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<br />. <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />'I <br />I <br />'. <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />1. <br /> <br />COST ESTIMATES <br /> <br />A. GENERAL <br /> <br />Based on the information gathered to date and the conclusions of <br /> <br />this report, the following cost estimates have been prepared for <br /> <br />the construction of storm drainage system improvements. These <br /> <br />estimates are based upon recent bid prices of similar work, mater- <br /> <br />ial quotations from manufacturers and suppliers, local conditions <br /> <br />affecting the proposed work and knowledge of drainage work in the <br /> <br />northeastern Colorado area. <br /> <br />These estimates include an allowance of 20% to cover engineering <br /> <br />design and supervision, legal and administrative work, and construc- <br /> <br />tion contingencies. <br /> <br />Estimated costs presented herein are anticipated 1976 figures. As <br /> <br />scheduled, if construction is anticipated to occur beyond the year <br /> <br />1976, it is recommended that an escalation allowance of approx- <br /> <br />imately 80/, per year compounded be included in that portion. <br /> <br />27 <br />