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$27,230.15.1 <br />I For the duration of this agreement, SARA will provide an estimate of the anticipated <br />administrative costs by December 15 of the calendar year preceding the year in which costs are <br />being estimated for. The Parties shall agree upon the annual budget in writing on a per annum <br />basis prior to being billed for quarterly administrative costs. <br />4. The Parties agree to share the administrative costs in the following percentages: <br />FAA - 22% <br />SAWS - 15% <br />GBRA - <br />15% <br />SARA - <br />10% <br />CRWA - <br />10% <br />I 1CPl JA- <br />10% <br />NRA - <br />1% <br />Sl IWSC - <br />1 %, <br />Cow Creek GCD - <br />4% (not to exceed $2,500.00 annually) <br />GCGCD - <br />2% (not to exceed $1,500.00 annually <br />C'VLGC - <br />2% (not to exceed $1,500.00 annually) <br />C'SM - <br />2% (not to exceed $1,500.00 annually) <br />RECD - <br />2% (not to exceed $1,500.00 annually) <br />VCGCD - <br />2% (not to exceed $1,500.00 annually) <br />Calhoun County GCD - <br />2% (not to exceed $1,500.00 annually) <br />TOTAL 100% <br />The total amount of administrative costs expended for each year will not exceed the budgeted <br />administrative costs without the prior written authorization of the Parties. <br />1 Estimate is based off the second year budget for the fourth Cycle of Regional Water Planning (Calendar Year 2012). <br />Total estimate includes Labor, Professional Services, and other miscellaneous costs incurred by the Administrative <br />Agent. <br />3 <br />