Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 199

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 4 South
Item No.
Description
Amount
$1,150,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $370,000
3 Comcast Overhead to Underground Conversion $230,000
4 Roadway and Private Property Restoration $830,000
5 FPL Direct Costs 6 AT&T Direct Costs 7 Comcast Direct Costs 8 FPL Service Conduit (Private Property) $200,000
9 Engineering/Permitting/Surveying $360,000
10 Construction Administration $270,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000
12
$1,240,000
$180,000
$80,000
($620,000)
Subtotal Estimate – Today’s Dollars $4,400,000
Subtotal Estimate – Considering Inflation $4,800,000
Contingency $440,000
Total = $5,240,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 173