Item Coversheet



BOCC AGENDA ITEM

Item Title:Florida Infrastructure Release of Retainage for Bailey/Simmons Road Multi Use Trail
Date:7/6/2020
Department:Engineering Services
Background:

Florida Infrastructure, Inc. has completed the Bailey/Simmons Road Multi-Use Trail Project (CM2575).  Final completion was achieved on September 13, 2019.

 

Original Contract Sum                                                $1,553,254.73

Change Order (N/A)                                                            9,623.00

Total Contract Sum                                                     $1,562,877.73

 

Work Completed                                                        $1,562,877.73

Less Previous Payment Application 1-2          ( - )    $1,406,589.96

 

Final Release of Retainage/Final Payment             $  156,287.77

 

Contract Management acknowledges receipt of all final releases of lien and consent of Surety.

 

Attachments:

-   Project Invoice for Release of Retainage with Final Waiver and Release of              Lien upon Final Payment and Consent of Surety to Final Payment

-   Certification of Completion, dated September 13, 2019


Request:
Release final retainage in the amount of $156,287.77, to Florida Infrastructure, Inc., for completion of the Bailey & Simmons Road Multi-Use Trail.  Funding source: 63000000-205500 BSBPT.
Financial/Economic Impact to Future Years Budgeting Process or Effect on Citizens:
N/A
Action Requested and Recommendation:

Approve the release of retainage to Florida Infrastructure, Inc.in the amount of $156,287.77 for the completion of Bailey/Simmons Road Multi-Use Trail (CM 2575).


Is this action consistent with the Nassau County Comprehensive Land Use Plan?
NA
Funding Source:

Retainage Account:  63000000-205500 BSBPT


Additional Information Needed for Contracts/Agreements (If Applicable)
Contract Number assigned by Contracts Management:
CM 2575
For non-governmental agencies, has the document been sent to the vendor for signature?
N/A
Does the document need to be recorded? If so, who will pay the recordation fee?
N/A
Are there any special mailing instructions? (Include contact name, address, deadline for submittal, how to mail such as express mail, FedEx, etc):

Mail check to

Florida Infrastructure, Inc.

P.O.Box 1269

Callahan, FL  32011


How many originals are needed?
One
ATTACHMENTS:
DescriptionUpload DateType
Final Invoice6/4/2020Backup Material