Before conducting discussions with any firm concerning fees, the Commission shall cause an estimate of the value of such services to be prepared. This estimate shall serve as a guide in evaluating fair and reasonable compensation during negotiations. At any time the Commission determines its estimate to be unrealistic due to changing market costs, special conditions, or other relevant considerations, the estimate shall be reevaluated and modified as necessary. The Commission's estimate shall remain confidential until the award of contract or abandonment of any further procedure for the services to which it relates.
Cal. Code Regs. Tit. 20, § 2564
Note: Authority cited: Sections 25213, 25218(b) and 25218(e), Public Resources Code. Reference: Section 25216(c), Public Resources Code; and Sections 4525, 4526, 4526.5, 4527, 4528, 4529 and 4529.5, Government Code.