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C . The DEPARTMENT will be entitled at all times to be advised , at its request , as to the status of work being done by the COUNTY and of the details thereof. Coordination shall be maintained by the COUNTY with representatives of the DEPARTMENT . D . The DEPARTMENT must approve in writing any consultant and/or contractor scope of services prior to advertising by the COUNTY . The DEPARTMENT' S written approval must be obtained before selecting any consultant and/or contractor for the Project . The COUNTY must certify that any consultant has been selected in accordance with the Consultants' Competitive Negotiation Act (Section 287 . 055 , Florida Statutes) . In the event the COUNTY proceeds with the intersection improvements and resurfacing of the Project with its own forces , the COUNTY will only be reimbursed for direct costs (this excludes general and administrative overhead ) . However, before the COUNTY can proceed with its own forces , all personnel shall be pre -approved by the DEPARTMENT . E . The COUNTY shall not assign or transfer any work under this Agreement without the prior written consent of the DEPARTMENT . F . All notices under this Agreement shall be directed to the following addresses : TO DEPARTMENT : TO COUNTY: Leos A . Kennedy , Jr. Christopher Kafer Florida Dept . of Transportation Indian River County- Public Works Dept . 3400 W . Commercial Blvd , 1801 27th Street , Building A Ft . Lauderdale , Florida 33309 Vero Beach , Florida 32960 Copy to : Ellen Daniel Copy to : County' s Attorney A Second Copy to : Office of the General Counsel 3 . TERM A . Except as otherwise set forth herein , this AGREEMENT shall continue in effect and be binding to both the COUNTY and the DEPARTMENT until the Project is completed as evidenced by the written acceptance of the DEPARTMENT or June 30 , 2014 , whichever occurs first , or if terminated earlier in accordance with Paragraph 7 , B . This Agreement shall not be renewed . Any extension shall be in writing and executed by both parties , and shall be subject to the same terms and conditions set forth in this Agreement . 4 . COMPENSATION AND PAYMENT A . The total estimated Project cost is ONE MILLION FOUR HUNDRED SEVENTY THREE THOUSAND FIVE HUNDRED SIXTY FIVE DOLLARS ($ 1 , 473 , 565 . 00 ) . The DEPARTMENT will fund 75 % of the estimated cost of the Project which is ONE MILLION ONE HUNDRED FIVE THOUSAND ONE HUNDRED SEVENTY FOUR DOLLARS ($ 1 , 105 , 174 . 00 ) , for the Construction of the Project . The COUNTY shall be responsible for all costs in excess of the DEPARTMENT' S participation . The COUNTY' S matching participation is in the form of Local (COUNTY) funds equal to 25 % of the Project costs plus the remaining portion of the accepted bid amount that exceeds the DEPARTMENT' S participation . However, in the event the total Project cost is less than the estimated Project cost stated above , the DEPARTMENT shall only pay 75 % of the lesser amount and all remaining costs of the Project will be paid by the COUNTY . Page 2