Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 195

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 2 South
Item No.
Description
Amount
$1,020,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $340,000
3 Comcast Overhead to Underground Conversion $240,000
4 Roadway and Private Property Restoration $940,000
5 FPL Direct Costs 6 AT&T Direct Costs $260,000
7 Comcast Direct Costs $110,000
8 FPL Service Conduit (Private Property) $280,000
9 Engineering/Permitting/Surveying $370,000
10 Construction Administration $230,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000
12
$1,100,000
($580,000)
Subtotal Estimate – Today’s Dollars $4,400,000
Subtotal Estimate – Considering Inflation $4,500,000
Contingency $420,000
Total = $4,920,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 169