Key Biscayne Master Plan 043944000.18w_Key_Biscayne_MP(forJooMag) | Page 130

VILLAGE OF KEY BISCAYNE UNDERGROUNDING OF UTILITIES — MASTER PLAN
PHASE 2 – Village of Key Biscayne
Overall Program Opinion of Probable Cost - August 2018
Item No.
126
Opinion of
Probable Cost
Description
1 FPL Overhead to Underground Conversion
$3,300,000
2 CATV Overhead to Underground Conversion 3 Telephone Overhead to Underground Conversion $1,000,000
4 FPL Direct Costs $2,300,000
5 CATV Direct Costs $200,000
6 Telephone Direct Costs $600,000
7 Install FPL Services $500,000
8 Install Telephone and CATV Service Conduit $700,000
$500,000
9 Impacted Street Light Replacement (Village Custom) 10 Restoration $1,800,000
$300,000
11 Construction Management $1,200,000
12 Engineering/Permitting/Surveying $600,000
13 Construction Administration $600,000
14 Legal Fees/Easement Acquisition $200,000
15 Public Outreach $100,000
16 Credits 17 FPL Credit - 25% GAF Waiver
$(1,400,000)
18 Subtotal Undergrounding Project Costs $12,500,000
19 10% Contingency $1,300,000
20 Inflation $1,600,000
21 PHASE 2 Total Undergrounding Project Costs $15,400,000