Town of Palm Beach Master Planning Engineer ’ s Conceptual Opinion of Probable Cost for Undergrounding
Phase 8
DRAFT
Town of Palm Beach Master Planning Engineer ’ s Conceptual Opinion of Probable Cost for Undergrounding
Phase 8
Item No . Description Amount
1 FPL Overhead to Underground Conversion $ 2,260,000.00 2 AT & T Overhead to Underground Conversion $ 730,000.00 3 Comcast Overhead to Underground Conversion $ 460,000.00 4 Roadway and Private Property Restoration $ 1,620,000.00 5 FPL Direct Costs $ 3,190,000.00 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 $ 780,000.00 10 Construction Administration $ 290,000.00
11 |
Legal Fees |
$ 230,000.00 |
|
Credits |
|
12 |
FPL Credit – 25 % GAF Waiver |
($ 1,320,000.00 ) |
Subtotal Estimate – Today ’ s Dollars $ 9,150,000.00 Subtotal Estimate – Considering Inflation $ 11,250,000.00
Contingency $ 1,040,000.00 Total = $ 12,290,000
180 | CHAPTER TWELVE
DRAFT
TOWN OF PALM BEACH