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Kwasi Badu-Tweneboah <br />From: Kwasi Badu-Tweneboah <br />Sent: Friday, October 09, 2009 3:14 PM <br />To: hmehta@ircgov.com; vlemons@ircgov.com <br />Cc: 'Perez, Deborah' <br />Subject: IRC Borrow Pond Construction Job - Payment Application Nos. 4 and 5 <br />Attachments: IRC Borrow Pond Applic #4 and #5_20091009024628.pdf <br />Himanshu and Valerie, <br />Geosyntec Consultants has reviewed the borrow pond payment application Nos. 4 and 5 submitted by Waste <br />Management (WM), dated September 30, 2009, for work performed on the borrow pond development project from <br />8/1/2009-8/31/2009 and 9/1/2009-9/30/2009, respectively. Attached are the cover letter and payment request <br />information. Payment Application #4 was reviewed and approved for payment by Geosyntec on 10/8/2009 and is <br />included herein for completeness. <br />For Payment Application No. 5, WM is requesting payment of $54,219.72 for actual work completed on the project and <br />also for the release of retainage in the amount of $22,468.88. Geosyntec is in agreement for the items submitted for <br />payment which are in accordance with the Bid Form for the borrow pond construction project. Also, since the <br />contractor has completed its work under the borrow pond project, Geosynetc is in agreement for release of the <br />retainage amount of $22,468.88. <br />Therefore, Geosyntec recommends payment for the invoice amount of $76,688.60 under Payment Application No. 5. <br />Please note that the original contract amount for the borrow pond project was $249,053.77 plus a 20% contingency <br />amount of $49,810.75 bring the total project budget to $$298,864.52. The total amount invoiced by the contractor, <br />including approved Change Order Nos. 1 through 6, is $278,908.50. Therefore, the borrow pond project was completed <br />under budget with a remaining balance of $19,956.02. Payment of these invoices would officially close the project. <br />Please let me know if you have any questions on the above or required additional information. <br />Regards, <br />Kwasi <br />Kwasi Badu-Tweneboah, Ph.D., P.E. <br />Associate <br />Geosyntec Consultants <br />1200 Riverplace Blvd., Suite 710 <br />Jacksonville, FL 32207 <br />Tel: (904) 858-1818 <br />Fax: (904) 396-1143 <br />Cell: (904) 424-6975 <br />E-mail: kbadu-tweneboahl@eeosvntec.com <br />www.Qeosvntec.com <br />1 <br />