The School Board of Broward County, Florida
Created : April 21, 2013 at 07:43 PM
Meeting: Regular School Board Meeting :  JJ. Office of Facilities & Construction  
JJ-3. Reduction of Retainage - Hewett-Kier Construction, Inc. - New Multipurpose Building, Remodeling & Site Improvements - Palmview Elementary School, Pompano Beach - Project No. P.000207 (f.k.a. 1131-23-01) (D)  
March 05, 2013
Status: 
Open Agenda
 
 

Quick Summary / Abstract
Approve the recommendation to reduce retainage now being held on Palmview Elementary School, New Multipurpose Building, Remodeling & Site Improvements, Project No. P.000207, for the Construction Manager, Hewett-Kier Construction, Inc., from $213,122 to $42,566.

In accordance with School Board Policy 7005, the Superintendent of Schools is recommending that the retainage be reduced from $213,122 to $42,566, which is an equivalent reduction from 5% to 1%.  The amount being withheld is contingent upon resolution of a delay claim and request for extended General Condition fees by the Construction Manager.   All work associated with the project scope is complete and final inspections by the Architect and the Chief Building Official are approved.  All close-out documentation has been provided as per contract.

The funds being released totaling $170,556 are included in the Adopted District Educational Facilities Plan, Fiscal Year 2007-2008 to 2011-2012, page 81.


Requested Action
Approve the recommendation to reduce retainage now being held on Palmview Elementary School, New Multipurpose Building, Remodeling & Site Improvements, Project No. P.000207, for the Construction Manager, Hewett-Kier Construction, Inc., from $213,122 to $42,566.


Summary
In accordance with School Board Policy 7005, the Superintendent of Schools is recommending that the retainage be reduced from $213,122 to $42,566, which is an equivalent reduction from 5% to 1%.  The amount being withheld is contingent upon resolution of a delay claim and request for extended General Condition fees by the Construction Manager.   All work associated with the project scope is complete and final inspections by the Architect and the Chief Building Official are approved.  All close-out documentation has been provided as per contract.

School Board Goals
Goal 2: Continuous Improvement


Financial Impact
The funds being released totaling $170,556 are included in the Adopted District Educational Facilities Plan, Fiscal Year 2007-2008 to 2011-2012, page 81.


Source of Additional Information
Dave Archer 754 321-1660



Associated File Attachments
Executive Summary (Files)  
Reduction of Retainage Certification (Files)  
Consent of Surety (Files)  
OEF 110B Certificate of Occupancy (Original signed & sealed document located at FDC Division) (Files)  
Collaboration Sign-Off Form (Files)  
ExecutedARF (Files)