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CONSENTAGENDA <br />BCC Meeting 1217121 <br />INDIAN RIVER COUNTY, FLORIDA <br />INTEROFFICE MEMORANDUM <br />Department of General Services <br />Parks & Recreation — Conservation Lands <br />Date: November 23, 2021 <br />To: The Honorable Board of County Commissioners <br />Through: Michael Zito, Asst. County Administrator <br />Kevin Kirwin, Director Parks & Recreation <br />From: Beth Powell, Assistant Director Parks & Conservation Resources <br />Subject: Final Pay to Summerlin's Marine Construction, Inc. for Oslo Riverfront <br />Conservation Area <br />DESRIPTIONS AND CONDITIONS <br />On November 5, 2019, the Board of County Commissioners awarded Bid No. 2019037 to <br />Summerlin's Marine Construction, Inc. in the amount of $111,702.00 to reconstruct the Oslo <br />Riverfront Conservation Area Overlook. <br />Change Order No. 1 makes final adjustments to contract bid items resulting in an increase of the <br />total contract amount by $10,800 for a final cost of $122,502.00. This change order is due to <br />increased cost of materials due to supply chain issues and addition of aluminum hand rails required <br />by the Indian River County Building Department. <br />Summerlin's Marine Construction, Inc. has successfully completed the project and has been paid <br />$100,531.80 with 10% of the original contract price ($11,170.20) held in retainage. Summerlin's <br />Marine Construction, Inc. has submitted Contractor's Application for Payment for release of <br />retainage and Change Order No. 1 in the amount of $21,970.20. <br />FUNDING <br />Funding for the final payment and release of retainage in the amount of $21,970.20 is available in <br />the Optional Sales Tax/Parks/Oslo Riverfront Conservation Area account, number 31521072- <br />066510-18002. <br />Description. <br />Account Number: <br />Amount: <br />Optional Sales Tax/Parks/Oslo Riverfront Conservation Area <br />31521072-066510-18002 <br />$21,970.20 <br />70 <br />