Laserfiche WebLink
nz <br />I <br />INDIAN RIVER COUNTY, FLORIDA <br />MEMORANDUM <br />TO: Board of County Commissioners <br />THROUGH: John A. Titkanich, Jr., County Administrator <br />Nancy A. Bunt, Assistant County Administrator <br />Addie Javed, PhD, P.E., CFM, Public Works Director <br />Kirstin Leiendecker, P.E., Assistant Public Works Director <br />Mark Winslow, P.E., Project Engineer <br />FROM: <br />SUBJECT: <br />DATE: <br />Jill Williams, Contract Support Specialist <br />Final Payment, Release of Retainage and Change Order No. 1 <br />Trans -Florida Railway Trail from Fellsmere to West of 1-95 (IRC -2115;) <br />November 1, 2024 <br />DESCRIPTION AND CONDITIONS <br />On October 31, 2023, the Board of County Commissioners awarded Bid No. 2024006 to Timothy Rose <br />Contracting, Inc. in the amount of $1,097,499.00 for the construction of the Trans -Florida Railway Trail <br />from Fellsmere to West of 1-95. The trail consists of a coquina base and an asphalt surface, <br />approximately 1.4 miles long that includes some drainage improvements and trail signage. It runs <br />within an abandoned railroad line from the City of Fellsmere to west of 1-95 at the terminus of the <br />Pedestrian Overpass. <br />Change Order No. 1 is to make final adjustments to contract bid items for a decrease to the total <br />contract by $91,562.39 resulting in a final contract price of.$1,005,936.61. <br />Timothy Rose Contracting, Inc. has completed the project and has been paid $942,214.25, with <br />$49,590.22 held in retainage. Timothy Rose Contracting, Inc. has submitted Contractor's Application for <br />Payment No. 2115-9 for final payment in the amount of $14,132.14 and release of retainage in the <br />amount of $49,590.22 for a total of $63,772.36. <br />Following Board approval for closeout, the Parks, Recreation & Conservation Department will maintain <br />the newly constructed trail. <br />FUNDING <br />Funding, in the amount of $63,772.36 will come from the following account numbers: <br />Account Description <br />Account Number <br />Amount <br />Optional Sales Tax/Trans Florida <br />31521441-066510-21035 <br />$14,132:14 <br />Greenway PH II <br />Optional Sales Tax/Trans Florida <br />315-206000-21035 <br />$49,590.22 <br />Greenway PH II/Retainage — Tim Rose <br />Contracting <br />75 <br />