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INDIAN RIVER COUNTY, FLORIDA Q .-- <br />MEMORANDUM U <br />TO: Joseph A. Baird, County Administrator <br />THROUGH: Richard B. Szpyrka, P.E., Public Works Directo <br />FROM: James W. Ennis, P.E., PMP, County Engineer <br />SUBJECT: Vero Lake Estates Asphalt Millings Project (Phase II) <br />Final Pay, Release of Retainage and Change Order No. 1 <br />DATE: May 31, 2016 <br />DESCRIPTION AND CONDITIONS <br />On July 14, 2015, the Indian River County Commissioners awarded Bid No. 2015039 for Vero <br />Lake Estates Asphalt Millings (Phase II) to Dickerson Florida, Inc. in the amount of $658,734.65 <br />as part of a prioritized list of roadway improvements recommended by the Vero Lake Estates <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 by $9,629.54 for a final cost of <br />$668,364.04. The additional cost was for swale grading to ensure proper drainage within the <br />project limits which was not part of the original contract. <br />Dickerson Florida, Inc. has been paid $558,026.36 with $62,002.93 held in retainage. Dickerson <br />Florida, Inc. has submitted Contractor's Application for Payment No. 7 in the amount of <br />$110,337.68 for final payment and release of retainage. Once final release of liens from all <br />Dickerson Florida, Inc. subcontractors have been received, payment will be processed. <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 />($48,334.75) <br />Road & Bridge Petition Paving Materials <br />Account No. 185-206000 <br />RETAINAGE - Vero Lake Estates <br />. ($62,002.93) <br />The total cost of the millings for Phase II is $668,364.04. In accordance with Board direction, <br />25% ($167,091.01) of Phase II costs will be reimbursed to the Vero Lake Estates MSBU (Fund <br />185) from Secondary Roads (Fund 109) now the project (Phase II) is complete. <br />31 <br />F-Tublic Works\ENGINEERING DIVISION PROJECTS\1317-85th St Milling_91st Ave to 101st Ave\Admin\agenda items\BCC Agenda Final Pay, Release of <br />Retainage and Change Order No. I.doc <br />