Laserfiche WebLink
17 <br /> Interim Assistant Director of Utility Services Steve Doyle explained that when staff <br /> discovered that Asset Channels was not paying the subcontractors , a hold was put on their <br /> invoices pending further information . Asset Channels paid the first 3 pay requests for each <br /> of the subcontractors and then filed for bankruptcy . Staff is now requesting permission to <br /> pay the 4t' and 5 `h requests . <br /> Chairman Ginn questioned whether the viability of a company is checked prior to <br /> entering into a contract, and Mr. Doyle noted that they are checked very thoroughly . Asset <br /> Channels is a 1 . 3 billion dollar firm . However, this is exactly why staff prefers to deal with <br /> local contractors . Also , the form for a developer ' s agreement for the County has been <br /> revised due to this particular situation so that it now contains more teeth . The contract with <br /> Asset Channels was terminated prior to their filing for bankruptcy so nothing further is owed <br /> to Asset Channels by the County and the County now owns the plans for the project . The <br /> County is still paying the same amount but is now taking control of production . <br /> ON MOTION by Commissioner Adams , <br /> SECONDED by Commissioner Macht, the Board <br /> unanimously a . ) approved payment to Carter <br /> Associates , Inc . for services rendered to date in the <br /> total amount of $ 95 , 536 . 01 ; b . ) approved payment to <br /> Coastal Tech, Inc . for services rendered to date in <br /> the total amount of $ 10 , 846 . 61 ; c . ) approved <br /> payment to KSM Engineering for services rendered <br /> to date in the total amount of $ 3 , 222 . 50 ; d . ) <br /> authorized Carter & Associates to complete the <br /> JULY 3 , 2001 18 PG 7 8 7 <br /> - 88 - <br />