CN-550000-ARN77.pdf

This document is a Traffic Signal Maintenance and Compensation Agreement between the State of Florida Department of Transportation and Charlotte County, Florida, effective from July 1, 2014 to June 30, 2015. The agreement establishes the terms for maintenance and operation of traffic signals, intersection control beacons, and related devices on the State Highway System within Charlotte County's jurisdiction.

The contract provides compensation of $69,889.52 for maintaining and operating 49 traffic signal intersections and associated devices. Compensation is calculated using specific unit rates for different types of traffic signals, intersection control beacons, pedestrian flashing beacons, emergency signals, and speed-activated warning displays. The payment is a total lump sum to be made annually at the end of the fiscal year, with unit rates varying slightly each fiscal year and increasing by approximately 3% annually. The maintaining agency (Charlotte County) is responsible for maintenance, continuous operation, preventive maintenance, and repair of all traffic signals and devices in accordance with specified standards and practices.