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CITY OF LITTLE CANADA <br />REPAIR OF PAYNE AVENUE -- ESTIMATED COST <br />A. EXCAVATE AND REPAVE TWO AREA <br />ESTIMATE BID <br />Construction $65,500 $57,595 <br />Contingency 6,550 2,879 <br />Legal 1,310 1,152 <br />Fiscal 3,930 3,455 <br />Administrative 1,310 1,152 <br />Engineering 9,825 8,639 <br />$88,425 $74,873 <br />Capital Interest 8,843 7,487 <br />TOTAL $97,268 $82,360 <br />25% Estimated = $442 per lot <br />25% Bid = $20,590 = $374 per lot <br />B. GRIND AND OVERLAY REMAINDER <br />Construction $16,813 $16,125 <br />Overhead 5,884 4,837 <br />$22,697 $20,962 <br />Capital Interest 2,270 2,096 <br />TOTAL $24,967 $23,058 <br />25% Estimated = $363 per lot <br />80% Bid = $18,446 = $335 per lot <br />C. SEAL COAT BY CITY = $7,720 <br />STORM SEWER BY CITY = $27,239 $13,160 <br />Overhead . . 3,948 <br />Capital <br />Interest. . <br />Page 2 <br />$17,108 <br />1,710 <br />$18,818 <br />