Document:

Exhibit
10.2

February 22, 2007

Mr. Gary Grotjohn, Controller

Akron Riverview Corn Processors LLC

4808 F Avenue

Marcus, IA 51035

RE:                              Financial
Assistance Program Awards

Award Date: February 15,
2007

Contract #:
P0702M01286

Dear Mr. Grotjohn:

I am pleased to inform
you that the Iowa Department of Economic Development has awarded Akron
Riverview Corn Processors LLC the following financial assistance for your
project in Akron, Iowa:

	
  High Quality Job Creation
  (HQJC) — estimated value

  	
   

  	
  $

  	
  12,187,500

  	
   

  

 

Attached you will find a
Sales and Use Tax Refund informational sheet describing the required forms for
the tax credit program.  In a few weeks,
our office will send you the necessary contract documents to finalize the terms
and conditions of your company’s participation in this financial assistance
award program.  The contract documents
must be signed by authorized representatives of Akron Riverview Corn Processors
LLC, Plymouth County, and IDED.

The Iowa Department of
Economic Development looks forward to working with Akron Riverview Corn
Processors LLC and Plymouth County on this important economic development
project.  We are very pleased that you
have chosen to make such a significant investment in Iowa.  Should you have any questions regarding this
award, please contact your project manager, Peggy Russell at 515/242-4848.

Sincerely,

	
  /s/ Michael L. Tramontina

  	
   

  
	
   

  	
   

  
	
  Michael L. Tramontina

  
	
  Interim Director

  

 

MT/mm

cc:           Senator Dave Mulder

Representative Chuck Soderberg

Kathy Showalter, PlanScape
Partner

Jim Henrich, Plymouth County
Board of Supervisors

Gary Tucker, Plymouth County
Economic Development

IDEDExhibit
10.3

[Air Resource

Specialists, Inc. logo]

	
   

  	
   

  	
  1901 Sharp Point Drive

  
	
   

  	
   

  	
  Suite E

  
	
   

  	
   

  	
  Fort Collins, Colorado 80525

  
	
  November 30, 2006

  	
   

  	
  970-484-7941

  
	
   

  	
   

  	
  FAX: 970-484-3423

  

 

Mr. Steve Roe

Akron Riverview Corn Processors, LLC

4808 F Avenue

Marcus, Iowa 51035

RE:                           Proposal
for Environmental Permitting Support

Akron, IA Ethanol Plant

Dear Steve:

Air Resource
Specialists, Inc. (ARS) is pleased to provide the enclosed proposal and cost
estimate for consideration by Akron Riverview Corn Processors, LLC
(Arkon).  ARS understands that Akron is
interested in constructing a grain-to-ethanol plant (approximately 110 MM
gal/yr capacity) at a site in Akron, IA. 
ARS is providing this proposal for consulting services to obtain the
necessary State of Iowa air quality permit prior to the commencement of
construction activities.

ARS is well
qualified to assist Akron on this project. 
ARS staff are very knowledgeable about ethanol production processes, the
resultant effluent streams, and the environmental control regulations that
affect ethanol plants.  ARS has already
developed a number of technical tools, such as spreadsheets for calculating
ethanol plant air emissions, many of which will be directly transferable to
this project.  ARS staff have also developed
a good working relationship with Iowa permitting staff.

In Iowa,
environmental programs fall under the jurisdiction of the Iowa Department of
Natural Resources (IDNR).  The air
quality permit needs to be issued prior to starting project construction and is
usually one of the critical components for facility development.  The other crucial environmental permit is the
storm water permit for construction activities. 
This ARS proposal addresses the air quality permit, while ARS has
already provided Akron with a proposal addressing storm water and wastewater
permits.  Most other environmental
permits and approvals are required only before commencement of operations, and
as such are not as critical to the project development schedule.  ARS can also provide support on any other
environmental permits and approvals that may be required by IDNR or other
agencies at the appropriate time.  ARS
recommends initiating environmental permitting activities early in the project
in order to minimize any potential adverse impacts on the project development
schedule.

Based on the
present plant capacity and design, it is expected that the plant emissions
could exceed the 100 tons per year (tpy) major source threshold for one or more
regulated pollutants.  At these emission
rates, the ethanol plant will require approval under IDNR’s Prevention of
Significant Deterioration (PSD) regulations.

