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EXHIBIT B — COMPENSATION <br />1. LUMP SUM. The City shall pay BHC a lump -sum fee for performing an initial review and one <br />recheck for each project. The fee shall be based on a percentage of the plan review fee as tabulated <br />below or as mutually agreed upon between the City and BHC. The plan review fee shall be based on <br />the fees charged by resolution for the City. <br />Commercial and Multi -Family <br />Percentage of Plan Review Fee <br />Projects <br />Valuation < $2,000,000 <br />Valuation $2,000,000 <br />To $5,000,000 <br />Complete Plan Review <br />75% <br />70% <br />Partial Plan Review (structural <br />60% <br />50% <br />only or nonstructural only) <br />Valuation $5,000,001 to <br />Valuation $10,000,001 <br />$10,000,000 <br />and up <br />Complete Plan Review <br />60% <br />50% <br />Partial Plan Review <br />40% <br />35% <br />(structural only or nonstructural <br />only) <br />Single Family Proiects <br />Complete Plan Review <br />75% of Plan Review Fee <br />Partial Plan Review (structural <br />only or nonstructural only) <br />50% of Plan Review Fee <br />1.1 All other review services and reviews in excess of two (the initial review plus one re -check) shall be <br />paid on a time -and -expense basis using an hourly rate identified in Schedule B. <br />1.2 Each billing statement will include the permit number, BHC task review number and owner or <br />project name of the plans reviewed with the fee. <br />1.3 Billing statements will be issued for reviews that receive a complete initial review in the preceding <br />month or other acceptable time period. All remaining fees for any project previously billed will be <br />invoiced for total balance due after final review has been completed and plans returned to the City. <br />Fees for large projects maybe invoiced over a several month period when agreeable to both the City <br />and BHC. <br />1.4 On-call and other services will be provided as desired by the City and agreed upon by BHC on a <br />time -and -expense basis using an hourly rate identified in Exhibit B. <br />