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Ir �` ■ KLEINFELDER I' l` • Review of the 50-Year Chain-of-Title will consume less than 3 hours of professional time. If the review takes more time, additional fees will be incurred. Limitations The proposed environmental scope of services requested is limited to evaluating environmental concerns associated with the potential presence of hazardous substances in conjunction with the transfer or financing of the referenced property. This limited environmental evaluation does not ` include sampling and analysis or other services not described. Other environmental or geotechnical investigative services, such as outlined in the following section, can be provided for additional fees. The scope of services described here is not intended to be inclusive, to identify all potential concerns, or to eliminate the possibility of environmental problems. Within current technology, no level of assessment can show conclusively that a property or its structures are completely free of hazardous substances. Therefore, Kleinfelder cannot offer a certification that the property is clear of environmental liability. Kleinfelder will assume no responsibility or liability whatsoever �. for any claim, loss of property value, damage, or injury which results from pre-existing hazardous substances being encountered or present on the project site or from the discovery of such hazardous substances. Kleinfelder offers a range of investigative and engineering services to suit the varying needs of our clients. Although risk can never be eliminated, more-detailed and extensive investigations yield more information, which may help understand and manage the degree of risk. Since such detailed services involve greater expense, our clients participate in determining the level of service which provide adequate information for their purposes at an acceptable level of risk. Acceptance of this proposal will indicate that Pegasus Development has reviewed the scope of service and determined that it does not need or want more services than are being proposed at this time. Any exceptions should be noted and may result in a change in fees. Regulations and professional standards applicable to Kleinfelder's services are continually evolving. Techniques are, by necessity, often new and relatively untried. Different professionals may reasonably adopt different approaches to similar problems. Therefore, no warranty or guarantee, expressed or implied, will be included in Kleinfelder's scope of service. ` During the course of the performance of Kleinfelder's services, hazardous materials may be discovered. Kleinfelder will assume no responsibility or liability whatsoever for any claim, loss of property value, damage, or injury that results from pre-existing hazardous materials being ` encountered or present on the project site or from the discovery of such hazardous materials. Kleinfelder will perform its services in a manner consistent with the standards of care and skill ordinarily exercised by members of the profession practicing under similar conditions in the geographic vicinity and at the time the services will be performed. No warranty or guarantee, expressed or implied, is part of the services offered by this proposal. 02001PROP.GEO/ST02P093 August 21,2002 ©2002 Kleinfelder,Inc. Page 6 of 11 r