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TOTAL AMOUNT OF BID <br />$403,504.00 <br />SOURCE OF FUNDS Utilities Assessment Fund <br />473-000-169-230.00 <br />ESTIMATED BUDGET <br />RECOMMENDATION <br />$406,705.00 <br />Staff recommends that the bid be awarded to Treasure Coast <br />Contraati g as the lowest, most responsive and <br />responsible bidder meeting specifications as set forth <br />in the Invitation to Bid. <br />In addition, staff requests Board approval of the attached <br />Agreement as to form, when all requirements are met and <br />approved by the County Attorney. <br />ON MOTION by Commissioner Eggert, SECONDED by <br />Commissioner Bird, the Board unanimously <br />awarded Bid #5081 and approved an agreement <br />with Treasure Coast Contracting in the amount <br />of $403,504.00, as recommended by staff in the <br />memorandum. <br />CONTRACT ON FILE IN THE OFFICE OF THE CLERK TO THE BOARD <br />EVALUATION OF SUBMERGED REEF TECHNOLOGY - FINAL <br />PAYMENT TO FLORIDA INSTITUTE OF TECHNOLOGY <br />The Board reviewed a Memorandum of July 11, 1995: <br />TO: James E. Chandler, <br />County Administrator <br />THROUGH: James W. Davis, P.E., <br />Public Works Director CP <br />FROM: Don G. Donaldson, <br />Coastal Engineer <br />SUBJECT: <br />DATE: <br />Evaluation of Submerged Reef Technology - Final Payment <br />July 11, 1995 FILE: FITFINAL.AGN <br />DESCRIPTION AND CONDITIONS <br />In September, 1994, Indian River County and the Florida Institute <br />of Technology (FIT) entered into an agreement for FIT to provide <br />engineering models of the PEP Reef, professional engineering <br />recommendations, and additional related miscellaneous services. <br />After some delay, FIT completed the report in May, 1995. <br />39 <br />July 18, 1995 <br />BOOK 95 PAGE 739 <br />