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4 Consent • INDIAN RIVER COUNTY, FLORIDA DEPARTMENT OF UTILITY SERVICES ty� 4, Date: Date: July 6, 2015 To: Joseph A. Baird, County Administrator From: Vincent Burke, P.E., Director of Utility Service Prepared By: Gordon Sparks, P.E., Environmental Engineer, �FS Arjuna Weragoda, P.E., Capital Projects Manager Aw Subject: Final Payment to Tri-Sure Corporation for Construction of Vero Lakes Estates 12" Master Plan Water Main Extension on 107th Avenue—UCP#4106 DESCRIPTIONS AND CONDITIONS: On January 6, 2015 the Board of County Commissioners (BCC) awarded Bid No. 2015017 to Tri-Sure Corporation of Auburndale, Florida in an amount of$380,975.00 to construct a 12" water main on 107th Avenue in Vero Lake Estates. This is the continuation of a program begun in 2006 to expand transmission water main construction in Vero Lake Estates. Construction was begun on April 6, 2015 with a Contract time of 120 days and was complete as of June 30, 2015. ANALYSIS: Application for Payment Nos. 1 and 2 were previously processed and paid for a total amount of $327,549.08. Application for Payment No. 3 for$19,829.42 was received on July 1, 2015.The total cost of the project was therefore $347,378.50 or $33,596.50 less than approved for construction. The project is now complete, final clearance has been received from the FDEP for placement into service and as-built drawings are on file in the Department of Utility Services. FUNDING: Funding for the project is derived from the Capital fund. The capital fund revenues are generated from impact fees. Furthermore,growth has created the need for expansion or construction of the facilities and that new growth will benefit from the expansion or construction of the facilities. ACCOUNT NAME ACCOUNT NUMBER AMOUNT VLE 107th Ave. 12"Water Main Extension 472-169000-14507 $19,829.42 Page 1 of 2 62