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Jackie Robinson Training Complex Walking Trail (IRC -1908) <br />Release of Retainage and Change Order No. 1 <br />For December 17, 2024 Meeting <br />Change Order No. 1 is to make final adjustments to contract bid items for a decrease to the total <br />contract (including the amount paid for the pedestrian bridge) by $434,188.30, resulting in a final <br />contract price of $888,791.34. <br />Prince Land, Inc. has completed the project and has been paid $844,351.77 with $44,439.57 held in <br />retainage. Prince Land, Inc. has submitted Contractor's Application for Payment No. 1908-8FINAL <br />for release of retainage in the amount of $44,439.57. <br />FUNDING <br />Funding in the amount of $44,439.57 for release of retainage is budgeted and available from <br />Account No. 315-206000-19021/ Optional Sales tax/J RTC Walking Trail/Retainage-Prince Land, Inc. <br />Account Description <br />Account Number <br />Amount <br />Optional Sales tax/JRTC Walking <br />Trail/Retainage-Prince Land, Inc <br />315-206000-19021 <br />$44,439.57 <br />RECOMMENDATION <br />Staff recommends approval of Change Order No. 1 and payment of Contractor's Application for <br />Payment No. 1908-8FINAL to Prince Land, Inc. in the amount of $44,439.57 for release of retainage. <br />ATTACHMENTS ARE AVAILABLE FOR VIEWING IN ENGINEERING DIVISION <br />1. Contractor's Application for Payment No. 1908-8FINAL <br />2. Change Order No. 1 <br />APPROVED AGENDA ITEM FOR DECEMBER 17, 2024 <br />C:\Gra icus\Legistar5\L5\Temp\f7d3bd84-Oea5-465f-Sfcc-6a7c35bdeO4e.doc 68 <br />