Title: PM5 Project Modification and Retainage for Don Estridge

Recommendation:
I recommend the School Board approve Project Modifications in the credit amount of ($95,272.83), Reduction of Retainage from 5% to 0%, and approve Final Payment and ratify Final Acceptance, for Don Estridge High Tech Middle School (98-GG), Design Build Project, and authorize the Chairman and Superintendent to execute all related contract documents.

Description:

Don Estridge High Tech Middle School (98-GG), Design Build Project #2711-8193

Item #1

• COPR #1 in the credit amount of ($95,272.83).
• Description: Summary of remaining Allowances:
FF&E Allowance                              $  8,159.83
Wetland Mitigation Allowance            $ 43,485.00
Offsite Road Signalization Allowance   $ 24,853.00
Ed Spec Allowance                          $18,775.00
Total                                            $ 95,272.83

• Cause: School District Requested.
• Justification: These funds are the remaining allowances to be deducted from the contract amount.

Item #2

• Description: The Project Architect has certified that Don Estridge High Tech Middle School, under contract with Catalfumo Construction, achieved Final Completion on March 17, 2005.

The General Contractor has requested, and the Architect and Staff have recommended, Final Payment and Final Acceptance

Financial Impact:
The financial impact to the Project's Budget is ($95,272.83).

For Additional Information, contact:
Joseph M. Moore (moorej@palmbeach.k12.fl.us)
Joseph M. Sanches

Attachments (list):
PM5 Don Estridge Backup.pdf
CO Chart.pdf
PM5 Don Estridge Site Plan.pdf