129-26 (Exhibit A) STV-consultant-ageement_2026-01-05.pdf

State of Nef Jersey DEPARTMENT OF TRANSPORTATION P.O. Box 600 Trenton, New Jersey 08625-0600 PHILIP D. MURPHY FRANCIS K. O°CONNOR Governor Commissioner TAHESHA L. WAY Lt. Governor July 28, 2025 Mr. Richard Lee President AmerCom Corporation 300 Interpace Pkwy Building C, Suite 210A Parsippany, NJ 07054 Dear Mr. Lee: Based on our review of AmerCom Corporation’s submitted Statement of Indirect Rates Calculation and Field Office Computations for the year ended December 31, 2024, we recommend overhead rates of 94.28 percent be used for construction inspection projects, 198.49 percent be used for home-office projects, and /]2.59 percent be used for additional work modifications for contracts entered into prior to your firm selecting to use split rates or the time split rates were required on all new contracts and extra work modifications. The above rates should be used for funding purposes for future contacts with the Department. In addition, the overhead rates proposed on this overhead letter expire on July 1, 2026. These rates are subject to audit verification. Our acceptance of these rates does not extend beyond contracts with the New Jersey Department of Transportation. Any other entity contracting with the firm is responsible for determining the acceptability of the overhead statement. If you have any questions, feel free to contact Elkins Larkins at (609) 963-2364, or at elkins larkins@dot.nj.gov. Sincerely, Richard Femme Richard Temmer Manager, Bureau of External Audit “IMPROVING LIVES BY IMPROVING TRANSPORTATION” New Jersey Is An Equal Opportunity Employer ¢ Printed on Recycled and Recyclable Paper