TITLE
title
Final Close-Out of Contract With DEEB Construction and Development Company for Water Main Interconnect From Verano Subdivision to Valley Falls Loop In Wellington Subdivision (Amount: $65,608.61)
body
BRIEF OVERVIEW
The Water Main Interconnect from Verano Subdivision to Valley Falls Loop In The Wellington Subdivision Projects was awarded by the Board on August 23, 2022, Doc Id. No. 10900, to Deeb Construction and Development Co., in the amount of $71,503.91. This project is FY22-105 Single Source Contract.
Change Order No. One (1) was to reduce the Purchase Order (PO) by $5,895.30, the new PO total is $65,608.61.
The final Contract amount is $65,608.61 (PO No. 22001049).
The work has been completed and Deeb Construction and Development Co., has submitted its Final Pay application No One (1) in the amount of $65,608.61.
FINANCIAL IMPACT
Funding is available in Expense Account No. 4132-07213-5626302 Connection Fee-Water: Improve-Water Line Upgrade in the amount of $65,608.61
LEGAL NOTE
The Board has authority to act on this matter pursuant to Chapter 125, Florida Statutes.
recommendation
RECOMMENDATION
It is recommended the Board approve final pay request No. One (1) in the amount of $65,608.61 to Deeb Construction and Development Co., to close out Single Source Contract No. FY22-105 for Water Main Interconnect from Verano Subdivision to Valley Falls Loop In The Wellington Subdivision Projects under Single Source Contract No. FY 22-105.
The final Contract amount is $65,608.61, a decrease of $5,985.30 from BOCC award.