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  2. Finance Committee - Minutes - 12/7/2016 - P4

Finance Committee - Minutes - 12/7/2016 - P4

By dnadmin on Mon, 11/07/2022 - 09:47
Document Date
Wed, 12/07/2016 - 00:00
Meeting Description
Finance Committee
Document Type
Minutes
Meeting Date
Wed, 12/07/2016 - 00:00
Page Number
4
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_m__120720…

Finance Committee Page 4
December 1, 2016

Mayor Donchess
Until the project is finished.
Alderman Cookson

So they are not expending a certain amount of time each week on the project but on an as needed basis and
responding to litigation as appropriate?

Mayor Donchess

Correct.

Alderman Cookson

So the $120,000 wouldn't cover three months or it wouldn’t cover the first half of 2017?
Mr. Kooken

There is no specification in the contract about an end date.

Alderman Clemons

Isn't exhibit B the breakdown of the hours and the costs?
Mr. Kooken

Yes.

Alderman Clemons

So it looks 992 work hours is what they are estimating.

Mayor Donchess

He has given us estimates for what he thinks this will take but there’s no definite time, some of this stuff could
take quite a while.

Alderman Clemons
It looks like we’d have to come back if these estimates are under what it is going to take.
Mayor Donchess

Yes but John Vancor thinks that this will be sufficient.

Alderman Cookson

If they were to work on this full-time, a 40-hour work week; that would be 1,040 hours and would represent two
quarters worth of work. It’s just a little bit less than...

Mayor Donchess

It’s a little bit more complicated than that because there are various people at various hourly rates. John
Vancor’s rate is $150.00 per hour.

Page Image
Finance Committee - Minutes - 12/7/2016 - P4

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