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1998-120
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1998-120
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Last modified
3/3/2016 9:40:51 PM
Creation date
1/8/2016 2:51:45 PM
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Resolutions
Resolution Number
1998-120
Approved Date
10/27/1998
Resolution Type
Authorizing participation with Florida Dept. of Transportation
Subject
Certain road improvements
Area
CR 510 east of US#1
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5. The DEPARTMENT shall have the sole responsibility for resolving claims and requests for <br /> additional work for the PROJECT.The DEPARTMENT will make its best effort to obtain <br /> COUNTY input in its decisions. <br /> 6. A.) The COUNTY agrees that it will,at least fourteen(14)calendar days prior to the <br /> DEPARTMENT's advertising the project for bid,furnish the DEPARTMENT an advance <br /> deposit estimate of ONE HUNDRED TWENTY THOUSAND DOLLARS <br /> ($120,000.00)for full payment of locally funded project number 230875/1/52/61/01.The <br /> advance deposit shall be the total estimated project cost plus allowances.The <br /> DEPARTMENT may utilize this deposit for payment of project 230875/1/52/61/01. <br /> B.) The payment of funds under this Joint Participation Agreement will be made as provided <br /> in the attached Memorandum of Agreement between the COUNTY ,DEPARTMENT,and <br /> the State of Florida,Department of Insurance,Division of Treasury. <br /> C.) If the accepted bid amount,plus allowances, is in excess of the advance deposit amount, <br /> the COUNTY will provide an additional deposit within fourteen(14)calendar days of <br /> notification from the DEPARTMENT or prior to posting the bid,whichever is earlier,so <br /> that the total advance deposit is equal to the bid amount,plus allowances.The <br /> DEPARTMENT will notify the COUNTY as soon as it becomes apparent the accepted bid <br /> amount plus allowances is in excess of the advance deposit amount; however,failure of <br /> the DEPARTMENT to so notify the COUNTY shall not relieve the COUNTY from its <br /> obligation to pay for its full contribution on final accounting as provided herein below. <br /> 3 <br />
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