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11-17-2021 Council Packet
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11-17-2021 Council Packet
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<br />Prepared by: Bolton & Menk, Inc. ESTIMATED COSTS <br />2022 Street & Utility Improvements (Yorkton Ridge, Maple Ln - Jackson) St ǀ 0N1.125241 Page 7 <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, 18% engineering, and <br />allowances for geotechnical investigations. <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 /> Yorkton Ridge <br />Table 1 – Estimated Cost Summary – Yorkton Ridge <br />(See Appendix B for Detailed Cost Estimate) <br />Item Total Estimated Cost <br />Street $220,402 <br />Sanitary Sewer $13,305 <br />Watermain $41,276 <br />Storm Sewer $27,193 <br />Total $302,176 <br /> <br /> Maple Lane – Jackson Street <br />Table 2 – Estimated Cost Summary – Maple Lane – Jackson Street <br />(See Appendix B for Detailed Cost Estimate) <br />Item Total Estimated Cost <br />Street $251,522 <br />Sanitary Sewer $13,889 <br />Watermain $26,479 <br />Storm Sewer $7,820 <br />Total $299,710 <br />
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