Key Biscayne Master Plan 043944000.18w_Key_Biscayne_MP(forJooMag) | Page 128

VILLAGE OF KEY BISCAYNE UNDERGROUNDING OF UTILITIES — MASTER PLAN PHASE 1 – Village of Key Biscayne Overall Program Opinion of Probable Cost - August 2018 Item No. 124 Opinion of Probable Cost Description 1 FPL Overhead to Underground Conversion 2 CATV Overhead to Underground Conversion $2,700,000 $300,000 3 Telephone Overhead to Underground Conversion $700,000 4 FPL Direct Costs 5 CATV Direct Costs 6 Telephone Direct Costs $500,000 7 Install FPL Services $400,000 8 Install Telephone and CATV Service Conduit $600,000 9 Impacted Street Light Replacement (Village Custom) $400,000 10 Restoration $1,600,000 11 Construction Management $1,000,000 12 Engineering/Permitting/Surveying $500,000 13 Construction Administration $500,000 14 Legal Fees/Easement Acquisition $100,000 15 Public Outreach $100,000 16 Credits 17 FPL Credit - 25% GAF Waiver $1,300,000 $200,000 $(1,100,000) 18 Subtotal Undergrounding Project Costs $9,800,000 19 10% Contingency $1,000,000 20 Inflation $1,200,000 21 PHASE 1 Total Undergrounding Project Costs $12,000,000