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Florida Statutes: 850-035-01 <br /> 334.044(7) 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 /> FY 2015 TOTAL <br /> I. TOTAL PROJECT $ $ <br /> Design $ $ <br /> Right of Way $ $ <br /> Construction& CEI $ 1,918,329.00 $ 1,918,329.00 <br /> II. PARTICIPATION: <br /> Maximum Department (75%) (75%) <br /> Participation or $ 1,438,747.00 $ 1,438,747.00 <br /> Local Participation (25%) (25%) <br /> or $ 479,582.00 or $ 479,582.00 <br /> In-Kind $ $ <br /> Cash $ $ <br /> Combination In-Kind/Cash $ $ <br /> Waiver or Reduction $ $ <br /> TOTAL PROJECT COST: $ 1,918,329.00 $ 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 /> 166 <br />