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A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />RYAN L. BUTLER, CLERK <br />Indian River County BOCC Derelict Vessel Removal Project FWC Contract No. #24230 <br />Grantee to the contractor(s) for services not associated with this Agreement, those service and <br />corresponding amounts must be annotated and clearly separated in the proof of payment <br />documentation submitted. <br />Section 7. FINANCIAL CONSEQUENCES <br />In addition to nonpayment for tasks which are not satisfactorily or timely completed, or for failure to correct <br />any project deficiencies, as noted in the final project inspection, the Commission may impose a financial <br />consequence of twenty percent (20%) of the total contract amount for failure to complete any tasks <br />satisfactorily or timely, or for failure to correct any project deficiencies, as noted in the final project <br />inspection. <br />The final project inspection will be done by a Commission officer verifying that the entire vessel for each <br />task has been removed according to the project plan. <br />Failure of Grantee to have all receipts and evidence of project performance delivered to FWC on or before <br />4/30/2025 before close of business may jeopardize payment of funds to the Grantee per the Agreement. <br />Attachment A: Scope of Work Last Revised: 3.23.2023 Page 5 of 5 <br />