The proposed
scope-of-work and budget is provided below.

Scope-of-Work

Air Permit Application Activities

The requirements
for an air permit are outlined in the Iowa air pollution control program
regulations.  The basic air quality
regulations in Iowa are similar to other states.  Where Iowa has unique state air program
requirements, this has been noted in the scope-of-work.

New or modified
sources of air pollution emissions, including ethanol plants, are required to
obtain various permits prior to initiating construction.  Ethanol facilities typically emit the
following air pollutants regulated by both Federal and State agencies:

·                                            Particulate
Matter (PM/PM-10) from grain receiving, handling, and drying equipment, plus
fugitive dust from traffic on roads and cooling towers

·                                            Volatile
Organic Compound (VOCs) and Hazardous Air Pollutants (HAPs) from fermentation
tanks, distillation columns, product tankage, product loadout  facilities, fugitive losses from piping
(leaks), and grain dryers

·                                            Nitrogen
Oxides (NOx), Carbon Monoxide (CO), and Sulfur Dioxide (SO2) from combustion equipment (boilers,
dryers, and thermal oxidizers)

AQ Task 1
– Project Data Review

The air quality
permit application requires facility design information as well as technical
analyses of the expected air quality emissions and impacts.  ARS will work closely with Akron and the
selected design engineering firm to assemble all of the required information
for the permit application.  ARS staff
will be focused on the technical and regulatory aspects of the application,
allowing the project engineering staff to focus on the physical and design
information required.  ARS will take the
lead role in assembling the application into a format acceptable to the IDNR.

ARS will provide a
list of project information requirements to the design engineering firm at the
start of the project.  Generally, ARS
requires a description of the ethanol production process and associated
equipment.  Although we are experienced
with ethanol production, the specifics of the plant design and equipment vary
based on the engineering firm.  As IDNR
issues separate permits for each individual emission source, the specific
details of the plant design are 

 2
 

an important element of
the overall permit application.

AQ Task 2
– IDNR Consultation

Close coordination
with the permitting authority is a key element of successful permitting.  ARS will consult with IDNR permitting staff
to review the proposed project and develop a consensus regarding the required
elements of the air permit application. 
Also, for a PSD application, IDNR generally requires a pre-application
meeting with each applicant.  This
meeting is expected to occur at IDNR’s main office in Des Moines.

The project budget
assumes one day for travel to Des Moines, and a second day for meeting with
IDNR staff and returning home.  ARS will
prepare a summary of the IDNR meeting and list any action items developed at
the meeting.

AQ Task 3
– Emission Calculations

The air permit
application requires information concerning the magnitude of air pollution
emissions for all regulated pollutants. 
As mentioned above, ethanol plant emissions include PM and PM-10 from
grain receiving, handling, and drying, VOCs and HAPs from a variety of
processes including fermentation, distillation, and grain drying, and NOx, CO
and SO2 emissions from fuel combustion in boilers,
dryers, and thermal oxidizers.  Other
small emission points may also exist depending on the specific design and
operation of an individual plant.

Potential
emissions of all regulated air pollutants must be estimated for inclusion in
the permit application.  Potential
emissions are defined in the emissions associated with the maximum production
capacity of the process.  For example,
potential boiler emissions are those that result from maximum load fuel
consumption.  A source can voluntarily
restrict equipment operation to reduce the potential emissions, but such restrictions
must be made enforceable through the permit.

For other ethanol
industry projects, ARS has developed computer spreadsheets to calculate
emissions for all major production processes. 
These tools are transferable to Akron’s application.  Mostly, the emissions estimates utilize
published information form the Environmental Protection Agency (EPA) and/or
emissions testing data at similar ethanol facilities.  For example, ARS possesses emissions testing
data for several new ethanol plants based on EPA’s newest testing methods.  ARS will work with Akron and the selected
design engineering firm to assemble the required emissions data.  These calculations will require basic information
about the facility such as ethanol production capacity (gal/yr production) and
fuel consumption (MMBtu/hr).

 3
 

AQ Task 4
– Review Applicable Emission Standards

ARS will provide
an assessment of the applicable air quality emission limitations and standards
from both Federal and State regulations. 
These standards include federal New Source Performance Standards (NSPS)
listed in 40 CFR Part 60 and general state emission standards for certain
equipment and processes.  This assessment
serves three purposes:  1) ensure that
the plant design incorporates the necessary air pollution emissions control to
meet any applicable emission standards, 2) ensure that IDNR properly interprets
the applicability of various regulations when writing the permit, and 3)
provide for identification of the expected air monitoring and testing
requirements during facility operation.

