Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 196

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 3 North
Item No.
Description
Amount
1 FPL Overhead to Underground Conversion $810,000
2 AT&T Overhead to Underground Conversion $280,000
3 Comcast Overhead to Underground Conversion $190,000
4 Roadway and Private Property Restoration $730,000
5 FPL Direct Costs $860,000
6 AT&T Direct Costs $200,000
7 Comcast Direct Costs 8 FPL Service Conduit (Private Property) $220,000
9 Engineering/Permitting/Surveying $290,000
10 Construction Administration $240,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver
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$90,000
$90,000
($460,000)
Subtotal Estimate – Today’s Dollars $3,500,000
Subtotal Estimate – Considering Inflation $3,800,000
Contingency $340,000
Total = $4,140,000
TOWN OF PALM BEACH