Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 192

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 1 North
Item No.
Description
Amount
1 FPL Overhead to Underground Conversion $940,000.00
2 AT&T Overhead to Underground Conversion $320,000.00
3 Comcast Overhead to Underground Conversion $220,000.00
4 Roadway and Private Property Restoration $860,000.00
5 FPL Direct Costs 6 AT&T Direct Costs $240,000.00
7 Comcast Direct Costs $100,000.00
8 FPL Service Conduit (Private Property) $260,000.00
9 Engineering/Permitting/Surveying $590,000.00
10 Construction Administration $240,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $100,000.00
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$1,160,000.00
($540,000.00)
Subtotal Estimate – Today’s Dollars $4,480,000.00
Subtotal Estimate – Considering Inflation $4,480,000.00
Contingency $400,000.00
Total = $4,880,000
TOWN OF PALM BEACH