I) Progress Payments. Notwithstanding anything in Exhibit “1” to the contrary, no

City Council Meeting · 2026-08-11 · agenda_item

This item concerns progress payments for the City of Cocoa Garage Bay Demo (Bldg # 3) project, involving Lawrence Lee Construction Services as the contractor and the City of Cocoa as the owner. The project is currently under review regarding payment procedures. Progress payments will be made monthly or on a specified schedule, contingent on the contractor submitting certified applications for payment and providing a performance bond. Contractors must certify that work performed matches contract terms, that subcontractors and suppliers have been or will be paid, and that the request is accurate and made in good faith. This process involves site clearing, demolition, and potential reconstruction phases. Local contractors, suppliers, and service providers should engage early to understand the project's needs and payment structures before final bids and permits are established.