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TO: <br />THROUGH: <br />FROM: <br />SUBJECT: <br />DATE: <br />CONSENT <br />INDIAN RIVER COUNTY, FLORIDA. <br />MEMORANDUM,: <br />Joseph A, Baird, County Administrator C/111 <br />Christopher R. Mora, P.E., Public Work <br />Christopher J. Kafer, Jr., P. E., County E <br />Release of Retainage <br />Indian River County Fairgrounds Ag Pavilion Metal Roof Replacement <br />IRC Project No. 1238, Bid No. 2014418 <br />March 12, 2014 <br />DESCRIPTIONI AND CONDITIONS <br />On November 19, 2013, the Board of County Commissioners approved award of Bid No. <br />2014018 to Summit Construction of Vero Beach, LLC to replace the worn and leaking metal roof <br />on the IRC Fairgrounds Agricultural Pavilion in the amount of $86,050.00. Change Order No. 1 <br />in the amount of $2,810.90 was approved on January 9, 2014 for a total contract price of <br />$88,860.90. <br />The project has been completed and to date, Summit Construction of Vero Beach, LLC has been <br />paid $79,974.82, with $8,886.08 held in retainage. Summit Construction of Vero Beach, LLC has <br />submitted their invoice dated March 1, 2014 for release of retainage in the amount of <br />$8,886,08. <br />FUNDING <br />Funding is budgeted and available from Retainage Payable Account No. 001-206000 in the <br />amount of $8,886.08. <br />RECOMMENDATION <br />Staff recommends approval of Summit Construction of Vero Beach, LLC invoice dated March 1, <br />2014 for release of retainage in the amount of $8,886.08. <br />F;Tubbc WorksIENGINFERWO DIVISION PROJF.0 & I23S-IRC Fairgrounds -Ag Tavibon Raaf Replacemwn Admimlagenda iterasWC Agenda Request for Rekam of Retainage 04- <br />01-2014.doe <br />115 <br />