CN-550000-AS123-S0040000.pdf

This document is a Traffic Signal Maintenance and Compensation Agreement between the Florida Department of Transportation (FDOT) and the City of Holmes Beach, Florida. The contract (AS123) is a governmental agency agreement authorized under Section 335.056, Florida Statutes, and approved through Resolution No. 24-04 by the City of Holmes Beach Commission. The agreement establishes a collaborative arrangement for maintaining traffic signals and related devices on the State Highway System within the city's jurisdiction.

The contract covers traffic signal maintenance and operation, with FDOT providing compensation to the City of Holmes Beach on an annual basis. The agreement has a twenty-year term, from March 14, 2016, to June 30, 2036, with a total budgetary ceiling of $70,974.00. Compensation is structured as a total lump sum payment, calculated based on unit rates for various traffic signal and device types, including intersection control beacons, pedestrian signals, emergency warning displays, and connected automated vehicle devices. The city is responsible for maintaining and operating traffic signals, performing preventive maintenance, and ensuring safe and efficient traffic signal operations in accordance with specified standards and operational requirements.