Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 197

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 3 South
Item No.
Description
Amount
$1,350,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $460,000
3 Comcast Overhead to Underground Conversion $310,000
4 Roadway and Private Property Restoration $1,240,000
5 FPL Direct Costs $1,460,000
6 AT&T Direct Costs $340,000
7 Comcast Direct Costs $150,000
8 FPL Service Conduit (Private Property) $370,000
9 Engineering/Permitting/Surveying $480,000
10 Construction Administration $300,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $140,000
12
($770,000)
Subtotal Estimate – Today’s Dollars $5,800,000
Subtotal Estimate – Considering Inflation $6,200,000
Contingency $570,000
Total = $6,770,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 171