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INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Joseph A. Baird, County Administrator <br />THROUGH: Christopher R. Mora, P.E., Public Works Director <br />FROM: Richard B. Szpyrka, P.E., Assistant Public Works Directo <br />SUBJECT: Change Order No. 1, Final Pay and Release of Retainage <br />Vero Lake Estates Asphalt Millings Project (Phase 1) <br />Bid No. 2015010 <br />DATE: <br />February 10, 2016 <br />DESCRIPTION AND CONDITIONS <br />`ZN <br />On January 6, 2015, the Indian River County Commissioners awarded Bid No. 2015010 for Vero <br />Lake Estates Asphalt Millings (Phase 1) to Dickerson Florida, Inc. in the amount of $712,600.00 <br />as part of the prioritized list of roadway improvements recommended by the Vero Lake Estate <br />advisory group and authorized the expenditure of Vero Lake Estates MSBU funds for the design, <br />permitting and construction of said improvements. <br />The project has been completed and Change Order No. 1 is intended to make final adjustments <br />to the contract line items to increase the total contract price by $58,426.25 for a final cost of <br />$771,026.25. During construction, it was found that a section of 104th Avenue needed to be <br />revised due to existing conditions, which required revising the slope of the roadway, additional <br />drainage pipe, and drainage inlets. The Contractor performed the work at the contract prices <br />for the project. <br />Dickerson Florida, Inc. has been paid $676,867.88 with $36,853.31 held in retainage. Dickerson <br />Florida, Inc. has submitted Contractor's Application for Payment No. 6 in the amount of <br />$94,158.37 for final payment and release of retainage. <br />FUNDING <br />Funding for the final payment is budgeted and available as follows: <br />Road & Bridge Petition Paving Materials <br />Account No. 18521441-035510 <br />Vero Lake Estates <br />($57,305.06) <br />Road & Bridge Petition Paving Materials <br />Account No. 185-206000 <br />RETAINAGE - Vero Lake Estates <br />($36,853.31) <br />The total cost of the millings for Phase I is $771,026.75. In accordance with Board direction, <br />25% ($192,756.69) of Phase I costs will be reimbursed to the Vero Lake Estates MSBU (Fund <br />185) from Secondary Roads (Fund 109) now that the project (Phase 1) is complete. <br />70 <br />F,\Public Wodcs\ENGMEERING DIVISION PROJECTS\1314-107th Ave Milling_90th St to 94th St\Admin\agenda items\13CC Agenda CO No. I, Final Pay and <br />Release of Retainage 3-1-2016.doc <br />