Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 197

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 3 South
Item No.
Description
Amount
$1,350,000.00
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $460,000.00
3 Comcast Overhead to Underground Conversion $310,000.00
4 Roadway and Private Property Restoration $1,240,000.00
5 FPL Direct Costs $1,460,000.00
6 AT&T Direct Costs $340,000.00
7 Comcast Direct Costs $150,000.00
8 FPL Service Conduit (Private Property) $370,000.00
9 Engineering/Permitting/Surveying $480,000.00
10 Construction Administration $300,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $140,000.00
12
($770,000.00)
Subtotal Estimate – Today’s Dollars $5,830,000.00
Subtotal Estimate – Considering Inflation $6,190,000.00
Contingency $570,000.00
Total = $6,760,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 171