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gD <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown, County Administrator <br />FROM: Richard B. Szpyrka, P.E., Public Works Director <br />SUBJECT: Partial Release of Retainage — Borrelli & Partners, Inc. <br />Intergenerational Recreation Facility at South County Regional Park <br />IRC Project No. 1135 RFQ No. 2012024 <br />DATE: May 31, 2017 <br />DESCRIPTION AND CONDITIONS <br />On March 20, 2012, the Board of County Commissioners approved an agreement with Borrelli & <br />Partners, Inc., to provide architectural and engineering services for the Intergenerational Recreation <br />Facility at South County Regional Park in the amount of $613,232.03. Subsequently, three (3) <br />amendments to the original agreement were approved increasing the total amount of the <br />agreement to $864,625.03. <br />On July 10, 2014 Borrelli & Partners, Inc., was paid $22,540.13 for the release of 5% retainage once <br />design services had reached 50%. Indian River County is holding $42,246.08 in retainage and <br />Borrelli & Partners, Inc. is now requesting partial release of the retainage in the amount of <br />$19,510.00. The remaining balance of retainage being held will be $22,736.08. <br />FUNDING <br />Funding is budgeted and available from the following accounts: <br />Impact Fees Retainage <br />Account No. 103-206000-03028 <br />South County Intergenerational Rec Facility <br />($17,426.84) <br />Optional Sales Tax Retainage/Parks & Recreation <br />Account No. 315-206000-03028 <br />South County Intergenerational Rec Facility <br />($2,083.16) <br />Staff recommends approval of Borrelli & Partners, Inc. Invoice No. RETAINAGE No. 2, dated May <br />31, 2017 in the amount of $19,510.00 for partial release of retainage for design services for the <br />Intergenerational Recreation Facility at South County Regional Park. <br />ATTACHMENTS <br />Borrelli & Partners, Inc. Invoice No. RETAINAGE No. 2 <br />DISTRIBUTION <br />Borrelli & Partners, Inc. <br />APPROVED AGENDA ITEM FOR JUNE 13, 2017 <br />F:\Public Works\ENGINEERING DIVISION PROJECTS11135-S County Park Inter, <br />items\BCC Agenda for Borrelli Design Partial Release of Retainage 6-13-2017.doc <br />P62 <br />