Discuss, consider, and take appropriate action regarding Change Order No. 4 in the amount of ($153,292.00) for Project 22IFB141 CR 258 Extension (Joe Bland Construction) P: 277 Funding Source: Road Bond.

This Change Order removes the unnecessary traffic control and construction items from the Contract. The Traffic Control Plan for the project was revised to include a full closure of the existing CR 258 instead of implementing the original one lane, two-way traffic control on CR 258. As a result, fewer traffic control measures were needed. This Change Order revises the Disincentive dollar amount in the Project Construction Manual to $1,250/day. This Change Order also revises the unit of measure for the asphalt items associated with the safety improvements at Ronald Reagan and Elizabeth Parkway. Please see the attached Change Order for additional details.

This Change Order results in a net decrease of $153,292.00 to the Contract amount, for an adjusted Contract total of $6,128,291.55. The original Contract amount was $5,836,754.36. As a result of this and all Change Orders to-date, $291,537.19 has been added to the Contract, resulting in a 4.99% net increase in the Contract cost. As a result of this Change Order, The Contract Time will be reduced by sixty (60) days.