Laserfiche WebLink
INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown, County Administrator <br />THROUGH: Richard B. Szpyrka P.E.; Public Works Director <br />James W. Ennis, P.E., PMP, Asst. Public Works Director <br />FROM: . Rob Skok, Infrastructure Project Manager <br />SUBJECT: County Welcome Signs <br />Release of Retainage and Change Order No. 1, IRC -1816 <br />DATE: June 15, 2021 <br />DESCRIPTION AND CONDITIONS <br />On August 18, 2020 the Board of County Commissioners awarded Bid No. 2020048 to Kenco Sign and <br />Awning, LLC. in the amount of $99,000.00 for the construction of landmark welcome signs at four <br />roadway entry points within the County. <br />Change Order No. -1 makes final<adjustme.nts-to,contract-bid•items-resulting ina-decrease change to <br />the-total-.contractarnountand.makes contract time adjustments. <br />Kenco Sign and Awning, LLC. has successfully completed the project and has been paid $94,050.00 <br />with $4,950.00 held in retainage to date. There was a slight discrepancy over how the wall caps were <br />finished and therefore, Kenco Sign and Awning, LLC. has submitted Contractor's Application for <br />Payment No. 4 for final payment in the amount of $2,475.00 for the release of retainage for a total of <br />$96,525:00. <br />FUNDING <br />Funding in the amount of $2,475.00 is budgeted and available from the following account: <br />Account Name Account No. <br />Secondary Roads/County Welcome Signs/ 109-206000-20033 <br />Retainage-Kenco Sign and Awning <br />14 <br />