Federal NSPS
standards potentially cover a number of individual processes and equipment at
an ethanol plant, including tankage (Subpart Kb), piping equipment such as
pumps and valves (Subpart VV), and boilers/thermal oxidizers (Subpart Dd or
Dc).  The applicability of any particular
NSPS depends in part on the size of the equipment (larger equipment is
generally covered by the NSPS, while smaller equipment may be exempt).  Some NSPS have exemptions for batch chemical
processing and/or production of beverage alcohol, which may be applicable
depending on the specifics of the plant design. 
Understanding the applicable emission standards up-front can aid in the
facility design with the objective of either compliance or qualifying for an
exemption or less stringent emission standard.

AQ Task 5
– Dispersion Modeling

Dispersion
modeling is a tool used to predict the potential air quality impact of a
proposed source on the local environment. 
Modeling is normally required as part of the air quality permit
application whenever the emissions exceed a specified threshold.  The model results are compared to applicable
air quality increments and standards for the pollutant of interest.

The requirements
for air quality modeling are spelled out in EPA’s Guideline on
Air Quality Models (40 CFR 51 Appendix W) and accompanying state
agency guidelines.  ARS’ computer system
contains the latest EPA dispersion models and other tools consistent with EPA
and state regulatory requirements. 
Historically, the model for most air construction permit applications
has been the Industrial Source Complex (ISCST3) model, but EPA has approved a
new model (AERMOD) for general use in permit applications.  As it is likely the permit application will
be submitted after December 2006, AERMOD will be required under EPA modeling
guidelines.

Dispersion model
inputs include the following:

·                               Source
emissions:  Emissions input to the model
must match the requested permit levels for each source.  ARS will develop these data with assistance
from the engineering design team as part of the emissions calculations
described previously.

 4
 

·                               Stack
parameters:  Physical data is needed
describing stack height, inside diameter, exit velocity or flow rate (acfm),
and stack exhaust temperature of each emission point.  It is assumed that the design engineering
firm will provide these data or these data may also be obtained from stack
testing information on similar equipment.

·                               Plot
Plan:  A facility diagram is required
showing the location of each emissions point, nearby buildings and structures,
property boundary and perimeter fenceline, and nearby public roads and
waterways.  This diagram should be to
scale and show the UTM coordinate system (or be transferable to UTM
coordinates).  It is assumed that the
design engineering firm will provide this diagram.

·                               Topography:  A topographic map showing the site is
required, which can be met by including a USGS 7.5-minute quadrangle map
showing the plant site.  Topographical
data for input to AERMOD (if required) can be derived from USGS digital
data.  Our budget includes the cost for
acquiring digital terrain data in order to provide an upper bound on the cost
estimate.  The actual need for terrain
data will be based on discussions with IDNR modeling staff.

·                               Meteorology:  AERMOD uses wind speed, wind direction,
surface temperature, stability category, and mixing depth as meteorological
inputs.  These data are usually taken
from a continuous record of meteorological measurements at a nearby site, such
as a National Weather Service station. 
The appropriate meteorological data for the modeling will be reviewed
with IDNR staff during the pre-application meeting.

Modeling results
are compared to applicable air quality standards and increments.  As needed, the modeling will assess other
nearby emission sources and include a representative background
concentration.  Background accounts for
the influence of non-modeled sources and transport of pollutants from outside
the modeling area.  Generally, the
modeling needs to consider other emission sources out to a distance of 50 km or
more from the plant site.  ARS assumes
that IDNR will provide the appropriate background concentrations for the
project site along with data for any other nearby sources that need to be included
in the modeling.

AQ Task 6
– Best Available Control Technology (BACT) Analysis

For a PSD permit,
new or modified sources of air emissions releasing pollutants in more than the “significant”
quantities (defined in the PSD regulations) are required to install best
available control technology (BACT) to reduce emissions.  BACT is defined on a case-by-case basis
taking into consideration environmental, energy, and economic considerations.  Under EPA and IDNR guidelines, the “top”
technology is presumed to be BACT unless it has adverse environmental, energy,
or economic factors.  When the “top”
technology does not qualify as BACT, the analysis proceeds to the second-best
technology and the review is repeated as 

 5
 

necessary until the BACT
technology is selected.

