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7.G. Fiber Optic Cable Contract — Final Payment — Precision Contracting <br />Services, Inc. (PCS) <br />The Board reviewed a Memorandum dated August 4, 1997: <br />Date: August 4, 1997 <br />To: Honorable Board of County Commissioners <br />Thru: James E. Chandler <br />County Administrator <br />From: H.T. "Son"" Dean, Director <br />Department of General Se es <br />Subject: Fiber Optic Cable Contract - Final Payment <br />BACKGROUND: <br />CONSENT AGENDA <br />On August 13, 1996 the Board approved a contract amendment with Precision Contracting Services, Inc. <br />(PCS) to purchase all necessary cable electronic equipment, install said equipment and perform the <br />necessary integration work for the new 800MHz radio system. The cost to perform this work was not to <br />exceed $363,245. <br />In accordance with policy, staff has held a 5% retainage until such time as this portion of the system was <br />completed and properly performing. PCS has completed their scope of work as specified in the contract. <br />In accordance with the contract PCS has requested their retainage be released <br />RECOMMENDATION: <br />Staff recommends Board approval to release the retainage of $6,100.87 to PCS as per the agreed on <br />contract. <br />ON MOTION by Commissioner Ginn, SECONDED BY <br />Commissioner Adams, the Board unanimously approved <br />release of the retainage of $6,100.87 to PCS as per the agreed <br />on contract, as recommended in the Memorandum. <br />7.H. Indian River County Jail — Fire Alarm and Fire Sprinklers Repair <br />August 12, 1997 <br />The Board reviewed a Memorandum dated August 1, 1997: <br />29 <br />090K 1U42 f'ACE �3 2 <br />