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Final Close-Out of Contract With Top Line Recreation, Inc., for Purchase and Installation of Playground Equipment for Pioneer Park and Coach Lorenzo Hamilton Sr. Park for Parks and Recreation Department (Contract No. 24-P0158/FH; Amount: $239,952.23)
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BRIEF OVERVIEW
Contract No. 24-P0158/FH awarded by the Board on April 23, 2024, Doc Id. No. 13868, to Top Line Recreation, Inc., in the amount of $250,000.00.
The original Purchase Order was opened for $239,952.23. The Final Contract amount is $239,952.23 (PO No. 24000926).
The work has been completed and Top Line Recreation, Inc., has submitted its Final Pay Application No. One (1) in the amount of $239,952.23. All releases properly include Hernando County. All notices of lien or claims of lien have been released on the project.
FINANCIAL IMPACT
Funding in the amount of $239,952.23 is available in the following:
Fund: 0011 - General Fund, Department: 04441 - Parks & Recreation, Account: 5606301 - Improv (GRTR Than 50,000, CIP: 111909.
There is no retainage related to Contract No. 24-P0158/FH.
LEGAL NOTE
The Board has the authority to act on this item pursuant to Part II, Chapter 2, Article V of the Hernando County Code of Ordinances.
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RECOMMENDATION
It is recommended that the Board approve final pay request No. One (1) in the amount of $239,953.23 to Top Line Recreation, Inc., to close out Contract No. 24-P0158/FH.
The final Contract amount is $239,952.23, a decrease of $10,046.77 from BOCC award.