Key Biscayne Master Plan 043944000.18w_Key_Biscayne_MP(forJooMag) | Page 124

VILLAGE OF KEY BISCAYNE UNDERGROUNDING OF UTILITIES — MASTER PLAN Fernwood lighting RFP. At the same time, the Village should consider entering into an agreement with FPL to provide lighting throughout the Village. FPL does not assess capital costs for the standard lighting installation but does charge a CIAC for the associated conduit installation. The operating costs will be paid for under the existing separate Village operating budget for street lighting. Existing decorative street lighting that is already served with underground infrastructure is assumed to remain in service.  Construction cost contingency has been estimated at a rate of 10%.  An allowance for restoration of private property after service installation and utility demolition is included. Our OPC also includes an allowance for equipment screening.  All construction projects carry inherent risk for construction claims, litigation, or other such legal action against the Village for personal or property damages. This OPC does not include costs associated with contractor termination, re-mobilization, construction claims, litigation, or other such legal action.  It can be expected that cost variations may occur throughout the life of the program based on market conditions, labor and material price fluctuations, and other factors. Kimley-Horn has no control over the cost of labor, materials, equipment, or over the contractor’s methods of determining prices or over competitive bidding or market conditions. The OPC provided herein is based on the information known to Kimley-Horn at this time and represent only Kimley-Horn’s judgment as a design professional familiar with the construction industry. Kimley-Horn cannot and does not guarantee that proposals, bids, or actual construction costs will not vary from its OPC.  Costs related to the abandoning of rear yard easements has not been considered or included in the OPC at this time. reimbursed to the program by the private property owner and therefore have not been included in this OPC.  In many locations throughout the Village, electric and communications services originate from a rear property easement. To be compliant with current utility company standards, these services will be converted to a front street location under this program. 12.7.2 Existing Conditions  120 Allowances for repair/replacement of service entrances on private property not meeting existing building codes should be included in the project to maintain the project schedule. These types of costs, while expected to be a rare occurrence, are expected to be Directional boring machine in Palm Beach