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• • Anoka County Contract No.2006 -0560 III. COSTS A. CONSTRUCTION The contract costs of the work, or if the work is not contracted, the cost of all labor, materials, normal engineering costs, design costs for city utilities and equipment rental required to complete the work, shall constitute the actual "construction costs" and shall be so referred to herein. "Estimated costs" are good faith projections of the costs, which will be incurred for this project. Actual costs may vary and those will be the costs for which the relevant parties will be responsible. The estimated construction cost of the total project is $1,414,769.65. Participation in the construction cost is as follows: 1. The City shall provide construction observation for the relocation and reconstruction of their utilities and approve for acceptance the work as it is completed. 2. The City shall pay one hundred percent (100 %) of the hydrant and curb box relocation and gate box adjustment as well as water and sewer relocation and construction. The estimated City cost of these items is $130,128.00. 3. The City shall furnish and deliver to the site replacement hydrants for any hydrants, which are being relocated as a part of this project, which they want replaced. 4. The County shall pay for all remaining construction costs. The total estimated construction cost to the City for the project is $130,128.00 as shown on the attached Exhibit A. The City participation in construction engineering will be at a rate of eight percent (8 %) of their designated share. The estimated cost to the City for construction engineering is $10,410.24. The grand total estimated construction cost to the City for the project is $140,538.24. Upon award of the contract, the City shall pay to the County, upon written demand by the County, ninety -five percent (95 %) of its portion of the construction costs payment estimate which is $133,511.32. The City's share of the cost of the project shall include only construction and construction engineering expense and does not include administrative expenses incurred by the County. Upon final completion of the project, the City's share of the construction cost will be based upon actual construction costs. If necessary, adjustments to the initial ninety five percent (95 %) charged will be made in the form of credit or additional charges to the City's share. Also, the remaining five percent (5 %) of the City's portion of the construction costs shall be paid. B. DESIGN The City shall be responsible for all design costs for the relocation of its watermain. The total estimated cost to the City for design is $12,957.62. Upon award of the contract, the City shall pay to the County, upon written demand by the County, shall pay one - hundred percent (100 %) of its portion of design costs for the relocation of its watermain 2