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the.Architect to evaluate cost saving measures (value engineering) to <br />reduce project scope or design, material costs, or modification of other <br />project elements, while maintaining the objectives of the New <br />Improvements, and rebid the Project; or (2) the Project shall not proceed <br />and this Interlocal Agreement shall expire. In the event the Project is <br />completed at a total cost that is less than the New Improvements <br />Construction Budget, St Lucie County shall return the remainder to the <br />Counties per their pro rata share contribution. <br />v. Nothing in this Agreement shall obligate the Counties to provide funding <br />for the construction of the Facility in excess of the approved New <br />Improvements Construction Budget. The monies provided by the Counties <br />to fund the approved New Improvements Construction Budget shall be <br />used to fund the New Improvements only and for no other purpose. <br />(1) Change Orders that increase the New Improvements Construction <br />Budget shall be addressed as set forth in the Interlocal Agreement. <br />Change Orders related to the approved architectural plans that <br />maintain the construction costs within the New Improvements <br />Construction Budget or for other non -monetary relief, including time, <br />may be approved by St. Lucie in its sole discretion, with notice and <br />copy of the Change Order to the Non -Trustee Parties. Change Orders <br />adding new work scope requires unanimous approval by the Counties <br />per the Interlocal Agreement. <br />(2) Judgments or rulings on claims raised by the Contractor, and all <br />defense or prosecution costs incurred by St. Lucie, shall be paid by the <br />Counties in accordance with their pro rata sharing of costs as set forth <br />in Paragraph 4(a)(ix) of the Interlocal Agreement. Settlements on any <br />such claims or judgments must be unanimously approved by the <br />Counties, and upon approval, shall be paid by the Counties in <br />accordance with their pro rata sharing of costs as set forth in the <br />Interlocal Agreement <br />vi. The Construction Contract shall, inter alia, include each of the following <br />requirements related to all work under the Construction Contract: <br />1. the furnishing of a public construction bond in a form consistent with <br />Section 255.05, Fla. Stat., with St. Lucie named as co -obligee; <br />2. retainage in an amount acceptable to St. Lucie for the Work, until the <br />Completion of the Work (including a retainage of 5% of the total value <br />of the construction contract) and required at 50% completion as set <br />forth in Section 255.078, Fla. Stat.; <br />3 <br />