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HomeMy WebLinkAboutItem 6 - Final Project Cost Summary 2012 Street and Water Quality Improvements 11 11: CI"I'Y ()I' City of Lake Elmo, Minnesota LAKE ELMO Project No.2012.123 PROJECT BUDGET SUMMARY REPORT- ENGINEERING SERVICES PROJECT BUDGET BY PHASE BUDGET CONTRACT TYPE JTD INVOICED % Feasibility Report $9,600.00 Lump Sum $9,601.22 100.0% Design/Bidding Phase Services $39,555.00 Hourly NTE $36,922.76 93.3% Construction Administration/Staking $30,920.00 Est.Hourly $37,893.00 122.6% Construction Observation $45,000.00 Est.Hourly $41,510.22 92.2% ------------------------------------------------------------------------------------------------------------------------------------------------------------------ TOTAL Engineering Fees $125,075.00 $125,927.20 100.7% ADDITIONAL SERVICES BUDGET CONTRACT TYPE JTD INVOICED % 2012 Rain Garden Project $5,000.00 Est.Hourly $4,363.50 87.3% Parking Lot Design $3,220.00 Est.Hourly $2,742.43 85.2% CO#1-Parking Lot Redesign-Concrete Curb $2,980.00 Hourly NTE $2,752.50 92.4% ------------------------------------------------------------------------------------------------------------------------------------------------------------------ TOTALAdditionalServices $11,200.00 $9,858.43 88.0% TOTAL ENGINEERNG SERVICE FEES $136,275.00 $135,785.63 99.6% PROJECT BUDGET SUMMARY REPORT-TOTAL PROJECT COSTS TOTAL PROJECT BUDGET BREAKDOWN AUTHORIZED BUDGET FINAL COST Construction Cost-Contract Bid Amount $849,736.79 Change Order No.1-Add Parking Lot Concrete Curb and Gutter $11,898.00 Compensating Change Order No.2-revise bid quantities to actual installed -$61,816.36 REVISED Construction Contract Amount $861,634.79 $799,818.43 Engineering Services $136,275.00 $140,260.41 Geotechnical Services $13,714.14 $13,714.14 Est,Legal,Fiscal&Administration $22,000.00 $42,000.00 Contingency Budget $9,345.42 TOTAL PROJECT BUDGET $1,042,969.35 $995,792.98 PROJECT FUNDING SOURCE BREAKDOWN Surface Water Funds-Rain Garden Engineering[Construction Separate] -$5,000.00 Authorized Park Funds for repair of DeMontreville Parking Lot -$44,923.00 2012 STREET IMPROVEMENTS-TOTAL ASSESSABLE PROJECT COSTS $945,869.98 Costs Assessed to Benefitting Properties @ 30% [95 benefitting properties] $285,000.00 City Share of Street Improvement Costs @ 70% $660,869.98 Construction Start Date: July 17,2012 Final Unit Assessment: $3,000 Substantial Completion Date: October 19,2012 Final Completion Date: November 30,2012 City of Lake Elmo,Minnesota Project No.2012.123 2012 Street and Water Quality Improvements PAGE 1