Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 204

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 7 North
Item No.
Description
Amount
$1,020,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $360,000
3 Comcast Overhead to Underground Conversion $250,000
4 Roadway and Private Property Restoration $910,000
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 $360,000
10 Construction Administration $260,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000
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$1,070,000
($570,000)
Subtotal Estimate – Today’s Dollars $4,400,000
Subtotal Estimate – Considering Inflation $5,250,000
Contingency $480,000
Total = $5,730,000
TOWN OF PALM BEACH