Discuss, consider, and take appropriate action regarding Change Order No.1 in the amount of $0.00 regarding Southeast Loop Demolition Phase 1 (HCS, Inc. General Contractor), a Road Bond project in Commissioner Pct. 4.  P: 463  Funding Source: Road Bond

This Change Order amends the language in Section 3 of the Services Contract. Due to unknown variables in the work, this project was bid to be per the unit prices shown in the Bid Tabs. The current language in Section 3 incorrectly references payment as lump sum. The following changes correct any ambiguities and clarify the payment of each work item to be per unit price.

"The unit price cost of this Contract shall not exceed $125,808.07, unless amended by a change order and approved by the Williamson County Commissioners Court. Payment for goods and services shall be governed by Chapter 2251 of the Texas Government Code. An invoice shall be deemed overdue the 31st day after the later of (1) the date the County receives the goods under the contract; (2) the date the performance of the service under the contract is completed; or (3) the date the Williamson County Auditor received an invoice for goods or services. Interest charges for any overdue payments shall be paid by the County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of the County's fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday."

This Change Order also revises the unit price and quantity in the Contract for Item 506-6022. These revisions do not change the Contract value. The original Contract cost is $125,808.07. To date, no changes have been made to the original contract amount and no time has been added.