CN-550000-ARX28-00010000.pdf

This document is an Amendment to a Traffic Signal Maintenance and Compensation Agreement between the State of Florida Department of Transportation and the City of Fort Myers, a municipal corporation serving as the Maintaining Agency. The amendment, dated August 29th, 2016, revises the original agreement first entered into on June 22nd, 2015, and supersedes all previous terms with the revised conditions outlined in Attachment 1.

The agreement covers maintenance, operation, and compensation for traffic signals and related devices on the State Highway System. Compensation is structured as an annual lump sum payment based on fiscal year unit rates for various traffic signal components, including traffic signals, interconnected systems, pedestrian beacons, emergency signals, speed activated warning displays, and other devices. The compensation amounts are pro-rated by intersection approaches and will be adjusted annually based on the Consumer Price Index (CPI), with provisions for maintenance, repair, and replacement of damaged traffic signals and devices. The contract includes detailed provisions for inspection, performance standards, reimbursement processes, and specific responsibilities of both the Department and the Maintaining Agency.