At dry-mill
ethanol plants, the pollution abatement technologies are fairly standard (i.e.
thermal oxidizers for DDGS dryer emissions control).  ARS’ BACT review is based on justifying the
standard ethanol plant emissions control as the “top” emissions control
technology.  This approach simplifies the
BACT discussion by eliminating detailed consideration of most alternative
emission control technologies and has generally been successful on other
ethanol plant permits where BACT was required.

AQ Task 7
– Air Quality Related Values Analysis

Another component
of the PSD regulations is an assessment of the project impacts on air quality
related values (AQRVs).  Examples of AQRV
analyses include assessing impacts on visibility and threatened and endangered
(T&E) species.

Our budget for
this task generally includes a qualitative discussion of the relevant issues
and how the ethanol plant may impact the pertinent AQRVs.  For other Iowa projects, the visibility
assessment reviewed the impacts at the nearest commercial airport.  If a detailed analysis for any AQRV is needed
to fulfill IDNR requirements, additional work may be necessary.  The scope of the AQRV analyses will be
discussed with IDNR at the pre-application meeting.

AQ Task 8
– IDNR Forms and Supporting Technical Documentation

All application
information must be included on a set of standardized forms.  ARS will also prepare a technical report to
accompany the application.  The technical
report will include details of the emission calculations, regulatory analysis,
dispersion modeling, BACT analysis, and disaster review described above.  The application package for the facility will
be provided to Akron and the design engineering firm for review and approval
prior to submittal to IDNR.

AQ Task 9
– Agency Questions and Follow-Up

Sometimes,
questions from the permitting authority occur during the application
review.  ARS will provide continuing
support during IDNR’s application review to ensure that the air permit is
issued in a timely fashion.  Although a
small budget is included to cover questions, the scope and nature of these
questions along with the associated costs to respond cannot always be predicted
in advance.  If certain questions
necessitate additional technical studies, or if a second meeting with IDNR is
required, the resulting work may require a change order to ARS’ contract.  ARS will notify Akron if these circumstances
arise and provide a revised work scope and costs.

 6
 

IDNR will
initially issue the permit in draft form for review by the applicant and the
public.  ARS will also assist during the
negotiation of final permit terms and provide comments on the draft permit as
needed.

After the final
permit is issued, ARS will provide a permit compliance summary.  This will summarize permit requirements in “checklist”
form to help identify and understand any obligations for air quality
monitoring, testing, and reporting during plant operation.  This summary will be provided to the plant
shortly before start-up.  Also, ARS is
prepared to provide additional assistance during plant operations to help
ensure compliance with the terms and conditions of the air quality permit.

General
Tasks

Project
Management & Administration

This task covers
ARS’ project management and administrative expenses such as contract booking,
invoicing, etc.  ARS will provide a brief
technical and financial progress report with each monthly invoice describing
the work accomplished during the invoicing period and outlining the objectives
for the next period.

Other
Environmental Regulations

In addition to air
permitting requirements described above, other environmental permits and
approvals may be required for the proposed ethanol plant.  Eventually, Akron will require additional
environmental studies, such as coverage under a General Permit for storm water
discharges associated with industrial activities, a National Pollutant
Discharge Elimination System (NPDES) permit for non-contact cooling water
discharges, Spill Prevention Control and Countermeasure (SPCC) Plan, Facility
Response Plan (FRP), Risk Management Plan (RMP), and other site-specific
permitting and compliance activities. 
However, as most of these requirements are site and effluent discharge
specific, accurate costs for these services are difficult to estimate at
present.  In addition, these permits are
not required to initiate plant construction and additional time is available to
secure these permit approvals.  ARS can
provide a proposal and cost quote for any of these additional environmental
services once the facility design, and effluent discharges are known.  Normally these activities are completed
during the 12-month construction phase of the project.

 7
 

Budget
and Schedule

ARS estimates the
project budget for the ethanol plant air quality permit at $29,894.  This cost is proposed on a Time &
Materials basis following the ARS’ June 1, 2005 rate schedule (attached).  An itemized breakdown of the budget is
included with this proposal (See Table 1).

