Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 200

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 5 North
Item No.
Description
Amount
$1,250,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $430,000
3 Comcast Overhead to Underground Conversion $300,000
4 Roadway and Private Property Restoration $1,130,000
5 FPL Direct Costs $1,320,000
6 AT&T Direct Costs $310,000
7 Comcast Direct Costs $140,000
8 FPL Service Conduit (Private Property) $340,000
9 Engineering/Permitting/Surveying $440,000
10 Construction Administration $290,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $130,000
12
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($700,000)
Subtotal Estimate – Today’s Dollars $5,400,000
Subtotal Estimate – Considering Inflation $6,000,000
Contingency $550,000
Total = $6,550,000
TOWN OF PALM BEACH