CN-550000-ARN43.pdf

This is a Traffic Signal Maintenance and Compensation Agreement between the Florida Department of Transportation (the Department) and the City of Punta Gorda (the Maintaining Agency). The agreement is designated with Contract No. ARN43 and was executed in October, establishing a collaborative framework for traffic signal system maintenance within the state highway system.

The contract covers maintenance and continuous operation of traffic signals, traffic signal systems, and related infrastructure across multiple intersections, including locations on SR 45/US41, SR 35/US17, and other state roads. The compensation is structured as an annual lump sum payment of $23,903.10 for the period from 7/1/2014 to 6/30/2015, calculated based on specific unit rates for different traffic signal components such as intersection signals, control beacons, pedestrian signals, and emergency warning devices. The maintenance responsibilities include preventive and emergency maintenance, repair of equipment, replacement of missing components, and adherence to specified operational standards. The unit rates are subject to annual adjustments, with a standard 3% increase between fiscal years unless otherwise specified.