Laserfiche WebLink
<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />3. FUNDING <br /> <br />3.1 Reconnaissance Phase <br />The Reconnaissance Phase is 100% Federally funded and it is estimated that it will cost <br />up to $197,000 by the time the FCSA is negotiated and the cost-shared phase begins, The <br />following table lists estimated costs for the reconnaissance phase by Fiscal Year through <br />spring 2005, While it is desired that a Reconnaissance Study should cost no more than <br />$100,000, there is a provision for contingencies, which can raise the cost of the study, <br />Contingencies include complex scopes and the need to re-scope the study as a result of <br />the negotiations leading to the FCSA, The Feasibility Phase, which is the next step, will <br />be cost shared equally by the Sponsor and the Corps, The Sponsor's share may be wholly <br />in cash or as in-kind services or a combination of both. <br /> <br />Table 3. Reconnaissance Phase Study Costs <br /> <br />FY 05 Total <br />Description FY 03 Cost FY 04 Cost Cost" Cost <br />Project <br />Management' <br />PMP <br />905 (b) Analysis <br />FCSA <br />Travel <br /> <br /> $11,460 $39,268 $8,000 $58,728 <br />$ - $34,630 $40,156 $74,786 <br /> $10,910 $22,600 $ . $33,510 <br />$ , $5,000 $11,180 $16,180 <br /> $460 $1,790 $2,500 $4,750 <br /> <br />Total <br /> <br />$22,830 <br /> <br />$103,288 <br /> <br />$61,836 $187,954 <br /> <br />* Includes Plan Formulation work on PMP, 905(b) & FCSA and Program Control. <br />** Estimated through mid-May 2005 <br /> <br />3.2 Feasibility Phase <br /> <br />. <br />. <br /> <br />The total estimated cost for completion of the feasibility study is estimated at <br />about $1,450,000 The total cost of the feasibility study will be shared equally between the <br />Corps and the non-federal Sponsor, with the city of Greeley credited for in-kind services <br />performed. It should be noted that the in,kind services have not been negotiated and are <br />rough estimates at this time, As indicated in the Feasibility Cost Sharing Agreement, <br />excess study costs will also be cost-shared equally with the city of Greeley. A draft <br />detailed breakdown of total and the "Decision Point I" study costs are summarized in <br />Table 4 Table 5 provides the estimated pace of expenditures on this study by Federal <br />Fiscal Year, <br /> <br />I <br />I <br /> <br />. <br />I <br /> <br />13 <br />