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11.A. TERMINATION OF INTERCHANGE JUSTIFICATION REPORTaJJ STUDY AND APPROVAL OF FINAL CONSULTANT PAYMENT - OSLO ROAD AND I-95 INTERCHANGE - REYNOLDS, SMITH & HILLS The Board reviewed a Memorandum of May 2, 2000: TO: James E. Chandler County Administrator FROM: Robert M. Keating, AICP,`Af< Community Development Director DATE: May 2, 2000 SUBJECT: Termination of Interchange Justification Report Study and Approval of Final Consultant Payment It is requested that the information presented herein be given formal consideration by the Board of County Commissioners at its meeting of May 9, 2000. DESCRIPTION AND CONDITIONS: One of the improvements reflected in both the Metropolitan Planning Organization's (MPO's) long- range transportation plan and the transportation element of the County's comprehensive plan is an interchange at Oslo Road and I-95. Despite the Oslo interchange being incorporated in those local plans, that interchange project may not be initiated unless the Florida Department of Transportation (FDOT) and the Federal Highway Administration (FHWA) determine, through approval of an interchange justification report, that the interchange is warranted. In 1998, FDOT allocated Indian River County $70,000 to prepare an. Oslo Road/I-95 Interchange Justification Report (DR). The FDOT funding allocation was formalized through a Joint Participation Agreement (JPA) which the County and FDOT entered into in February of 1998. Subsequent to execution of the JPA, County staff prepared an IJR scope of services, developed a request for proposals, and initiated consultant selection for the project. In August, 1998, the County contracted with the firm of Reynolds, Smith and HEs, Inc. (RSH) to prepare the Oslo Road UR. The contract was structured as a fixed fee agreement with a total amount of $69,963.28. MAY 09, 2000 • -51- BOOK i JJ FAGE -343