Key Biscayne Master Plan 043944000.18w_Key_Biscayne_MP(forJooMag) | Page 132

VILLAGE OF KEY BISCAYNE UNDERGROUNDING OF UTILITIES — MASTER PLAN PHASE 3 – Village of Key Biscayne Overall Program Opinion of Probable Cost - August 2018 Item No. 128 Opinion of Probable Cost Description 1 FPL Overhead to Underground Conversion $3,200,000 2 CATV Overhead to Underground Conversion 3 Telephone Overhead to Underground Conversion 4 FPL Direct Costs 5 CATV Direct Costs $200,000 6 Telephone Direct Costs $600,000 7 Install FPL Services $400,000 8 Install Telephone and CATV Service Conduit $700,000 9 Impacted Street Light Replacement (Village Custom) $100,000 10 Restoration $1,900,000 11 Construction Management $1,100,000 12 Engineering/Permitting/Surveying $500,000 13 Construction Administration $500,000 14 Legal Fees/Easement Acquisition $200,000 15 Public Outreach $100,000 16 Credits 17 FPL Credit - 25% GAF Waiver $400,000 $900,000 $1,900,000 $(1,400,000) 18 Subtotal Undergrounding Project Costs $11,300,000 19 10% Contingency $1,100,000 20 Inflation $1,400,000 21 PHASE 3 Total Undergrounding Project Costs $13,800,000