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On August 21, 2001 the Board of County Commissioners approved partial release of retainage (5%) <br />for the overall Design and Supplemental Services (original contract). in the amount of $21.000.00. <br />On November 13, 2001, the Board of County Commissioners approved partial release of retainage <br />(5%) for Tasks II. III & IV in the amount of 51,445.50 (combined amount). <br />The original contract design phase is complete and 5399,000.00 has been paid to date. We have <br />$21,000.00 (5% retainage) remaining to pay. Task II of Amendment No. 1 is complete and <br />$9,072.50 has been paid to date. Ihere is $477.50 (5% retainage) remaining to pay. Task III of <br />Amendment No. 1 is complete and S3.895 00 has been paid. There is $205.00 (5% retainage ) <br />remaining to pay. Task IV of Amendment No. 1 is complete and S14,497.00 has been paid to date. <br />There is $763.00 (5% retainage) remaining to pay. <br />The Consultant is requesting a final release of retainage for the Original Contract and Tasks III11 <br />and IV of Amendment No. 1. Payment in full will be $21,000.00, 5477.40, S205.00 and $763.00 <br />respectively for a total payment of $22,445.50 <br />ALTERNATIVES AND ANALYSIS <br />Alternative No. 1 - Approve the Consultant's request for final release of retainage for the Original <br />Contract and Tasks II III and IV of Amendment No. 1 in the amount of $22,445.50. <br />Altemative No. 2 - Deny the Consultant's request for partial release of retainage for Original <br />Contract and Tasks II, III and IV of Amendment No. I. <br />RECOMMENDATIONS AND FUNDING <br />Staff recommends Alternative No. 1. Funding to be from Account No. 101-157-541-067.73. <br />ATTACHMENTS <br />1. Invoice No. 9649LA-25 from Masteller & Moler, Inc. dated February 28, 2002 <br />2. Invoice No. 9649LC-8 from Masteller & Moler, Inc. dated March 26, 2002 <br />3. Invoice No. 9649LD-3 from Masteller & Moler, Inc. dated February 28, 2002 <br />4. Invoice \o. 9649LE-9 from Masteller & Moler, Inc. dated March 26, 2002 <br />ON MOTION by Commissioner Ginn SECONDED <br />by Commissioner Tippin, the Board unanimously <br />approved the request for final release of retainage <br />for the original Contract and Tasks II, III and IV of <br />Amendment No. 1 in the amount of $22.445.50, as <br />recommended by staff. <br />APRIL 16, 2002 <br />-16- <br />