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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION 525-010-60 STATE -FUNDED GRANT PROGRAM MANAGEMENT 12/18 SUPPLEMENTAL AGREEMENT Page 1 oil SUPPLEMENTAL NO 01 CONTRACT NO. G-1913 FPN 436850-1-54-01 Recipient: INDIAN RIVER COUNTY This Supplemental Agreement ("Supplemental"), dated March 51h, 2020 arises from the desire to supplement the State - Funded Grant Agreement ("Agreement") entered into and executed on May 21St, 2019 as identified above. All provisions in the Agreement and supplements, if any, remain in effect except as expressly modified by this Supplemental. The parties agree that the Agreement is to be amended and supplemented as follows: This Amendment decreases the total funding needed for the Construction and CEI Services of the Project by FIFTY EIGHT THOUSAND TWO HUNDRED ELEVEN DOLLARS AND FORTY CENTS ($58,211.40). Paragraph 6a of the Agreement is amended to read as follows: The estimated cost of the Project is $1,051,852.60. This amount is based upon the Schedule of Financial Assistance in Exhibit "B", attached and incorporated in this Amendment. Paragraph 6b of the Agreement is amended to read as follows: The Department agrees to participate in the Project cost up to the maximun amount of $788,889.45 and, additionally the Department's participation in the Project shall not exceed 75% of the total cost of the Project, and as more fully described in Exhibit "B", Schedule of Financial Assistance. The Department's participation may be increased or reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The Recipient agrees to bear all expenses in excess of the amount of the Department's participation and any cost overruns or deficits incurred in connection with completion of the Project. Pragraph 6c remains in full force and effect. Reason for this Supplemental and supporting engineering and/or cost analysis: The funding decrease is due to the actual accpeted bid being lower than the original cost estimate for Construction and CEI services.