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2020-056
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Last modified
3/1/2021 12:50:16 PM
Creation date
4/14/2020 10:49:36 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
04/07/2020
Control Number
2020-056
Agenda Item Number
8.F.
Entity Name
Florida Department of Transportation (FDOT)
Subject
Transportation Regional Incentive Program (TRIP) Supplemental Agreement No. 1
Project No. IRC-1505, FM No. 436379-1-54-01;436379-1-54-02
Project Number
Project No. IRC-1505,
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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION <br />STATE -FUNDED GRANT <br />SUPPLEMENTAL AGREEMENT <br />SUPPLEMENTAL NO. <br />CONTRACT NO. <br />G-1952 <br />FPN <br />436379-1-54-01: 436379-1-54-02 <br />Recipient: INDIAN RIVER COUNTY <br />This Supplemental Agreement ("Supplemental"), dated <br />A TRUE COPY <br />CERTIFIW Q3QA � AGE <br />J.R. SMITH, CLERK 12/18 <br />Page 1 of 2 <br />arises from the desire to supplement the <br />State -Funded Grant Agreement ("Agreement") entered into and executed on May 22nd, 2019 as identified above. All <br />provisions in the Agreement and supplements, if any, remain in effect except as expressly modified by this Supplemental. <br />The parties agree that the Agreement is to be amended and supplemented as follows: <br />This Amendment adds Financial Project Number (FPN) 436379-1-54-02 to this Agreement. <br />This Amendment also increases the total Department participation needed for the Construction and CEI Services of the <br />Project by EIGHT MILLION FIVE HUNDRED THOUSAND DOLLARS AND NO CENTS ($8,500,000.00). <br />Paragraph 6b of the Agreement is amended to read as follows: <br />The Department agrees to participate in the Project cost up to the maximun amount of $13,247,018.00 and, additionally <br />the Department's participation in the Project shall not exceed 50% of the total cost of the Project, and as more fully <br />described in Exhibit "B", Schedule of Financial Assistance. The Department's participation may be increased or <br />reduced upon a determination of the actual bid amounts of the Project by the execution of an amendment. The <br />Recipient agrees to bear all expenses in excess of the amount of the Department's participation and any cost overruns <br />or deficits incurred in connection with completion of the Project. <br />Paragraph 6c remains in full force and effect. <br />Reason for this Supplemental and supporting engineering and/or cost analysis: <br />The funding increase is for additional State funding for Construction and CEI services. <br />
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