Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 196

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 3 North
Item No.
Description
Amount
1 FPL Overhead to Underground Conversion $810,000.00
2 AT&T Overhead to Underground Conversion $280,000.00
3 Comcast Overhead to Underground Conversion $190,000.00
4 Roadway and Private Property Restoration $730,000.00
5 FPL Direct Costs $860,000.00
6 AT&T Direct Costs $200,000.00
7 Comcast Direct Costs 8 FPL Service Conduit (Private Property) $220,000.00
9 Engineering/Permitting/Surveying $290,000.00
10 Construction Administration $240,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver
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$90,000.00
$90,000.00
($460,000.00)
Subtotal Estimate – Today’s Dollars $3,540,000.00
Subtotal Estimate – Considering Inflation $3,760,000.00
Contingency $340,000.00
Total = $4,100,000
TOWN OF PALM BEACH