INDEPENDENT LOCAL NEWSNewport News, Virginia
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Statement of work — economic impact of Newport News festivals and events

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PROJECT TIMELINE ISR can deliver the economic impact report within 7 days after the client completes the following tasks: -The client achieves a statistically valid response volume on the economic impact survey. For a ticketed event, a valid sample size can typically be achieved in approximately one week if the client launches the survey immediately following the event (and sends one follow-up reminder). -The client submits the completed event data sheet. PRICE AND TERMS Number of Festivals/Events Fixed Price Per Festival/Event Contracted during Calendar Year 2026 2026 1 festival/event $8,405 2-8 festivals/events $6,525 per festival/event > 8 festivals/events $5,280 per festival/event Terms: 1. Invoice sent upon electronic delivery of each report; payable within 30 days of receipt. 2. If a festival/event is cancelled, there will be no charges (Amount due = $0). 3. All quoted pricing assumes that the client will conduct festival/event attendance estimation. ISR charges $1,420 to conduct attendance estimation at a festival/event. {Investigator Bio Presented on Next Page} _________________________________________________________________________________ Institute for Service Research SOW: The Economic and Fiscal Impacts of Newport News’ Festivals and Events Page 3 of 7
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