Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 194

Town of Palm Beach Master Planning Engineer’ s Conceptual Opinion of Probable Cost for Undergrounding
Phase 2 North

Town of Palm Beach Master Planning Engineer’ s Conceptual Opinion of Probable Cost for Undergrounding

Phase 2 North

Item No. Description Amount
1 FPL Overhead to Underground Conversion $ 870,000 2 AT & T Overhead to Underground Conversion $ 300,000 3 Comcast Overhead to Underground Conversion $ 210,000 4 Roadway and Private Property Restoration $ 790,000 5 FPL Direct Costs $ 910,000 6 AT & T Direct Costs $ 220,000 7 Comcast Direct Costs $ 100,000 8 FPL Service Conduit( Private Property) $ 240,000 9 Engineering / Permitting / Surveying $ 310,000 10 Construction Administration $ 230,000
11
Legal Fees
$ 90,000
Credits
12
FPL Credit – 25 % GAF Waiver
($ 490,000)
Subtotal Estimate – Today’ s Dollars $ 3,800,000 Subtotal Estimate – Considering Inflation $ 3,900,000
Contingency $ 350,000 Total = $ 4,250,000
168 | CHAPTER TWELVE TOWN OF PALM BEACH