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Section IV. Preliminary Cost Estimate and Schedule <br /> PRELIMINARY COST ESTIMATE <br /> The Jones & Stokes Associates project team proposes to complete the identified <br /> scope of work for a cost not to exceed $219,092. Table 4-1 shows the itemized estimate for <br /> each task based on the billing rates included for Jones & Stokes Associates (Table 4-2), <br /> Kleinfelder, and Peak & Associates. <br /> As specified by the county,invoices will be submitted based on the following payment <br /> schedule: <br /> Portion of <br /> Work Product Contracted Amount <br /> Administrative draft EIR 40% <br /> Draft EIR 30% <br /> Final EIR 20% <br /> Certification of final EIR <br /> by the board of supervisors 10% <br /> This cost estimate is valid for 6 months from the date of this proposal. <br /> IV-1 <br />