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40 PRELIMINARY COST ESTIMATE <br />LAKE DRIVE (CSAH 23) /MAIN STREET (CSAH 14) IMPROVEMENTS <br />CITY OF LINO LAKES, MINNESOTA <br />LAKE DRIVE AND MAIN STREET IMPROVEMENTS <br />ROW ACQUISITION & TEMPORARAY CONSTRUCTION EASEMENTS <br />August 11, 2010 <br />$ 606,953.00 <br />$ 520,000.00 <br />SUB TOTAL ESTIMATED CONSTRUCTION $ 1,126,953.00 <br />CONTINGENCIES 15% $ 169,042.95 <br />ENGINEERING PLANS, SPECIFICATIONS, & BID PREP. 20% $ 225,390.60 <br />LEGAL, FISCAL, AND ADMINISTRATION 5% $ 56,347.65 <br />CONSTRUCTION SERVICES AND OBSERVATION 8% $ 90,156.24 <br />TOTAL ESTIMATED PROJECT COSTS $ 1,667,890.44 <br />ROUNDED UP TO $ 1,668,000.00 <br />Estimate does not include expenses associated with the bond. <br />Cost estimates reflect 2012 construction pricing. <br />• <br />