252761MN_Consent_of_Surety_to_Final_Pymt__UPC_Transit_Shelter_12-01-25.pdf

This is a Consent of Surety to Final Payment form related to Sarasota County Government's Unit Price Contract (UPC) for Transit Shelter and Shelter Pad Installation. The form documents the surety company's approval of final payment to the contractor for work performed under the contract, with the surety affirming that final payment does not relieve it of its obligations under the performance bond. The contract is anticipated to run for an initial three-year term, with work involving the construction of concrete pads and installation of County-provided prefabricated bus shelters and accessories at multiple transit stops throughout Sarasota County and the Siesta Key CDP. Bids for this contract were due by March 10, 2026, with submission required through the OpenGov Procurement portal. The award was to be made to the lowest responsive and responsible bidder whose bid is reasonable and in the County's best interest.

The contract incorporates unit price compensation based on actual quantities of work performed or materials furnished, with individual work assignments authorized through formal work assignment forms specifying scope, timeline, and compensation. Performance and payment bonds are required for work assignments exceeding $200,000, with a minimum bonding capacity of $1,000,000 demonstrated through a Letter of Bondability at bid submission. Comprehensive insurance requirements include Workers' Compensation with $500,000 employers liability limits, Commercial General Liability of $1,000,000 per occurrence and $2,000,000 aggregate, Business Automobile Liability of $1,000,000 combined single limit, and Umbrella/Excess Liability of $2,000,000 per occurrence and aggregate, with Sarasota County named as additional insured. The contract is subject to Davis-Bacon prevailing wage requirements, with applicable wage rates ranging from $15.54 to $33.61 per hour depending on worker classification. No local or American business preference set-asides apply due to federal grant funding requirements, though Disadvantaged Business Enterprise participation goals are set at one percent overall. Federal requirements including Federal Transit Administration mandates, civil rights compliance, Americans with Disabilities Act adherence, and environmental protection standards apply to all work performed.