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BOOK J j�� i num <br />Fund; and authorized execution of an emergency purchase <br />order, as recommended in the Memorandum. (These services <br />are eligible for up to 87.5% reimbursement of the cost.) <br />11.G.2. DONALD MacDONALD PARK IMPROVEMENTS - <br />PROJECT NO. 9625A - SUMMIT CONSTRUCTION MANAGEMENT, <br />INC. - FINAL PAY REQUEST AND RELEASE OF RETAINAGE <br />The Board reviewed a Memorandum of January 12, 2000: <br />TO: James Chandler, County Administrator <br />THROUGH: James W. Davis, P.E., Public Works Direct <br />FROM: Christopher J. Kafer, Jr., P.E., County Engineer, <br />SUBJECT: Donald MacDonald Park Improvements - IRC Pr4ect No. 9625A - Final Pay <br />Request and Release of Retainage <br />DATE: January 12, 2000 <br />DFSCRTPTION ANT) CONDITIONS <br />Indian River County executed the Construction Contract for Donald MacDonald Park Improvements <br />on July 6, 1999. The original contract was $252,717.00. One (1) previous Change Order totaling <br />$1,469.00 changed the total contract amount to $254,186.00. <br />The contractor, Summit Construction Management, Inc., has received $228,767.40 to date and is <br />requesting the release of retainage for a final payment of $25.418.60. The Contractor has submitted <br />a signed Final Payment Affidavit. A payment bond is in effect for this contract. <br />AT TERNATTVES ANT) ANAT.YSTS <br />Alternative No. 1 <br />Approve the final pay request in the amount of $25,418.60, which is the retainage. <br />Alternative No. 2 <br />Deny the final pay request. <br />RECOMMFNDATIONS <br />Staff recommends approval of Alternative No. 1. Funding will be from Account No. 315-210-572- <br />068.07. <br />February 1, 2000 <br />62 <br />• • <br />