Subject: CARE Budget
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Thu, 10 Nov 2011 15:11:23 -0500

FYI, we were asked to resubmit our budget to CARE due to the inclusion of Markham.  At the end of the day, we have promised Markham $5K a month and we would likely net $10K a month.  Because it is not your standard contract and is billed on a per trip basis, there is room to squeeze more profit out of it, but Rob and I think it would be a minimum of $10K a month and it is worth it as a foot in the door type contract.  FYI, Markham's original bid was significantly lower.   Just want you to be in the loop and manage expectations of what we will really make from it should we win it.

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
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