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S I A I1 OF 1 t ORIOA UI PAN I MINI OF TRANSPOR I A I ION <br />STATE -FUNDED GRANT <br />SUPPLEMENTAL AGREEMENT <br />SUPPLEMENTAL NO. <br />1 <br />CONTRACT NO. <br />G2720 <br />FPN <br />441919-1-54-01 <br />Recipient: Indian River County <br />This Supplemental Agreement ("Supplemental"), dated <br />525-010-60 <br />PROGRAM MANAGEMENT <br />1218 <br />Page 1 of 2 <br />arises from the desire to supplement the <br />State -Funded Grant Agreement ("Agreement") entered into and executed on March 24, 2022 as identified above. All <br />provisions in the Agreement and supplements, if any, remain in effect except as expressly modified by this Supplemental. <br />The parties agree that the Agreement is to be amended and supplemented as follows: <br />This Supplement increases the Department's participating amount needed for the Construction and CEI Services of the <br />Project by FOUR HUNDRED SEVENTY-FIVE THOUSAND EIGHT HUNDRED EIGHTEEN DOLLARS AND ZERO <br />CENTS ($475,818.00). <br />The Exhibit A Deliverables and the Exhibit B Schedule of Financial Assistance of the agreement are deleted and <br />replaced with Exhibit A Deliverables and Exhibit B Schedule of Financial Assistance of this Amendment which are <br />attached hereto and made a part thereof. <br />Paragraph 6a of the Agreement is amended to read as follows: <br />The estimated cost of the Project is FIVE MILLION FIVE HUNDRED FIFTY-EIGHT THOUSAND SIX HUNDRED <br />SEVENTY-ONE DOLLARS AND ZERO CENTS ($5,558,671.00).This amount is based upon the Schedule of Financial <br />Assistance in Exhibit B, attached and incorporated in this Supplement. The Schedule of Financial Assistance may be <br />modified by execution of an amendment of the Agreement by the Parties. <br />Paragraph 6b of the Agreement is amended to read as follows: <br />The Department agrees to participate in the Project cost up to the maximum amount of THREE MILLION EIGHT <br />HUNDRED FORTY-FIVE THOUSAND SEVEN HUNDRED TWENTY-FOUR DOLLARS AND ZERO CENTS <br />($3,845,724.00) and additionally the Department's participation in the Project shall not exceed 75% of the total cost of <br />the Project, and as more fully described in Exhibit B of this Supplemental, Schedule of Financial Assistance, attached <br />hereto and made a part hereof. The Department's participation is increased based on the actual bids being higher than <br />the original estimated amount. The Recipient agrees to bear all expenses in excess of the amount of the Department's <br />participation and any cost overruns or deficits incurred in connection with completion of the Project. <br />The Scope of Services, Exhibit A of the Agreement are unchanged and shall remain in full force and effect. <br />Reason for this Supplemental and supporting engineering and/or cost analysis: <br />This Supplemental Agreement increases the Department's participating amount by FOUR HUNDRED SEVENTY-FIVE <br />THOUSAND EIGHT HUNDRED EIGHTEEN DOLLARS AND NO CENTS ($475,818.00) revising the original State <br />Funded Agreement total project cost with the Department's bid concurrence and Local Agency construction contract/bid <br />award. Based on a project scope review, this supplemental updates the deliverables to include the CEI classifications <br />necessary for the project. <br />