Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 200

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 5 North
Item No.
Description
Amount
$1,250,000.00
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $430,000.00
3 Comcast Overhead to Underground Conversion $300,000.00
4 Roadway and Private Property Restoration $1,130,000.00
5 FPL Direct Costs $1,320,000.00
6 AT&T Direct Costs $310,000.00
7 Comcast Direct Costs $140,000.00
8 FPL Service Conduit (Private Property) $340,000.00
9 Engineering/Permitting/Surveying $440,000.00
10 Construction Administration $290,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $130,000.00
12
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($700,000.00)
Subtotal Estimate – Today’s Dollars $5,370,000.00
Subtotal Estimate – Considering Inflation $6,040,000.00
Contingency $550,000.00
Total = $6,590,000
TOWN OF PALM BEACH