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Inlet Works 6 Trash Rack, 12" 1 L.S. $15,000.00 $ 15,000.00 <br />Outlet Valve Control Enclosure 1 L.S. $ 9,300.00 $ 9,300.00 <br />Estimated Construction Cost $551,500.00 <br />Engineering, Legal, Administration <br />Costs - 20% of Construction Costs $110,300.00 <br />Subtotal $661,800.00 <br />20X Contingency Fund $132,360.00 <br />Estimated Total Project Cost $794,160.00 <br />PROJECTID PRICE INCREASE <br />With the historic "boom-bust" economic cycles of Western Colorado, any long <br />term cost projections would be futile. The past few years have seen <br />construction prices decrease rather than increase. Economic activity has <br />seemed to increase in the latter half of this year. <br />If no new boom cycle occurs prior to the construction of this project, <br />prices should increase no more than five percent per year. <br />If a boom cycle arrives prior to the construction of this project, prices <br />could escalate as much as twenty-five percent per year. <br /> <br />VII-3 <br />