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<br />Prepared by: Bolton & Menk, Inc. ESTIMATED COSTS <br />Allen Avenue Improvements ǀ N15.119846 Page 8 <br />IV. ESTIMATED COSTS <br />The estimated project cost to complete the improvements proposed herein are presented below. <br />These costs include estimated construction costs, a 10% contingency, and 25% indirect costs (legal, <br />engineering, administration, and finance). <br />These cost estimates are based upon public construction cost information. Since the consultant has <br />no control over the cost of labor, materials, competitive bidding process, weather conditions, and <br />other factors affecting the cost of construction, all cost estimates are opinions for general <br />information of the client and no warranty or guarantee as to the accuracy of construction cost <br />estimates is made. It is recommended that costs for project financing should be based upon actual, <br />competitive bid prices with reasonable contingencies. <br /> ALLEN AVENUE <br />Table 1 – Estimated Cost Summary <br />Allen Avenue <br />Centerville Road to Edgerton Street <br />(See Appendix B for Detailed Cost Estimate) <br />Item Total Estimated Cost <br />Street $574,936 <br />Sanitary Sewer $13,063 <br />Watermain $51,769 <br />Storm Sewer $42,048 <br />Sidewalk $282,679 <br />Total $964,494 <br /> <br /> <br /> PITRINA ASSOCIATION CULDESACS <br />Table 2 – Estimated Cost Summary <br />Pitrina Association Culdesacs <br />(See Appendix B for Detailed Cost Estimate) <br />Item Total Estimated Cost <br />Street $395,257 <br />Sanitary Sewer $4,813 <br />Watermain $39,600 <br />Storm Sewer $0 <br />Total $439,670 <br /> <br />