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<br /> <br />Feasibility Report <br />2026 Bald Eagle Industrial Park Area Street Improvement Project <br />S.A.P. 224-101-003, 224-108-003, 224-110-003 <br />City of Hugo <br />WSB Project No. 028436-000 Page 11 <br />5 Financing <br />5.1 Opinion of Probable Cost <br />The total project cost is estimated to be $4,690,400 . A detailed breakdown of the <br />cost opinion for the proposed project can be found in Appendix B of this report. The <br />opinion of cost incorporates estimated 2026 construction costs and includes a 5 % <br />contingency factor. Indirect costs are projected at 2 0 % of the estimated construction <br />cost and include legal, engineering, administrative, and financing costs. <br />2026 BALD EAGLE INDUSTRIAL PARK AREA <br />STREET IMPROVEMENT PROEJCT <br />ESTIMATED PROJECT COSTS <br />IMPROVEMENT ESTIMATED <br />COST <br />SCHEDULE A - STREET IMPROVEMENTS $3,674,900 <br />SCHEDULE B - STORM SEWER IMPROVEMENTS $274,300 <br />SCHEDULE C - FENWAY AVENUE TRAIL IMPROVEMENTS $374,600 <br />SCHEDULE D - 140TH STREET TRAIL IMPROVEMENTS $179,500 <br />SCHEDULE E - WATER TOWER PARK SITE IMPROVEMENTS $72,200 <br />SCHEDULE F - EUROPA COURT TRAIL IMPROVEMENTS $114,900 <br />TOTAL $4,690,400.00 <br />