Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 195

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 2 South
Item No.
Description
Amount
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $340,000.00
3 Comcast Overhead to Underground Conversion $240,000.00
4 Roadway and Private Property Restoration $940,000.00
5 FPL Direct Costs 6 AT&T Direct Costs $260,000.00
7 Comcast Direct Costs $110,000.00
8 FPL Service Conduit (Private Property) $280,000.00
9 Engineering/Permitting/Surveying $370,000.00
10 Construction Administration $230,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000.00
12
$1,020,000.00
$1,100,000.00
($580,000.00)
Subtotal Estimate – Today’s Dollars $4,410,000.00
Subtotal Estimate – Considering Inflation $4,540,000.00
Contingency $420,000.00
Total = $4,960,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 169