We propose a partnership that begins by executing a Discovery Agreement and then follows the
pathway described below.
Our Discovery Agreement is a simple document that formalizes our engagement to develop the comprehensive donor engagement strategy and begin the design development phase for the initial project in Orlando.
Upon execution of the agreement, we would commit to completing your comprehensive donor engagement strategy by June 1, 2022. This would give you a cohesive strategy for donor recognition and experience and would also result in you having a "roadmap" for possible future projects beyond the initial project in Orlando.
At the same time, we would begin our Discovery and initial design development phase with you for the initial project in Orlando. We would work together (and with your key stakeholder groups) to develop preliminary designs and budget for that project.
There is a fixed fee that allows the Discovery Agreement to be executed. Fifty percent (50%) of the fee would be subtracted from the cost of the initial Orlando project, provided that the initial Orlando project proceeds with a signed Scope of Work Contract by June 30, 2022.
After we have preliminary designs and budget for the initial project in Orlando, you could decide whether to proceed with that project or not. If you decide to proceed, we will have enough information about preliminary designs and budget to be able draft a Scope of Work Contract. And as stated above, 50% of the Discovery Agreement fee would apply against the budget for this project. If the decision is made not to proceed with creating any donor recognition element in Orlando, that portion of the fee would be forfeited. The fee would likely be in the $50,000 range.
When the Scope of Work Contract is executed, 40% of the estimated cost of the project would be due.
Next, Nemours and BrookGlobal would continue the design development phase where final designs would be determined. Upon approval of final designs, a 40% payment of the cost of the Orlando project would be due.
After final designs are approved, we would begin procurement and fabrication. We would work with you to finalize content for the donor engagement center(s) included in the initial project. BrookGlobal’s professional network of installers would install the center(s) at times optimal for you. The final 20% payment would be due within 30 days of final installation.
CONFIDENTIAL | 25 FEBRUARY 2022