Based on the contract's requirements for Four Medical Assistants, the estimated budget can be calculated by considering the average hourly wage for a Medical Assistant in New Mexico, which is around $18-20 per hour. Assuming an 8-hour shift, 5 days a week, for 52 weeks, the total hours worked per year would be approximately 2,080 hours per Medical Assistant. With Four Medical Assistants, the total hours worked per year would be around 8,320 hours. Considering a 5-year contract with a base year and four option years, the total budget for the contract period could be estimated as follows: Base Year: 8,320 hours * $19 per hour (average) = $158,080 Option Year 1: 8,320 hours * $19 per hour = $158,080 Option Year 2: 8,320 hours * $19 per hour = $158,080 Option Year 3: 8,320 hours * $19 per hour = $158,080 Option Year 4: 8,320 hours * $19 per hour = $158,080 Total estimated budget for the 5-year contract: $790,400. However, this is a rough estimate and does not take into account other factors that may influence the actual budget, such as benefits, overhead costs, and profit margins.