12/4/2001 - Laserfiche WebLink

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B A C'K CSR OI T -ND: On October 03, 2000 the Board of County Corrmussioners entered into a Developer's Agreement with Nancy T. Moon (see attached agenda item and minutes -Attachment 1) in the budgeted amount of $222,000 to provide a water main and water services from the southern intersection of U.S. #1 and Indian River Drive to the existing water main located approximately 4200 feet to the north along Indian River Drive. The project is now complete and the Department of Utility Services is prepared to make final payment to the Contractor. ANALYSIS - The Developer has been paid $159,816.55 for 72.0% of the budgeted cost. The bid quantities used during the I'll r bidding process were based on estimated quantities and Change Order No. 1 adjusts the estimated bid quantities based on actual quantities installed Change Order No. I results in a net decrease of $9,984.40. Change Order No 1 is presented as Attachment -B. The change order decrease ($9,984.40) results in a 4.5% decrease to the originally approved contract and adjusts the final contract amount to $212,015.60. Utilities staff is now requesting final payment to Nancy T. Moon in the amount of $52,199.05. This final payment amount includes the Developer's contribution of $1,969.00 and the release of all retainage held. RECOMMEIVnATIC)N- The staff of the Department of Utility Services recommends that the Board of County Commissioners approve Final Payment including all retainage held, inclusive of Change Order No. 1, in the total amount of $52,199.05 to Nancy T Moon as presented in Attachment B ON MOTION by Commissioner Stanbridge, SECONDED by Commissioner Tippin, the Board unanimously approved the final pay request including all retainage held, inclusive of Change Order #l, in the total amount of $52,199.05 to Nancy T. Moon, as recommended by staff. DOCUMENTATION WILL BE ON FILE IN THE DECEMBER 4, 2001 OFFICE OF THE CLERK TO THE BOARD WHEN EXECUTED AND RECEIVED -109- UI! s r;� F.; ��G.