Economic Impact Statement

ECONOMIC IMPACT STATEMENT

RECITALS

WHEREAS, Client Name: (the "Client") has requested an independent analysis of the anticipated economic effects of the Project identified below; and

WHEREAS, Prepared By: (the "Consultant") possesses the technical expertise, data access, and methodologies necessary to prepare such an analysis; and

WHEREAS, this Economic Impact Statement memorializes the scope, assumptions, methodology, deliverables, fees, and other material terms under which the Consultant will prepare and deliver the economic assessment for the Client.

PROJECT IDENTIFICATION

Analysis Period: From through .

SCOPE OF WORK

The Consultant will perform quantitative and qualitative analysis necessary to estimate the economic impacts of the Project. This includes, but is not limited to: identification of direct, indirect, and induced impacts; estimation of employment, wage, output, and tax effects; sensitivity analysis; and preparation of a written statement of findings and supporting schedules.

ECONOMIC IMPACT SUMMARY (ESTIMATES)

Estimated Direct Employment (FTE):

Estimated Indirect and Induced Employment (FTE):

Estimated Annual Payroll Impact: $

Estimated Annual Tax Revenue Impact: $

METHODOLOGY AND ASSUMPTIONS

PAYMENT TERMS

Invoices are due within days of invoice date. Disputed amounts must be raised in writing within days of receipt; undisputed portions remain payable.

TERM AND TERMINATION

Effective Date: . Termination Date (if applicable): .

Either party may terminate this engagement for convenience upon written notice to the other party delivered not fewer than days prior to the intended termination date. Either party may terminate for material breach if the breaching party fails to cure the breach within days after written notice of the breach.

Upon termination, the Client shall pay the Consultant for all work performed to the date of termination, including reasonable costs associated with wind-down and delivery of work product completed through the date of termination.

CONFIDENTIALITY

The parties acknowledge that during the course of performance, each may disclose Confidential Information to the other. "Confidential Information" means non-public business, financial, technical, or other information disclosed in writing or orally that is identified as confidential at the time of disclosure. Confidential Information does not include information that is: (a) or becomes generally available to the public through no fault of the recipient; (b) already in the recipient's lawful possession without restriction; (c) rightfully received by recipient from a third party without restriction; or (d) independently developed by recipient without reference to the disclosing party's Confidential Information.

Each party shall protect Confidential Information of the other party using at least the same degree of care it uses to protect its own confidential information, but in no event less than reasonable care. Recipient shall not disclose Confidential Information to any third party except to its employees, contractors, or advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein. Breach of this confidentiality obligation shall entitle the disclosing party to injunctive relief in addition to any other remedies at law or equity.

Confidentiality obligations shall survive termination or expiration of this Statement for a period of three (3) years, except with respect to trade secrets where protection shall be maintained for as long as such information qualifies as a trade secret under applicable law.

GOVERNING LAW

This Economic Impact Statement and any dispute arising out of or relating to it shall be governed by and construed in accordance with the laws of the state of without regard to choice-of-law principles.

ENTIRE AGREEMENT

This document, including any schedules or attachments explicitly incorporated herein, constitutes the entire agreement between the parties regarding the subject matter and supersedes all prior or contemporaneous understandings, proposals, negotiations, and agreements, whether written or oral, relating to the subject matter hereof. No amendment or modification of this Statement will be effective unless in writing and signed by authorized representatives of both parties.

CERTIFICATION

The undersigned certify that, to the best of their knowledge and belief, the statements, estimates, methodologies, and supporting facts set forth in this Economic Impact Statement are true, accurate, and complete as of the date of signature, subject to the assumptions and limitations expressly stated herein.

Acknowledgement: I certify the foregoing.

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