Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 205

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 7 South
Item No.
Description
Amount
$1,060,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $370,000
3 Comcast Overhead to Underground Conversion $250,000
4 Roadway and Private Property Restoration $960,000
5 FPL Direct Costs 6 AT&T Direct Costs $270,000
7 Comcast Direct Costs $120,000
8 FPL Service Conduit (Private Property) $290,000
9 Engineering/Permitting/Surveying $380,000
10 Construction Administration $270,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $110,000
12
$1,120,000
($600,000)
Subtotal Estimate – Today’s Dollars $4,600,000
Subtotal Estimate – Considering Inflation $5,500,000
Contingency $500,000
Total = $6,000,000
TOWN-WIDE UNDERGROUNDING OF UTILITIES PROGRAM
MASTER PLAN DOCUMENT
OVERALL PROGRAM OPINION OF PROBABLE CONSTRUCTION COSTS | 179