Discuss, consider, and take appropriate action regarding Change Order No. 2 in the amount of ($113,248.33) for Project 24IFB14 CR 332 (Chasco Constructors) P: 366 Funding Source: Road Bond.

This Change Order provides the final balancing for the overrun/underrun of Contract quantities on the project as a result of addressing field conditions not accounted for in the original plans. This Change Order also adds an item to install the proposed water line around existing utilities. Please see attached Change Order for additional details.

This Change Order results in a net decrease of $113,248.33 to the Contract amount, for an adjusted Contract total of $2,449,271.67 The original Contract amount was $2,545,345.00. As a result of this and all Change Orders to-date, $96,073.33 has been deducted from the Contract, resulting in a 3.77% net decrease in the Contract cost. No additional days will be added to the Contract as a result of this Change Order.