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COMPENSATION FORMULA FOR RMI SCOPE OF WORK <br /> ON EVALUATION AND FINANCING PLAN <br /> FOR WHITE RIVER HYDROELECTRIC PROJECT <br /> LOCK AND DAM NO. 1 <br /> Reimbursable Fee $44 , 000 <br /> Formula Fee Multiplier 1] . 00,27�.-x First $10 million <br /> (Multiplier on Bond l/ <br /> Issue Amount) . 0015��x Next $10 million <br /> . 0tI All over $20 million <br /> Owner Termination Cost 2] $15, 000 <br /> 1] All fees are based on Independence County pursuing financing <br /> of Locks and Dams Nos. 2 and 3 concurrently. If the County <br /> elects not to proceed, the formula fee increases 15% . <br /> 2 ] Based on concurrent work on the County' s Locks and Dams Nos . <br /> 2 and 3 . If County does not authorize work on a concurrent <br /> basis, termination cost increases to $20 , 000 . <br />