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?G <br />INDIAN RIVER COUNTY, FLORIDA <br />BOARD MEMORANDUM <br />TO: Jason E. Brown <br />County Administrator <br />THROUGH: Richard B. Szpyrka, P.E. <br />Public Works Director <br />FROM: James D. Gray, Jr. <br />Coastal Engineer <br />SUBJECT: Post Hurricane Matthew Emergency Dune Restoration Projects — <br />County Beach Parks <br />Full Release of Retainage — Guettler Brothers Construction, LLC. <br />DATE: March 22, 2017 <br />DESCRIPTION AND CONDITIONS <br />On December 6, 2016, Indian River County contracted with Guettler Brothers <br />Construction, LLC. (Guettler) for construction services in connection with Post Hurricane <br />Matthew Emergency Dune Restoration Projects along a number of County maintained <br />beach parks. All work is 100% completed. Note: As a result of natural recovery of sand <br />to the dunes not all the contacted sand was required to construct the emergency dune <br />repair projects. As such, the original contract amount of $217,450 was reduced by <br />$9,307.35 to account for 432.90 cubic yards (CY) of sand, at a rate of $21.50/CY, not <br />needed for the project. Therefore, the final contact amount was $208,142.65. To date, <br />the County is withholding 5% or $10,407.13 of the $208,142.65 contact amount. <br />Guettler has submitted a final invoice (Application for Payment No. 2) requesting the <br />release of withheld retainage in the amount of $10,407.13. <br />Pursuant to the construction contract, Guettler has also submitted a Final Certification <br />notifying the County that all liens of all firms and individuals contracting directly with or <br />directly employed by Guettler have been paid in full. <br />FUNDING <br />Local funding of Beach Restoration includes a portion of Local Option Tourist Tax Revenue <br />as well as allocation of the One Cent Sales Tax. Funding for the release of retainage is <br />from Account No. 128-206001-17001. <br />C:\Users\GRANIC—I\AppData\Local\Temp\BCL Technologies\easyPDF <br />7\@BCL@AC054CAA\@BCL@AC054CAA.docx <br />P95 <br />