What are INFOE Incs fees?
• Having us explain the details of the New Markets Tax Credit program, discuss your project, and provide a preliminary estimate of the financial benefit, is done on a pro bono basis. Based on the preliminary review, should the agency decide to explore a NMTC transaction further, INFOE Inc will provide consulting services to the agency under a mutually agreeable engagement letter. INFOE Inc consulting fees are based on successfully completing a NMTC transaction – payable only upon closing a transaction. Typically, depending on the level of services provided, the fee range from .35% to .65% of the qualified investment — for instance, assuming a qualified investment of $10 million, the fees would range between $35-65,000. The fees are structured so that they are paid within the transaction and are not charged to the agency’s operating budget.