Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 203

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 6 South
Item No.
Description
Amount
$2,250,000.00
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $740,000.00
3 Comcast Overhead to Underground Conversion $480,000.00
4 Roadway and Private Property Restoration $1,610,000.00
5 FPL Direct Costs $3,130,000.00
6 AT&T Direct Costs $360,000.00
7 Comcast Direct Costs $160,000.00
8 FPL Service Conduit (Private Property) $390,000.00
9 Engineering/Permitting/Surveying $770,000.00
10 Construction Administration $290,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $230,000.00
12
($1,310,000.00)
Subtotal Estimate – Today’s Dollars $9,080,000.00
Subtotal Estimate – Considering Inflation $10,530,000.00
Contingency $970,000.00
Total = $11,500,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 177