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SSV
<br />Consent Item
<br />Indian River County, Florida
<br />Department of Utility Services
<br />Board Memorandum
<br />Date: May 25, 2023
<br />To: Indian River County Board of County Commissioners
<br />Through: John A. Titkanich, Jr., County Administrator
<br />Sean C. Lieske, Director of Utility Services
<br />Prepared by: Robert J. Tobar, EI, Utility Design Engineer
<br />Subject: Release of Retainage to Centerline, Inc., for North Sebastian Septic to Sewer and Water
<br />Project Phase 2
<br />Description and Conditions:
<br />On April 20, 2021, the Indian River County (IRC) Board of County Commissioners (BCC) awarded the North
<br />Sebastian Septic to Sewer and Water Project Phase 2 to Centerline, Inc. (Centerline) in the amount of
<br />$3,881,269.00. On June 22, 2021, the BCC approved Change Order #1 in the amount of $159,297.70. On
<br />February 21, 2023, the BCC approved Change Order #2 in the amount of $260,866.00. These two change
<br />orders increased the total contract value to $4,301,432.70.
<br />Centerline was issued a Notice to Proceed on June 28, 2021, and has now tin s e e project and
<br />submitted their request for release of retainage.
<br />Analysis:
<br />Centerline has successfully completed all of the tasks described in the scope of work for a total invoiced
<br />amount of $4,237,767.78, which includes a release of retainage value of $211,888.39. An amount of
<br />$63,664.92 from the total contract value was not used for construction, thus lowering the total invoice
<br />amount.
<br />At Resolution III, the construction cost was estimated to be $4,100,000.00, but ended up costing
<br />$4,237,767.78. Water construction came in under budget by $455,781.33, but sewer construction came in
<br />over budget by $593,549.11, primarily due to change orders. The total project value came in over budget
<br />by $137,767.78.
<br />Item Description Estimated Construction Cost at
<br />Resolution III
<br />Actual Project Cost at the end of Project
<br />Sewer $ 2,094,463.38
<br />$ 2,688,012.49
<br />Water $ 2,005,536.62
<br />$ 1,549,755.29
<br />TOTAL $ 4,100,000.00
<br />$ 4,237,767.78
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