Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 201

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 5 South
Item No.
Description
Amount
$1,560,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $510,000
3 Comcast Overhead to Underground Conversion $330,000
4 Roadway and Private Property Restoration $1,120,000
5 FPL Direct Costs $1,890,000
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 $510,000
10 Construction Administration $300,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $150,000
12
($840,000)
Subtotal Estimate – Today’s Dollars $6,200,000
Subtotal Estimate – Considering Inflation $6,900,000
Contingency $640,000
Total = $7,540,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 175