Development Impact Fee Study

The contract is for a Development Impact Fee Study to be conducted by Tischler Bise, Inc. for the Town of Fountain Hills. The study will include tasks such as project initiation, development of land use assumptions, and preparation of a draft and final development fee report. The contract has a term of one year, starting from November 19, 2024, and ending on November 18, 2025. The total contract value is $63,950. Key aspects of the contract include: * The scope of work, which includes nine tasks related to the development impact fee study * The payment terms, which require the Town to pay the Consultant an aggregate amount not to exceed $63,950 * The insurance requirements, which mandate that the Consultant maintain certain types and amounts of insurance coverage * The termination provisions, which allow the Town to terminate the contract for convenience or cause * The dispute resolution process, which requires the parties to negotiate and mediate disputes before seeking arbitration or litigation.