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6. EST�MATEII C�QSTS <br />Es�mat�d co�structiar� c+�st� �a�e been tabutated based on c�rrent maxket price� and inalude a 15 <br />p�rc�nt contingency faetar. fl�verk�ead ct�sfs, esti�rta�ed at 2(i percent, inci�zcle Iegal, en�ine{ering, <br />administrati�ve and �'iscal costs. Fina.l eosts will �ae de�erinined &�y using �c�w bid ca�nstrwc#ion casts af the <br />propased v�rar�C. <br />Prvpvs�d constru�ti�n costs for the Q�d �neliing Av�nue 1 nld Highway 1 q Tcai� a.��err�atives are <br />ite�iz�d in the tabies lac��ed in Appendix B and are summarized below. These cost estimates are bas�d <br />upon publi� �ans�ruction �as� infcrrn�.ation. �ince the consultazzt �as n� �c�ntrvl vver �e cast r��iabor, <br />ma.teriais, cc�mpetitive bidding pracess, weath�r canditions aiad ather factQr� affecting th.e c4st oi <br />constru�tion, al! cqst estim�tes are �o�i�ians for general izzfor�natian �f t�te client and na wa�anty crr <br />guarant�e as to th� acctuac� �� canstructivn c�s� estiz�ates is mad�. It is reco�nm�ntieti that costs fc�r <br />pr�ject financ�ng st�ouid be baseci upon actual, Cotxipe�iti�e bid �races wsth reasanable +�rantingencies. <br />EST�MATED PR+DJECT C(3ST� <br />West Cr�rrid�r �* <br />Estirr��ted �anstructivn Cost $ �,655,18�.t}0 <br />Conting�ncies (�5%0} $ 2�'�,�77.Oa <br />Er�gineer�ng and Administraiivn (�fl`�/o} $ 38D,C�I.4D <br />Tvta1 Estimated �st -- VVest Carridor �$ 2,2�4,148.4+� <br />East Carr�dor *, <br />Estitt�ated Cvnst.�uctian �ast $ I,{Cf�,325.{}� <br />Contingencie� (15°fo} $ 240,�48.75 <br />Engi�eerir�g an�i Actrninistration (2D%o} $ 368,994.?5 <br />Tc��ai �st�mated Casfi — East Carridar $ 2,213,968.59 <br />* Alsr� i��ludes �rid�e crc�ssing �osts <br />Sridge Crassing and Neeessary Traii Con�tructien * <br />Es�ima�ed. Cvnstnaci�on Cc�st <br />Cantinge�,cies ( I S%a) <br />Engineering and Admir�istration �2(�°/a) <br />Tc�tal Estirr�ated �vst —'W'est Cc�rrid€�r <br />* Uoes nr�t inclutie any �aardwalk cs�nstt��uuctivn that rnay b� rcec�ssary <br />Clld 5nelli�g Avenue 1 f��d Highw�.y 14 Trail Shady, City of Arden Hiiis <br />8MI Pr�ject No. T16.It3€f325 <br />� �so,�g�.�a <br />� G�#y�V'�.W� <br />$ 36,8€l�.f�0 <br />�F ZL�yO����lA <br />Paga 9 <br />