Cost Estimating ITQ

This contract is a professional services agreement between the City of Pittsburgh and Michael Baker International Inc for cost estimating services. The agreement has a term of two years, with the option to renew for two successive periods of one year each. The contract has a maximum annual compensation limit of $500,000. The scope of work includes project-specific professional service proposals, compiling cost estimates, bid analysis, and evaluation. The City of Pittsburgh reserves the right to terminate the contract at any time without cause or liability. The contract also includes provisions for audit rights, data ownership, and indemnity. Some key points to consider when evaluating this contract's similarity to your own business specialties are the contract's focus on cost estimating services, the maximum annual compensation limit, and the termination provisions.