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STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION. STATE -FUNDED GRANT SUPPLEMENTAL AGREEMENT SUPPLEMENTAL NO. 02 CONTRACT NO. G1 P92 FPN 436379-1-54-01: 436379-1-54-02 Recipient: INDIAN RIVER COUNTY This Supplemental Agreement ("Supplemental"), dated 525-010-60 PROGRAM MANAGEMENT 12118 Page 1pf2 A TRUE COPY CERTIFICATION ON LAST PAGE J.R. SMITH, CLERK arises from the desire to supplement the State - Funded Grant Agreement ("Agreement") entered into and executed on May 22nd. 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 extends the Term of the Agreement. Paragraph 3 of the Agreement is amended to read as follows: This Agreement shall commence upon full execution by both Parties and the Recipient shall complete the Project on or before June 30, 2022. This Amendment increases the total funding needed for the Construction and CEI Services of the Project by FIVE MILLION THREE HUNDRED SIXTY SIX THOUSAND THREE HUNDRED SEVENTEEN DOLLARS AND NO CENTS ($5,366,317.00). Paragraph 6a of the Agreement is amended to read as follows: The estimated cost of the Project is $37,226,671.00. This amount is based upon the Schedule of Financial Assitance in Exhibit "B", attached and incorporated into 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 maximum amount of $18,613,335.00 and, additionally the Department's participation in the Project shall not exceed 50% 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 increase is due to the actual accepted bid being higher than the original cost estimate for Construction and CEI services