Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 201

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 5 South
Item No.
Description
Amount
$1,560,000.00
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $510,000.00
3 Comcast Overhead to Underground Conversion $330,000.00
4 Roadway and Private Property Restoration $1,120,000.00
5 FPL Direct Costs $1,890,000.00
6 AT&T Direct Costs $250,000.00
7 Comcast Direct Costs $110,000.00
8 FPL Service Conduit (Private Property) $270,000.00
9 Engineering/Permitting/Surveying $510,000.00
10 Construction Administration $300,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $150,000.00
12
($840,000.00)
Subtotal Estimate – Today’s Dollars $6,170,000.00
Subtotal Estimate – Considering Inflation $6,940,000.00
Contingency $640,000.00
Total = $7,580,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 175