Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 203

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 6 South
Item No.
Description
Amount
$2,250,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $740,000
3 Comcast Overhead to Underground Conversion $480,000
4 Roadway and Private Property Restoration $1,610,000
5 FPL Direct Costs $3,130,000
6 AT&T Direct Costs $360,000
7 Comcast Direct Costs $160,000
8 FPL Service Conduit (Private Property) $390,000
9 Engineering/Permitting/Surveying $770,000
10 Construction Administration $290,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $230,000
12
($1,310,000)
Subtotal Estimate – Today’s Dollars $9,100,000
Subtotal Estimate – Considering Inflation $10,500,000
Contingency $970,000
Total = $11,470,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 177