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Final Close-Out of Contract With Goodwin Brothers Construction, Inc., for Lambeth Road and Hope Hill Road Resurfacing Project (Contract No. 22-C00080/DK; Amount: $16,008.20)
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BRIEF OVERVIEW
Final Close-Out of Contract with Goodwin Brothers Construction, Inc., for Hope Hill Road and Lambeth Road resurfacing project awarded by the Board on October 25, 2022, Doc Id. No. 11132, to Goodwin Bros Construction, Inc., in the amount of $328,779.44.
Change Order One (1) was for additional areas to be resurfaced, increasing the contract by $49,086.43 from $328,779.44 to $377,865.87.
Change Order Two (2) was to decrease the contract by $57,701.82 from $377,865.87 to $320,164.05.
The Final Contract amount is $320,164.05 (PO No. 23000340).
The work has been completed and Goodwin Bros Construction, Inc., has submitted its Final Pay Application No. Three (3) in the amount of $16,008.20.
All releases properly include Hernando County.
FINANCIAL IMPACT
Funding in the amount of $16,008.20 is available in Account No. 1022-2050067 (LOGT 1-5 Gas Res Rds., Retainage-Goodwin Const.). Due to an error when keying in the retainage amount on pay app #1, the retainage amount will be short by thirty cents.
LEGAL NOTE
The Board has the authority to act on this matter pursuant to Chapter 125, Florida Statutes.
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RECOMMENDATION
It is recommended the Board approve final pay Request No. Three (3) in the amount of $16,008.20 to Goodwin Bros Construction, Inc., to close out Hope Hill Road and Lambeth Road resurfacing project under Contract No. 22-C00080.
The final Contract amount is $320,164.05, a decrease of $8,615.39 from BOCC award.