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• <br /> 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: Christopher J. Kafer, Jr., P.E., County Engineer <br /> SUBJECT: Change Order No. 1 and Release of Retainage <br /> Oslo Road Phase III (58th Avenue to 43rd Avenue) <br /> IRC Project No. 0517 Bid No. 2012036 <br /> DATE: December 5, 2014 <br /> DESCRIPTION AND CONDITIONS <br /> On May 22,2012,the Indian River County Board of Commissioners awarded Bid No.2012036 in <br /> the amount of$3,812,202.37 to Timothy Rose Contracting,Inc.for the widening of Oslo Road to <br /> a 4-lane divided highway configuration from 58th Avenue to 43rd Avenue. The widening <br /> includes medians, left turn and u-turn lanes, an 8' wide sidewalk on the north side of the <br /> roadway, extensive drainage modifications, landscaping, pavement markings and new traffic <br /> signals at 43rd Avenue and 58th Avenue. The project also includes the widening of the bridge <br /> over the Indian River Farms Water Control District Lateral "B" Canal (581h Avenue). <br /> The project has been completed and Change Order No. 1 is to make final adjustments to bid <br /> line items to decrease the total contract price by $81,002.18 for a final contract price of <br /> $3,731,200.19 and to add time to contract for delays caused by utility conflicts, weather, and <br /> design modifications. <br /> Timothy Rose Contracting, Inc. has been paid $3,544,640.18 to date,with $186,560.01 held in <br /> retainage. Timothy Rose Contracting, Inc. has submitted Pay Application No. 18 in the amount <br /> of$186,560.01 for release of retainage. <br /> FUNDING <br /> Payment for Timothy Rose Contracting, Inc. Pay Application No. 18 is budgeted and available <br /> from the following: <br /> Traffic Impact Fees/District 3 Account No. 102-206002-05004 <br /> Oslo Road (58th Ave-43rd Ave) Retainage ($127,326.31) <br /> Secondary Roads Gas Tax Account No. 109-206000-05004 <br /> Oslo Road (58th Ave—43rd Ave) Retainage ($56,677.20) <br /> Utilities Relocations Account No.471-206000-14502 <br /> Oslo Road Retainage ($2,556.50) <br /> P:`,Public Works1LNGINLLRING DIVISION PROJLCTS,0517-OSLO ROAD-43rd Ave to 58th Ave-Phase III\Adrnini'agenda itemslBCC Agenda Change Order 37 <br /> No.1 Release Retainagedoe <br />