ARS’ experience is
that a Time & Materials agreement allows for the unexpected circumstances
that sometimes arise during permitting. 
Unexpected project costs may occur if there is significant public
comment and/or lengthy agency negotiations regarding the specific permit terms.  Because of these uncertainties, permitting
costs are best handled through a Time & Materials agreement.  However, Akron still maintains control over
the budget because ARS agrees not to exceed the authorized budget without prior
client approval.  Also, ARS’ practice is
to allow for some cost contingencies in the Time & Materials budgets.  As such, change orders are unnecessary for
minor deviations and occur only when project circumstances change
significantly.  If you talk with other
ARS clients, I think you will find that they are satisfied with our Time &
Material cost performance and that we often complete the project work under
budget.  Any unspent funds are not billed
and can be used for future permitting activities.

Project costs
assume that the proposed ethanol plant will need a PSD permit for air quality
permitting.  Also, any IDNR permitting
fees have not been included in the budget and will be the responsibility of
Akron.  ARS will have the air quality
permit application ready within approximately 4 weeks following receipt of the
authorization to proceed plus all necessary technical information from Akron
and the design engineering firm.

Closing

ARS appreciates
the opportunity to provide this proposal and cost quotation to Akron Riverview
Corn Processors, LLC for assistance with environmental permitting for a planned
ethanol production facility near Akron, IA. 
ARS is extremely well qualified to assist in securing the required
environmental permits and approvals for the proposed facility.  ARS’ technical strength is our extensive
ethanol industry experience, past working relationships with some of the design
engineering firms under consideration for this project, a broad understanding
of the environmental control requirements and regulations impacting the ethanol
industry, and professional working relationships with permitting staff at
IDNR.  I am confident that ARS will
provide the necessary technical and regulatory skills to help make your new
ethanol plant a success.

Akron can signify
its acceptance of this proposal by signing and returning the attached work
authorization form, or by providing a purchase order or other authorization
method of your choosing.  I would urge
you to sign and return the Work Authorization Form at your earliest convenience
so ARS can start the project work.

 8
 

If there are any
questions regarding our proposal, you may contact me at 970-484-7941 or by
email at jwu@air-resource.com. 
Thank you for considering ARS for this work.

	
  

  	
   

  	
  Sincerely,

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  /s/ James Wu

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  James Wu, Assistant Manager

  
	
   

  	
   

  	
  Environmental Compliance Section

  

 

 9

Table 1

Project Budget — Environmental Permitting Support

Air Quality Permit Application

110 MM gal/yr Ethanol Plant                                                                                                                             30-Nov-06

Akron Riverview Corn Processors, LLC

New Facility Permitting Assistance (Akron, IA)

Budget
prepared by Air Resource Specialists, Inc.; Fort Collins, CO

	
   

  	
  Tasks

  	
   

  	
   

  	
  Project Mgr

  	
   

  	
  Tech Staff

  	
   

  	
  Clerical Staff

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  AQ Task 1 — Data and
  Regulatory Review

  	
   

  	
  6

  	
   

  	
  12

  	
   

  	
   

  	
   

  
	
  AQ Task 2 — Regulatory
  Agency Consultation

  	
   

  	
  20

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  AQ Task 3 — Emissions
  Calculations

  	
   

  	
  8

  	
   

  	
  32

  	
   

  	
   

  	
   

  
	
  AQ Task 4 — Review
  Applicable Standards

  	
   

  	
  2

  	
   

  	
  2

  	
   

  	
   

  	
   

  
	
  AQ Task 5 — Dispersion
  Modeling

  	
   

  	
  12

  	
   

  	
  48

  	
   

  	
  4

  	
   

  
	
  AQ Task 6 — BACT
  Analysis

  	
   

  	
  24

  	
   

  	
  12

  	
   

  	
   

  	
   

  
	
  AQ Task 7 — AQRV
  Analyses

  	
   

  	
  8

  	
   

  	
  12

  	
   

  	
   

  	
   

  
	
  AQ Task 8 — Permit
  Application Forms

  	
   

  	
  12

  	
   

  	
  40

  	
   

  	
  12

  	
   

  
	
  AQ Task 9 — Agency
  Questions & Draft Permit

  	
   

  	
  10

  	
   

  	
  24

  	
   

  	
   

  	
   

  
	
  Management &
  Administration

  	
   

  	
  8

  	
   

  	
   

  	
   

