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BOOK 107 PnE <br />11.G.1. LATERAL J CANAL AND SUB -LATERAL J-5 CANAL - <br />HIGHLAND DRIVE SW - PROJECT NO. 9607 - CULVERT <br />REPLACEMENT - FINAL PAY REQUEST AND RELEASE OF <br />RETAINAGE - SHELTRA & SONS CONSTRUCTION CO. <br />The Board reviewed a Memorandum of September 16, 1998: <br />TO: James Chandler <br />County Administrator <br />THROUGH: James W. Davis, P.E. 45> <br />Public Works Director , <br />FROM: Michelle A. Gentile, CETT jL <br />Civil Engineer <br />SUBJECT: Culvert Replacement in the Lateral J Canal and Sub -Lateral J-5 Canal on <br />Highland Drive SW - IRC Project No. 9607 - Final Pay Request and Release <br />of Retainage - Sheltra & Sons Construction Co. <br />DATE: September 16, 1998 <br />DESCRIPTION AND CONDITIONS <br />Indian River County executed the Construction Contract for Culvert Replacements in the Lateral J <br />and Sub -Lateral J-5 Canals on I-Eghland Drive SW on December 9, 1997. The original contract was <br />for $156,187.00. Change Order No. 1 changed the contract completion date from January 31, 1998 <br />to May 18, 1998. The Final Change Order, which is Change Order No. 2, presented with the Final <br />pay Request increases the contract amount by $1,692.00 to a total of $157,879.00. The Contractor <br />has received $136,068.36 to date and is requesting release of retainage for a final payment of <br />$21,810.70. The Contractor has submitted the Release of Liens for the project and a payment bond <br />is in effect for this contram <br />Alternative No. 1 - Approve the final pay request in the amount of $21,810.70, which includes the <br />balance due, retainage, and Change Order No. 2 and authorize the Chairman to execute Change <br />Order No. 2. <br />Alternative No. 2 - Deny the final pay request and change order. <br />RECON VIENDATIONS AND FUNDING <br />Staff recommends Alternative No. 1. Funding to be from the Local Option Sales Tax Account <br />Number 315-214-541-066.51. <br />OCTOBER 6, 1998 <br />