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INDIAN RIVER COUNTY, FLORIDA <br /> MEMORANDUM U�t <br /> K <br /> TO: Joseph A. Baird, County Administrator <br /> THROUGH: /14c' <br /> hristopher R. Mora, P.E., Public Works Directo <br /> FROM: hristopher J. Kafer,Jr., P.E., County Enginee�w <br /> SUBJECT: Release of Retainage- Professional Services Agreement with <br /> Carter Associates, Inc. IRC Project No. 9810B <br /> 66th Avenue Paving Improvements, Phase 2 (4th Street to 16th Street) <br /> DATE: June 4, 2013 <br /> DESCRIPTION AND CONDITIONS <br /> Indian River County entered into a Professional Services Agreement with Carter Associates,Inc.on <br /> November 17, 1998 for the above subject project and eighteen (18) amendments have been <br /> executed for additional services, bringing the current total for the Agreement to$706,925.00. <br /> The original agreement stated "a 10% retainage will be withheld by the COUNTY until Final <br /> Payment." To date, Indian River County has withheld$61,685.68 in retainage. Carter Associates, <br /> Inc. has requested release of retainage for completed design-related services. Carter Associates, <br /> Inc. has submitted Application for Payment No. 10311-2, dated June 4, 2013, in the amount of <br /> $57,600.68 for release of retainage for completed design related services. <br /> FUNDING <br /> Funding is budgeted and available from the following accounts: <br /> Traffic Impact Fees, District 2 Retainage Account No. 102-206000-00009 <br /> 66th Avenue (SR60 to 5th Street SW) ($4,673.82) <br /> Utilities Retainage Account No.471-206000-10506 <br /> 66th Ave Water Main Conflict(4th St—12th St) ($749.00) <br /> Secondary Roads Gas Tax Retainage Account No. 109-206000-00009 <br /> 66th Avenue (SR60 to 5th Street SW) ($18,730.08) <br /> Traffic Impact Fees, District 2 Retainage Account No. 102-206000-06021 <br /> 66th Avenue (12th Street to SR60) ($28,668.77) <br /> Secondary Roads Gas Tax Retainage Account No. 109-206000-06021 <br /> 66th Avenue (12th Street to SR60) ($3,492.95) <br /> Optional Sales Tax/Road & Bridge Account No. 315-206000-06021 <br /> 66th Avenue (12th Street—SR60) ($1,286.06) <br /> FAPubk Works\ENGINEERING DIVISION PROJECTS\9810&66th Ave Ph 2 4th St to 16th St\Admhnlegenda items\9810 BCC Agn Release Retainage 06-04-2013.doc 100 <br />