  	
  8

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Totals

  	
   

  	
  110

  	
   

  	
  182

  	
   

  	
  24

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Labor Summary

  	
   

  	
  Hours

  	
   

  	
  Rate

  	
   

  	
  Budget

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Project Manager

  	
   

  	
  110

  	
   

  	
  $120.00

  	
   

  	
  $

  	
  13,200

  	
   

  
	
  Tech Staff

  	
   

  	
  182

  	
   

  	
  $65.00

  	
   

  	
  $

  	
  11,830

  	
   

  
	
  Clerical

  	
   

  	
  24

  	
   

  	
  $40.00

  	
   

  	
  $

  	
  960

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Subtotal

  	
   

  	
  316

  	
   

  	
   

  	
   

  	
  $

  	
  25,990

  	
   

  
	
  Preferred Customer Discount (if
  applicable)

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  1,300

  	
   

  
	
  Subtotal

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  24,691

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Computer

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  1,896

  	
   

  
	
  Communications

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  632

  	
   

  
	
  Computer Software
  (Dispersion Modeling) Fee

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  495

  	
   

  
	
  Digital Terrain Data

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  825

  	
   

  
	
  Miscellaneous (maps,
  etc.)

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  200

  	
   

  
	
  Travel (See below for
  detail)

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  1,155

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Estimated Project Budget

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  $

  	
  29, 894

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Travel Budget

  	
   

  	
  Des Moines

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Airfare and/or Mileage

  	
   

  	
  $

  	
  750

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Mileage to DIA &
  E470 Tolls

  	
   

  	
  $

  	
  75

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Airport Parking

  	
   

  	
  $

  	
  20

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Rental Car & Fuel

  	
   

  	
  $

  	
  50

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Hotel

  	
   

  	
  $

  	
  80

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Per Diem

  	
   

  	
  $

  	
  75

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Subtotal

  	
   

  	
  $

  	
  1,050

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  10% Fee

  	
   

  	
  $

  	
  105

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Travel Budget (per meeting)

  	
   

  	
  $

  	
  1,155

  	
   

  	
   

  	
   

  	
   

  	
   

  

 

Air Resource Specialists, Inc.

Environmental Compliance Section

Labor Rates and Commercial Terms

Effective June 1, 2005

 

Labor
Categories & Billing Rates  (Labor is billed in 1/4 hour
increments)

	
  Expert Witness

  	
   

  	
  $

  	
  150.00

  	
   

  
	
  Senior
  Consultant/Dept Manager

  	
   

  	
  $

  	
  120.00

  	
   

  
	
  Senior
  Consultant/Asst Dept Manager

  	
   

  	
  $

  	
  110.00

  	
   

  
	
  Project
  Engineer/Scientist V

  	
   

  	
  $

  	
  95.00

  	
   

  
	
  Project
  Engineer/Scientist IV

  	
   

  	
  $

  	
  85.00

  	
   

  
	
  Project
  Engineer/Scientist III

  	
   

  	
  $

  	
  75.00

  	
   

  
	
  Project
  Engineer/Scientist II

  	
   

  	
  $

  	
  65.00

  	
   

  
	
  Project
  Engineer/Scientist I

  	
   

  	
  $

  	
  55.00

  	
   

  
	
  Administrative/Clerical
  Assistant

  	
   

  	
  $

  	
  40.00

  	
   

  

 

Preferred
Customer Discounts

ARS
provides qualified preferred customers with a discount of 5% on labor
charges.  Preferred customers are those
clients who provide ARS with technical work on a non-competitive basis and who
authorize such work within 30 days of receipt of a project budget from
ARS.  A minimum work order size may be
required to receive the preferred customer discount.  Preferred customer discounts are also
provided to clients whose annual labor billings exceed $50,000.  Volume discounts are applied to any labor
billings that exceed the qualifying minimum amount.  Client payment on accounts must be current to
quality for any discount.

Computer
Charges

Computer
time for word processing, spreadsheet calculations, computer graphics, etc. is
billed at $6.00 per labor hour.  Also,
specialized computer work such as dispersion modeling is assessed an additional
software fee to cover costs of maintaining these programs.  These fees may vary depending on the
particular software program.  Software
fees, where applicable, are stated in the proposal and/or project budget.  Software fees are billed only once per
project.

