HomeMy WebLinkAbout20221088 177 S Broadway & 28 Lincoln Stewarts LOC CalculationCost Estimate for Letter of Credit
(Note: This is not an all inclusive list. Please adjust for project specifics.)
Planning Board No.:
Project:
Location:
Date: 1/16/2023
Firm Name & Preparer: Stewart's Shops Corp., Ryan Rubado Page 1 of 2
On Site (All infrastructure & amenities on private property)
Item # Item/Remarks Quantity Unit Unit Cost Subtotal % Complete Reduced $
Site Preparation and Grading
1 Clearing & Grubbing 1 AC $6,000.00 $3,780.00 0% $3,780.00
2 Rough Grading - Combined cut & fill volumes 500 CY $14.00 $7,000.00 0% $7,000.00
3 Misc. Erosion Control Measures (Includes silt fence and const. entrance 1 EA $5,000.00 $5,000.00 0% $5,000.00
Demolition
4 Building Removal - Residential 1 EA $25,000.00 $25,000.00 0% $25,000.00
5 Building Removal - Old Shop 1 EA $15,000.00 $15,000.00 0% $15,000.00
6 Asphalt Removal & Concrete Removal 15,000 SF $0.75 $11,250.00 0% $11,250.00
Hard Scape
7 Stone Subbase 17,400 SF $1.25 $21,750.00 0% $21,750.00
8 Asphalt Pavement & wing curbing 11,400 SF $2.50 $28,500.00 0% $28,500.00
9 CIP Curbing 405 LF $35.00 $14,175.00 0% $14,175.00
10 Concrete Sidewalks and pads 8,310 SF $12.00 $99,720.00 0% $99,720.00
Site Amenities
11 Striping 1 LS $1,500.00 $1,500.00 0% $1,500.00
12 Bike Rack 1 EA $170.00 $170.00 0% $170.00
13 Site Lighting (includes conduits) 4 EA $3,000.00 $12,000.00 0% $12,000.00
14 Fencing & Dumpster enclosure 1 EA $5,970.00 $5,970.00 0% $5,970.00
Site Water
15 1" Type K Copper Water Service 220 LF $60.00 $13,200.00 0% $13,200.00
Item # Item/Remarks
Site Sanitary
16 4" SDR-26 Sanitary Line & Stone 155 LF $40.00 $6,200.00 0% $6,200.00
17 Grease Trap 1 EA $12,000.00 $12,000.00 0% $12,000.00
Site Storm
18 6" SDR-26 PVC gutter and canopy drains 264 LF $20.00 $5,280.00 0% $5,280.00
19 12" HDPE Storm Drain & Stone 337 LF $35.00 $11,795.00 0% $11,795.00
20 Drainage Structures 7 EA $2,800.00 $19,600.00 0% $19,600.00
Stormwater Management
21 UG Infiltration Basin (40 Chambers, fabric, stone, & 12 HDPE manifold) 1 EA $60,000.00 $60,000.00 0% $60,000.00
22 Hydrodynamic Separator 1 EA $10,000.00 $10,000.00 0% $10,000.00
Landscaping
23 Landscape brick wall w/ foundation 190 LF $100.00 $19,000.00 0% $19,000.00
24 Topsoil/Seed/Mulch 61 CY $70.00 $4,277.78 0% $4,277.78
25 Deciduous Trees 4 EA $400.00 $1,600.00 0% $1,600.00
26 Perennials 30 EA $16.00 $480.00 0% $480.00
27 Shrubs 3 EA $50.00 $150.00 0% $150.00
Total onsite Work $414,397.78 $414,397.78
Total onsite X.25 $103,599.44 $103,599.44
Stewart's Shop #495 - South Broadway
177 South Broadway
Saratoga Springs, NY
495-Letter of Credit Calc-2023.01.16.xls
Off Site (All infrastructure & amenities to be dedicated to the City)Page 2 of 2
Item # Item/Remarks Quantity Unit Subtotal % Complete Reduced $
Pedestrian Amenities
28 Sidewalks 445 SF $12.00 $5,340.00
29 Benches 4 EA $800.00 $3,200.00
Total offsite Work $8,540.00 $0.00
Total On-Site Work X25% $103,599.44
Total Off-Site work $8,540.00
Total LOC Amount = $112,139.44 * New LOC Reduced Amount = $103,599.44
City LOC Approval / Date City LOC Reduction Approval /Date
* LOC cannot be reduced to less than 25% of the original LOC amount.
Maximum Reduction 75% = $28,034.86
495-Letter of Credit Calc-2023.01.16.xls