Palm Beach Undergrounding Master Plan COMPLETE MP Online-v5 | Page 206

Town of Palm Beach
Master Planning Engineer’s Conceptual Opinion of
Probable Cost for Undergrounding
Phase 8
Item No.
Description
Amount
$2,260,000
1 FPL Overhead to Underground Conversion 2 AT&T Overhead to Underground Conversion $730,000
3 Comcast Overhead to Underground Conversion $460,000
4 Roadway and Private Property Restoration $1,620,000
5 FPL Direct Costs $3,190,000
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 $780,000
10 Construction Administration $290,000
11 Legal Fees
Credits
FPL Credit – 25% GAF Waiver $230,000
12
180 | CHAPTER TWELVE
($1,320,000)
Subtotal Estimate – Today’s Dollars $9,100,000
Subtotal Estimate – Considering Inflation $11,300,000
Contingency $1,000,000
Total = $12,300,000
TOWN OF PALM BEACH