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BOARD OF COUNTY COMMISSIONERS <br /> � gtyE/l r <br /> r <br /> c z <br /> July 18 , 2006 VIA OVERNIGHT DELIVERY <br /> Mr. Timothy Rose <br /> Timothy Rose Contracting <br /> 1360 SW Old Dixie Hwy #106 <br /> Vero Beach , FL 32962 <br /> NOTICE OF AWARD <br /> Reference : Indian River County Bid # 2006079 Roadway Improvements to SR AIA and CR 510 <br /> Dear Mr. Rose, <br /> I am pleased to inform you that on July 19 , 2006, the Board of County Commissioners awarded the above <br /> referenced project to your company. The following documents are required before the applicable County <br /> department can issue a "Notice to Proceed" letter. <br /> 1 . Performance Bond in the amount of 125 % of the contract amount. ($3 ,078 ,720.69) <br /> 2 . Payment Bond in the amount of 100 % of the contract amount. ($2,462,976 . 55) <br /> 3 . Certificate of Insurance must name Indian River County as an additional insured and must provide for <br /> a 30 day Notice of Cancellation. <br /> 4. Agreement, execute the enclosed two (2) copies . <br /> In accordance with section 255 .05 ( 1)(a), Florida Statutes, you are required to execute a Performance Bond and <br /> a Payment Bond for the above referenced project. Please submit the Bonds and the Certificate of Insurance to <br /> this office at the address provided below no later than August 2, 2006. Failure to comply with the established <br /> deadline for submittal of required documents may be grounds for cancellation of the award. <br /> Please execute both copies of the agreement and return them together with the required bonds and Certificate of <br /> Insurance to me. <br /> Thank you for your prompt attention and if you have any questions , please do not hesitate to contact our office. <br /> Sincerely, <br /> Jerry Davis , Purchasing Manager <br /> cc : Janet Dunlap P.E. , Capital Projects <br /> General Services Department * Purchasing Division <br /> 1840 25'" Street, Vero Beach, Florida 32960• (772) 567 -8000 Ext. 14169Fax : (772) 770-5140 <br /> E-mail: purchasing @ircgov.com <br />