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March T6, 1988 <br />SECTION 4.0 <br />PROSECT COSTS <br />Hoberts Oil Company <br />Page 15 <br />The costs for the project tasks <br />described above in <br />Section 2.0 are <br />presented <br />below. Exceltech is prepared <br />to provide services <br />on a time and <br />materials <br />basis. The cost for Phase One described below are actual costs. <br />The costs <br />for Phases Two and Three are <br />estimated costs only. <br />A firm fixed fee may be <br />provided for these services, at <br />your request, ONLY <br />after completion <br />of Phase <br />One. <br />ESTIMATED COSTS TO -BE -BILLED ON A TIME AND MATERIAL BA <br />TASK # DESCRIPTION COST <br />PHASE 1 <br />Task 1 Ground Water Quality Sampling <br />Task 2 Laboratory Analyses <br />Task 3 Analytical Report and Recommendations <br />PHASE 2 <br />Task 4 Exploratory Drilling/Logging <br />Task 5 Monitoring Well Installation (up to 3) <br />Task 6 Well Development <br />Task 7 Ground Water Quality Sampling <br />Task 8 Laboratory Analyses <br />