Discuss, consider, and take appropriate action regarding Change Order No. 5 in the amount of ($318,499.67) for Project 22IFB138 CR 366 (James Construction Group) P: 296 Funding Source: Road Bond.

This Change Order provides the final balancing for the overruns/underruns of Contract quantities on the project that are a result of addressing field conditions not accounted for in the original plans. This Change Order also adds several items to the project to address safety concerns that were identified during construction of the project. The final item being added to this Change Order is for overhead costs due to the untimely relocation of the utilities causing inefficiencies in the progression of the project. Please see the attached Changed Order for additional details.   This Change Order results in a net decrease of $318,499.67 to the Contract amount, for an adjusted Contract total of $17,608,169.74. The original Contract amount was $17,694,262.46. As a result of this and all Change Orders to-date, $86,092.72 has been deducted from the Contract, resulting in an 0.49% net decrease in the Contract cost. Eighty-one (81) days will be added to the Contract as a result of this Change Order.