Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | 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
2 AT&T Overhead to Underground Conversion $340,000
3 Comcast Overhead to Underground Conversion $240,000
4 Roadway and Private Property Restoration $900,000
5 FPL Direct Costs 6 AT&T Direct Costs $250,000
7 Comcast Direct Costs $110,000
8 FPL Service Conduit (Private Property) $270,000
9 Engineering/Permitting/Surveying $350,000
10 Construction Administration $260,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $100,000
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$1,050,000
($560,000)
Subtotal Estimate – Today’s Dollars $4,300,000
Subtotal Estimate – Considering Inflation $4,700,000
Contingency $430,000
Total = $5,130,000
TOWN OF PALM BEACH