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ESTIMATED COST8 <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 costs 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 t° 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 Helium Street N.W. <br />to service the area to the north. <br /> <br />tn 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 engineehng, construction <br />staking, inspection, fiscal, legal, administrative 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 />In addition, acquisition of the Jones easement has been added to the construction and overhead <br />costs to obtain the resultant total project cost. The easement acquisition cost has been estimated <br />based upon right-of-way acquisition settlements on similar City projects. The above easement <br />acquisition cost is based upon it being obtained through negotiation and does not anticipate the <br />costs of emhnent domain procedures. <br /> <br />TABLE i <br /> <br />ESTIMATED PROJECT 4P92-22 COSTS <br /> <br />Project Components <br /> <br />Project Trunk Total <br />Assessable Attributable <br /> <br />Sanitary Sewer 41,320 ~,?/~ 3,495 44,815 <br />Watermain 47,075 t~ 7,600 54,675 <br />Storm Sewer 9,750 -0- 9,750 <br />Street Improvements 52.659 -0- 52.659 <br />Total Construction Cost 150,804 1,~'~',~'~ 11,095 161,899 <br /> <br />Overhead Costs @ 30% Const. Cost <br />Easement Cost <br /> <br />Total Project Cost <br /> <br />Revised <br /> <br /> 45,24i <br /> <br /> 2,794 <br /> 198,839 <br /> <br /> 2 <br />March 17, 1993 <br /> <br />3,329 48,570 <br />206 ?~'"~'~ 3,000 <br />14,630 r~,o~ 213,469 <br /> <br /> <br />