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LTC 083-2008 Transit Services2.1.6 Selection: Consultant will continue to provide information and background assistance as required, and will help negotiate the compensation and benefit package for the candidate selected. If such candidate resigns or is terminated within the first twelve (12) months of employment, Consultant will continue to provide executive search services fora replacement, at no additional fee (reimbursable expenses only would be charged). SECTION 3 COMPENSATION 3.1 FEE Consultant shall be compensated by the City, for those Services provided and satisfactorily performed during the Term herein, a fee not to exceed fifty thousand dollars ($50,000.00), inclusive of commissions, and any other consultants necessary to complete the Scope of Work described in Section 2, and delivered per the timeline outlined in Exhibit "A" hereto. Additionally, Reimbursable Expenses shall include $375 for each month of the search for phone, postage and photocopying; additional Reimbursable Expenses will be charged if it is determined the position is to be advertised, and/or travel is required. However, any such Reimbursable Expenses exceeding $200 must be approved, in writing, by the City Manager or his designee, prior to Consultant incurring costs for same. The City shall have no duty or responsibility to reimburse Consultant for any unapproved expenses. 3.2 METHOD OF PAYMENT The fee schedule for the Consultant's fee is as follows; - Contract Execution $ 25,000 - Candidate Short List Submitted $ 12,500 - Candidate Selected $ 12,500 Payments shall be made for Services satisfactorily performed, within thirty (30) days of the date of receipt of Consultant's invoice, said invoice in a manner satisfactory to and as approved and received by, the City. Consultant shall mail all invoices to: City of Miami Beach Department of Tourism and Cultural Development 1700 Convention Center Drive Miami, Florida 33139 Attn: Max Sklar, Director