boardwalk. These non-local visitors will spend money locally, and this spending will produce economic benefits for businesses and employees in a wide range of industry sectors. 1 IMPLAN was developed by the Forest Service of the US Department of Agriculture in cooperation with the Federal Emergency Management Agency and the Bureau of Land Management of the US Department of the Interior to assist federal agencies in their land and resource management planning. Applications of IMPLAN by the US Government, public agencies and private firms span a wide range of projects, from broad, resource management strategies to individual projects, such as proposals for developing ski areas, coal mines, and transportation facilities, and harvesting timber or other resources. ECONorthwest has applied the model to a variety of public and private sector projects including, most recently, a major wind power project in Kittitas County, Washington. 2 Input-output analysis employs specific terminology to identify the different types of impacts resulting from an economic stimulus. Spending on the Boardwalk Project will affect the local economy directly, through purchases of construction services, and indirectly, as those purchases, in turn, generate purchases of intermediate goods and services from other, related sectors of the economy. In addition, the direct and indirect increases in jobs and income enhance the purchasing power of households, thereby, inducing further consumption- and investment-driven stimulus in other sectors of the local economy. Fyhihit A ECONorthwest Page 10 ECONOMICS' FINANCE' PLANNING The Boardwalk will also tend to have a centripetal effect on the spending decisions of local households. In economics terms, this is called import substitution, i.e., the expanded menu of recreational activities attributed to the Boardwalk will tend to cause local households to spend more money locally instead of outside the region. This visitor spending represents the most significant economic contribution of the Boardwalk project, i.e., impacts are ongoing that occur as long as the Boardwalk remains in operation; they directly impact businesses and workers in a variety of industry sec!ors; they have multiplier effects for businesses and workers in other industry sectors; and they generate fiscal benefits for local and state governments. Depending on the level of visitation, these impacts may be significant. Input-output analysis employs specific terminology to identify the different types of impacts resulting from an economic stimulus. Spending on the Boardwalk Project will affect the local economy directly, through purchases of construction services, and indirectly, as those purchases, in turn, generate purchases of intermediate goods and services from other, related sectors of the economy. In addition, the direct and indirect increases injobs and income enhance the purchasing power of households, thereby, inducing further consumption- and investment- driven stimulus in other sectors of the local economy. Detailed visitor expenditure data for the' state of Washington is readily available from the Washington Department of Community, Trade & Economic Development.' However, in preliminary discussions between ECONorthwest and Parametrix staff, both parties recognized the difficulty of forecasting the number, origin, and length of stay of Boardwalk visitors. As such ECONorthwest suggests the following approach: . Original market research by ECONorthwest on similar facilities in comparable surroundings (both demographic and economic); . Discussions between ECONorthwest, Parametrix, and City staff to determine if the City collects visitor data, such as for the existing Louis Mentor Boardwalk; and . Flexible model construction to accommodate a range of visitor assumptions, with follow up discussions with Parametrix and City staff to narrow and refine these assumptions. Subtask 3.3. Economic Development Potential The Boardwalk Project potentially represents an important economic driver for surrounding businesses. As part of the interview process (Task 2), ECONorthwest will interview developers and business owners to determine how important they believe the Boardwalk Project is for their business. The focus of these interviews will be on how their decision-making process is or was affected by the Boardwalk Project. For example, if the Boardwalk Project influences businesses to relocate to downtown Bremerton (or keeps existing businesses from relocating elsewhere), then the Boardwalk is causally linked to the jobs those businesses generate (or retain). This may be particularly important for entities that depend on non-local visitors, such as the Kitsap Conference Center located in the Harborside District within short walking distance of the proposed Boardwalk. , Dean Runyan Associates, "Washington State Statewide Travel Impacts & Visitor Volume, 1991 -2005P," prepared for the State of Washington Department of Community, Trade and Economic Development, 2005. Fyhihit A ECOH orthwest Page 11 ECONOMICS. FINANCE. PLANNING This information can then be fed into the input-output model of the local economy to measure additional multiplier effects and understand the economic linkages between the Boardwalk Project, directly affected businesses, and the Bremerton economy as a whole. As discussed in the introduction to this scope of work, the results from this analysis will be used by the City of Bremerton and Parametrix to apply for economic development grant monies to help fund the Boardwalk Project. As such, ECONorthwest will provide relevant measures of economic benefits, to include: 1) An overview of the local economy-with trends (where data is available) and current status-using metrics suitable for grant applications. Will the Boardwalk Project generate jobs in an area that has experienced significant job declines? Are there businesses in the local area that would benefit from the visitor spending the Boardwalk Project is expected to generate? 2) Measures of economic benefits including impacts on sales, jobs, wages, and business income. How many jobs did the construction project support? How many jobs does visitor spending generate? How many businesses andjobs were retained because the Boardwalk Project influenced local businesses to remain? 3) Measures of fiscal impacts on state and local taxing jurisdictions. How will the economic activity associated with the Boardwalk Project affect the tax revenues of local government? Would-the grant be a good investment for the state? 4) The relative economic significance ofthe Boardwalk Project using data and information from 1 and 2 above. How large are the job impacts relative to the total jobs in the area? How high are the wages compared to the average wages in the area? SCHEDULE AND DELIVERABLES The time schedule is very tight; the first of the grant applications is due in September. ECONorthwest will need four weeks following execution of the contract to complete the project. In addition, ECONorthwest will need Parametrix and the City of Bremerton to provide a list of contacts to be interviewed in the first week of the project. ECONorthwest will prepare a project report that communicates the findings in a user- friendly way. The document will be comprehensive and yet easily accessible, so that text and figures could be excerpted and used for the grant application process, to inform government representatives, the media, and the interested public. As such, we anticipate a two-part final report, consisting of an executive summary document supported by a main body. The latter will describe the modeling process and methodology, the data that was collected, limitations in that data, and our detailed results. Where necessary, explanatory text will be included that will allow a reader unfamiliar with economic impact studies and methodologies to understand their meanmg. ECONorthwest will produce a draft report to Parametrix and the City of Bremerton for comment. ECONorthwest will discuss their comments on the draft report, and produce a final report that reflects the outcome of this discussion. Pyhihit A ECONorthwest Page 12 ECONOMICS. FINANCE. PLANNING FEE SCHEDULE ECONorthwest has assembled a project team that has worked together on numerous economic impact studies. Together, they have the expertise to make sure that the project is completed on time and within budget. ECONorthwest proposes completing this project on a time and expenses basis not to exceed $17,500. The hourly rates for personnel who would be working on this project are: · Bob Whelan: $200 per hour · Alec Josephson: $95 per hour · Research Assistants: $50 - $70 per hour · Heather Carver, Administrative: $50 per hour Fyhihit R