Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 199

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 4 South
Item No.
Description
Amount
$1,150,000.00
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $370,000.00
3 Comcast Overhead to Underground Conversion $230,000.00
4 Roadway and Private Property Restoration $830,000.00
5 FPL Direct Costs 6 AT&T Direct Costs 7 Comcast Direct Costs 8 FPL Service Conduit (Private Property) $200,000.00
9 Engineering/Permitting/Surveying $360,000.00
10 Construction Administration $270,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000.00
12
$1,240,000.00
$180,000.00
$80,000.00
($620,000.00)
Subtotal Estimate – Today’s Dollars $4,400,000.00
Subtotal Estimate – Considering Inflation $4,810,000.00
Contingency $440,000.00
Total = $5,250,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 173