Palm Beach Undergrounding Master Plan COMPLETE MP Online-v4 | Page 198

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 4 North
Item No.
Description
Amount
1 FPL Overhead to Underground Conversion $990,000.00
2 AT&T Overhead to Underground Conversion $340,000.00
3 Comcast Overhead to Underground Conversion $240,000.00
4 Roadway and Private Property Restoration $900,000.00
5 FPL Direct Costs 6 AT&T Direct Costs $250,000.00
7 Comcast Direct Costs $110,000.00
8 FPL Service Conduit (Private Property) $270,000.00
9 Engineering/Permitting/Surveying $350,000.00
10 Construction Administration $260,000.00
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $100,000.00
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$1,050,000.00
($560,000.00)
Subtotal Estimate – Today’s Dollars $4,290,000.00
Subtotal Estimate – Considering Inflation $4,690,000.00
Contingency $430,000.00
Total = $5,120,000
TOWN OF PALM BEACH