Communications
Charges

Charges
for project communications are billed at $2.00 per labor hour.  This fee covers ARS costs for telephone and
fax, e-mail access, in-house photocopies, normal office supplies, and
postage.  Upon request, clients may be
billed for project communications based on actual expenditures plus a 10%
administrative fee.  However, clients who
make such a request will be responsible for all labor charges associated with
compiling and tracking this information.

Other
Direct Costs

Other
project reimbursable costs are billed at actual cost plus a 10% fee.  Examples of outside expenses include travel,
outside photocopying, maps, topographic and/or meteorological data, overnight
shipping, subcontract labor, and other project supplies provided by third
parties.

Ambient
Air & Meteorological Monitoring Equipment Charges

Capital
equipment for air monitoring may be purchased on behalf of client at actual
cost plus 10% handling or leased to client for a monthly fee of 10% capital
cost (12-month minimum lease).  Leasing
fees beyond the 12th month
are reduced to 5% of capital cost per month. 
Expendable supplies associated with monitoring equipment are billed at
actual cost plus a 10% fee.

Warranties

ARS
warrants that all work will be performed using the care and diligence equal to
or superior to industry standard work practices.  All work is warranted to be free of calculation
errors and other similar errors.  ARS
will replace any and all defective work at no charge to the client upon
notification by the client that such errors exist within 30 days of receipt of
such work from ARS.

Insurance

ARS
carries standard insurance coverage, including general liability, auto
liability, and workman’s compensation. 
Upon request, ARS agrees to provide certificates documenting insurance
coverage to clients and meet other requests such as naming client as an insured
on each policy.  Costs incurred by ARS to
meet any client specified insurance requirements will be billed to client.

Limitations
on Liability

In
all cases, the liability for warranties and other claims against ARS are
limited to no greater than the contract value.

Confidential
Information

ARS
will maintain confidentiality of all project technical information provided by
the client during the course of this project. 
ARS will not disclose such information to third parties without prior
approval of the client.  This
confidentiality agreement excludes any information that is disclosed directly
by client to other outside parties or becomes public information through no
fault of ARS.  The client agrees that ARS
may use client’s name and a description of the work, for use in soliciting work
from other clients.

Terms
of Payment

Terms
of payment are Net 30 days.  Unpaid
invoices are subject to interest charges at the rate of 11⁄2 % per month on the
unpaid balance.  Interest charges are
waived for any questioned billings provided that the client provides written
notification to ARS challenging the basis for such billings within 30 days of
receipt of the invoice.

For further information contact:

D.
Howard Gebhart

Manager,
Environmental Compliance Section

Air
Resource Specialists, Inc.

1901
Sharp Point Drive  Suite E

Fort
Collins, CO  80525

Telephone:
970-484-7941  Fax: 970-484-3423

e-mail: 
hgebhart@air-resource.com

[Air Resource

Specialists, Inc. logo]

	
  

  	
  1901 Sharp Point Drive

  
	
   

  	
  Suite E

  
	
   

  	
  Fort Collins, Colorado 80525

  
	
   

  	
  970-484-7941

  
	
   

  	
  FAX: 970-484-3423

  

 

WORK AUTHORIZATION FORM

	
  Client:

  	
   

  	
  Akron Riverview Corn Processors, LLC

  	
   

  	
   

  
	
   

  	
   

  	
  c/o Mr. Steve Roe

  	
   

  	
   

  
	
   

  	
   

  	
  4808 F Avenue

  	
   

  	
   

  
	
   

  	
   

  	
  Marcus, Iowa 51035

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Description:

  	
   

  	
  Air quality permit application for a dry-mill
  ethanol plant located near Akron, IA.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Budget:

  	
   

  	
  $29,894

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Terms:

  	
   

  	
  Time & Materials basis. ARS labor rates and
  commercial terms dated June 1, 2005 apply (attached). ARS agrees not to
  exceed the authorized budget without prior approval by Client. ARS will
  invoice Client monthly for project expenses accrued during the previous
  month. Invoices are payable in 30 days. Late payment is subject to interest
  at 1.5 percent per month on the unpaid balance.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Approved by:

  	
   

  	
  AKRON RIVERVIEW CORN PROCESSORS, LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Signature:

  	
  /s/ Steven G. Roe

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
  General Manager

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Date:

  	
  12-6-07

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00120-of-00352.parquet"}]]