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, Florida Statutes: <br />334.044(7) <br />850-035-01 <br />PAVEMENT MANAGEMENT <br />OGC — 02/15 <br />Page 18 of 21 <br />EXHIBIT "B" <br />METHOD OF COMPENSATION <br />FINANCIAL PROJECT NO. 429567-1-58-01 <br />This is a cost reimbursement agreement. This exhibit forms an integral part of the Agreement <br />between the State of Florida, Department of Transportation and Indian River County <br />referenced by the above Financial Project Number <br />Schedule of Funding: <br />Please submit four copies of invoice(s) to the following address: <br />Florida Dept. of Transportation. Program Management Div., Attn: Leos A. Kennedy, Jr. <br />3400 W. COMMERCIAL BLVD., FT. LAUDERDALE, FLORIDA 33309 <br />FY 2015 <br />TOTAL <br />I. TOTAL PROJECT <br />$ <br />$ <br />Design <br />$ <br />$ <br />Right of Way <br />$ <br />$ <br />Construction & CEI <br />$ 1,918,329.00 <br />$ 1,918,329.00 <br />II. PARTICIPATION: <br />Maximum Department <br />Participation <br />(75%) <br />or $ 1,438,747.00 <br />(75%) <br />$ 1,438,747.00 <br />Local Participation <br />(25%) <br />or $ 479,582.00 <br />(25%) <br />or $ 479,582.00 <br />In -Kind <br />$ <br />$ <br />Cash <br />$ <br />$ <br />Combination In-Kind/Cash <br />$ <br />$ <br />Waiver or Reduction <br />$ <br />$ <br />TOTAL PROJECT COST: <br />$ 1,918,329.00 <br />$ 1,918,329.00 <br />Please submit four copies of invoice(s) to the following address: <br />Florida Dept. of Transportation. Program Management Div., Attn: Leos A. Kennedy, Jr. <br />3400 W. COMMERCIAL BLVD., FT. LAUDERDALE, FLORIDA 33309 <br />