FS0018X Feasibility study

• Contract/PO #: FS0018X
• Contractor Name: Sterling, City of
• Contract Type: Loan
• Water District: 0
• County: Logan
• Loan Projects - Doc Type: Feasibility Study

I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I

A contingency of 15 percent of the construction cost was added to all estimates. This contingency is
intended to cover incidental costs that would be associated with these types of projects but are not
identified with the conceptual level of details.

Engineering will include design and construction surveying and was assumed to be 12 percent of total
construction costs.

Legal, fiscal, and administration costs were assumed to be 5 percent of the total construction cost. In
the following tables are presented the estimated project cost for the Pawnee Creek Improvements
Alternative Nos. 2 through 6 respectively. Table 9 presents a summary of the costs for each
alternative.

Table 9. Alternative Cost Summary

Construction
Eng.l Admin
Land
Total

$2,012,953
$ 342,202
$ 65,000
$2,420,155

$2,691,000
$ 458,000
$ 65,000
$3,214,000

$2,476,000
$ 421,000
$ 500,000
$3,397,000

Does not include CDOT bridge costs which are budgeted for the year 2001 to replace the structurally
and functionally obsolete HWY 6 (Northbound) Bridge. Costs are included for increasing the south
bound bridge hydraulic capacity as a part of the proposed project.

Funding Sources

Actual projected source of funds or contributions include the following:

Public:
Federal Funds:
State Funds:
City Funds:
County Funds:

$1,041,864
$1,160,000
$ 813,136
$ 200,000

Private:

$

o

TOTAL

$ 3,215,000

VIII. SELECTED AL TERNA TIVE

A conceptual design for each of the alternative major project elements was completed in sufficient
detail to determine construction quantities and cost estimates. All of the projects were then reviewed
and studied in order to develop a project selection matrix. Several factors were used to evaluate and
prioritize the projects and their components. Each Alternative was ranked from 1 through 6 with the
highest ranked alternative receiving the most points. Each factor was given a weighting factor based
upon the relative importance of the factor. The higher the weighting factor, the more points scored.
The total weighting factors are 100. Thus if an alternative was ranked first in every category it would

28