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Ut <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Jason E. Brown, County Administrator <br />DEPARTMENT HEAD CONCURRENCE <br />THROUGH: Phillip J. Matson, AICP; Community Development Director <br />FROM: Scott McAdam, CBO; Building Official <br />SUBJECT: Interior Renovation of the Indian River County Building and Fire Divisions <br />Release of Retainage <br />DATE: December 13, 2021 <br />It is requested that the data herein presented be given formal consideration by the Board of <br />County Commissioners at its regular meeting of January 18, 2022. <br />DESCRIPTION AND CONDITIONS <br />On October 6, 2020, the Board of County Commissioners awarded Bid No. 2020057 to Hedrick <br />Brothers Construction Co., Inc. in the amount of $763,442 for the interior renovation of the Indian <br />River County Building and Fire Divisions, which included a reconfiguration of all areas of the Building <br />and Fire Division offices. <br />Change Order No. 6 is to make final adjustments to contract bid items for an increase to the total <br />contract price by $56,699.05 for a final cost of $820,141.05 <br />Hedrick Brothers Construction Co., Inc. has successfully completed the project and has been paid <br />$779,134 with $41,007.05 held in retainage to date. Hedrick Brothers Construction Co., has submitted <br />Contractor's Application for Payment No. 12 REV2 for release of retainage in the amount of <br />$41,007.05. <br />FUNDING <br />Funding in the amount of $41,007.05 is budgeted and available from the following account: <br />Building Department Expansion 441-206000-20019 <br />Retainage/ Hedrick Brothers Construction Co., $41,007.05 <br />Inc. <br />42 <br />