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Agenda - Council - 09/27/1994
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Agenda - Council - 09/27/1994
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
09/27/1994
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ESTIMATED COSTS <br /> <br />The project is summarized in Table 1 below. An itemized breakdown of the construction costs are <br />presented in Appendix B. The construction cost summarized in Table 1 have been divided into <br />project assessable costs and trunk eligible costs. The project assessable costs are those costs <br />necessary to provide service to the project area alone. The trunk eligible costs represent those costs <br />associated with oversizing certain elements of the project to serve adjacent areas outside the project <br />area. In this project, the difference in cost between an eight inch and twelve inch watermain is <br />considered trunk eligible as would the extra depth of the sanitary sewer down 150th Lane N.W. to <br />service the area to the north. <br /> <br />In addition to construction costs, Table 1 contains overhead costs on the amount of 30% of the <br />construction costs. Overhead costs include, but are not limited to engineering, construction <br />staking, inspection, fiscal, legal, adn-tinistrative and contingency costs. An estimate of these costs <br />is as follows: <br /> <br />Engineering 10% <br />Staking and Inspection 7% <br />Fiscal and Legal 3% <br />Administration 5% <br />Contingencies 5% <br /> <br />Project Componenls <br /> <br />Sanitary Sewer <br />Watermain <br />Storm Sewer <br />Street Improvements <br />Total Construction Cost <br /> <br />ESTIMATED <br /> <br />TABLE 1 <br /> <br />PROJECT ~g)4.22 COSTS <br /> <br />Project Trunk <br />Assessable . Altributable <br /> <br />15,210 l 2,445 <br />18,065 4,290 <br />2,440 0 <br />21,560 0 <br />57,275 16,735 <br /> <br />Total <br /> <br />27,655 <br />22,355 <br /> 2,440 <br />21,560 <br />74,010 <br /> <br />Overhead Costs @ 30% Const. Cost <br /> <br />17,180 5,02(7} 22,200 <br /> <br />Total Project Cost 74,455 21,755 96,210 <br /> <br /> <br />
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