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TABLE 1 <br /> WATERMAIN INTERCONNECTION COSTS <br /> Construction Costs <br /> Restoration 27,500.00 <br /> Watermain Interconnection including services 274,000.00 <br /> Total Construction Costs $274,500.00 <br /> Overhead Costs <br /> Administration 1.00% 2,745.00 <br /> Engineering 7.50% 20,587.50 <br /> Legal 1.50% 4,117.50 <br /> Construction Administration 2.00% 5,490.00 <br /> Inspection 7.00% 19,215.00 <br /> Staking 2.00% 5,490.00 <br /> Bonding and Finance 4.00% 10,980.00 <br /> Contingencies 10.00% 27,450.00 <br /> Total Overhead Costs 35.00 % $96,075.00 <br /> TOTAL PROJECT COSTS $370,575.00 <br /> The watermain interconnection cost is $370,575.00. This compares with the water tower costs <br /> of $600,000 for the water tower and $32,000 for overhead including engineering. Financing <br /> costs, land acquisition, watermain piping, and special foundation considerations could increase <br /> the cost of the water tower. <br /> FEAS- 260.085 - -5- 260-085-11 <br />