AGENDA REQUEST FORM THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA Special Order Request Yes No MEETING DATE Aug 19 2014 10:15AM - Regular School Board Meeting AGENDA ITEM OPEN ITEMS ITEM No.: Open Agenda CATEGORY JJ. OFFICE OF FACILITIES AND CONSTRUCTION JJ-3. Yes DEPARTMENT Facilities & Construction TITLE: Time No Projects Completion Agreement between The School Board of Broward County, Florida and Stiles Construction REQUESTED ACTION: Approve the Projects Completion Agreement between The School Board of Broward County, Florida and Stiles Construction, and approve the Final Acceptance and Payment for the Norcrest Elementary School, Meadowbrook Elementary School and Tropical Elementary School projects. SUMMARY EXPLANATION AND BACKGROUND: This Projects Completion Agreement is the result of extensive efforts to resolve differences regarding remaining contract balances owed to Stiles Construction ("Stiles") for three Construction Management at Risk Agreements ("CM Agreements") between Stiles and The School Board of Broward County, Florida (the "SBBC"). The dispute between the SBBC and Stiles concerned the exact amount of credit being returned to the SBBC for the projects. See Supporting Docs for continuation of Summary Explanation and Background. This item has been approved as to form and legal content by the Office of the General Counsel. SCHOOL BOARD GOALS: Goal 1: High Quality Instruction Goal 2: Continuous Improvement Goal 3: Effective Communication FINANCIAL IMPACT: The total financial impact of this item is $1,514,536. $427,536 shall come from the Norcrest Elementary School project fund (P.000105), $313,691 shall come from the Meadowbrook Elementary School project fund (P.000141), and $773,309 shall come from the Tropical Elementary School project fund (P.000138). EXHIBITS: (List) (1) Summary Explanation and Background (2) Agreement (3) OEF 110b and OEF 209 Norcrest Elementary (4) OEF 110b and OEF 209 Meadowbrook Elementary (5) OEF 110b and OEF 209 Tropical Elementary (6) Policy 7005 (7) Consent of Surety for Norcrest Elementary (8) Consent of Surety for Meadowbrook Elementary (9) Consent of Surety for Tropical Elementary BOARD ACTION: SOURCE OF ADDITIONAL INFORMATION: Esq. 754-321-2617/2050 Name: Derek Messier, Chief F&CO / Thomas C. Cooney, Phone: (For Official School Board Records Office Only) Name: Phone: THE SCHOOL BOARD OF BROWARD COUNTY, FLORIDA Senior Leader & Title Derek Messier - Chief Facilities & Construction Officer Signature Derek Robert Messier Monday, August 11, 2014 11:31:05 AM Electronic Signature Form #4189 Revised 12/12 RWR/ DM/TCC/SNM:ma Approved In Open Board Meeting On: By: School Board Chair