8973-17 $337,000.00 Riverside Drive Resurfacing ODOT

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3. FUNDING 3.1 The total cost for the PROJECT is estimated to be $260,000 as set forth in Attachment 1. ODOT shall provide to the LPA, 85 percent of the eligible Construction costs up to a maximum of $221,000 which includes 80 percent Federal 4PF7 funds up to a maximum of $208,000 and 5 percent State (4PS7) funds up to a maximum of $13,000. This maximum amount reflects the funding limits for the PROJECT set by the applicable Program Manager. Unless otherwise provided, funds through ODOT shall be applied only to the eligible costs associated with the actual construction of the transportation project improvements and construction engineering/ inspection activities. 3.2 The LPA shall provide all other financial resources necessary to fully complete the PROJECT, including all 100 percent Locally- funded work, cost overruns and contractor claims. 4. PROJECT DEVELOPMENT AND DESIGN 4.1 The LPA and ODOT agree that the LPA is qualified to administer this PROJECT and is in full compliance with all LPA participation requirements. 4.2 The LPA and ODOT agree that the LPA has received funding approval for the PROJECT from the applicable ODOT Program Manager having responsibility for monitoring such projects using the Federal funds involved. 4.3 The LPA shall design and construct the PROJECT in accordance with a recognized set of written design standard a LPA shall (option one: follow its own formally written set of local design standards or option two make use of ODOT's Location and Design Manual (L &D), or the appropriate AA O publication). Even though the LPA may use its own standards, ODOT may require the LPA to use a design based on the L &D Manual for projects that contain a high crash rate or areas of crash concentrations. Where the LPA has adopted ODOT standards for the PROJECT, the LPA shall be responsible for ensuring that any ODOT standards used for the PROJECT are current and /or updated. The LPA shall be responsible for periodically contacting the ODOT District LPA Coordinator or through the following Internet website for any changes or updates: www. dot. state .oh.us /drrc /Pages /defauIt.aspx 4.4 The LPA shall either designate an LPA employee, who is a registered professional engineer, to act as the PROJECT Design Engineer and serve as the LPA's principal representative for attending to PROJECT responsibilities, or engage the services of a pre - qualified ODOT consultant, who has been chosen using a Qualification -Based Selection (QBS) process, as required pursuant to ORC sections 153.65 through 153.71. The pre - qualified list is available on the ODOT website at: www.dot.state.oh.us/DIVISIONS/Engineering/CONSULTANT 4.5 If Federal funds are used for a phase of project development and the LPA executes an agreement with a consultant prior to the receipt of the "Authorization" notification from ODOT, ODOT may terminate this Agreement and cease all Federal funding commitments. 4.6 ODOT reserves the right to move this PROJECT into a future sale year if the LPA does not adhere to the established PROJECT schedule, regardless of any funding commitments.