Town of Palm Beach Master Planning Engineer ’ s Conceptual Opinion of Probable Cost for Undergrounding
Phase 2 North
Town of Palm Beach Master Planning Engineer ’ s Conceptual Opinion of Probable Cost for Undergrounding
Phase 2 North
Item No . Description Amount
1 FPL Overhead to Underground Conversion $ 870,000.00 2 AT & T Overhead to Underground Conversion $ 300,000.00 3 Comcast Overhead to Underground Conversion $ 210,000.00 4 Roadway and Private Property Restoration $ 790,000.00 5 FPL Direct Costs $ 910,000.00 6 AT & T Direct Costs $ 220,000.00 7 Comcast Direct Costs $ 100,000.00 8 FPL Service Conduit ( Private Property ) $ 240,000.00 9 Engineering / Permitting / Surveying $ 310,000.00 10 Construction Administration $ 230,000.00
11 |
Legal Fees |
$ 90,000.00 |
|
Credits |
|
12 |
FPL Credit – 25 % GAF Waiver |
($ 490,000.00 ) |
Subtotal Estimate – Today ’ s Dollars $ 3,760,000.00 Subtotal Estimate – Considering Inflation $ 3,870,000.00
Contingency $ 350,000.00 Total = $ 4,220,000
168 | CHAPTER TWELVE TOWN OF PALM BEACH