HomeMy WebLinkAbout20260094 29 Myrtle St Subdivision Cost EstimateCost Estimate for Letter of Credit
Planning Board No.: 202xxxxx
Project: Myrtle Street Subdivision
Location: Myrtle Street
Saratoga Springs, NY
Date: 1/26/2026
Firm Name & Preparer: The LA Group (Job # 2025080)
On Site (All infrastructure & amenities on private property)
Item #Item/Remarks Quantity Unit Unit Cost Subtotal % Complete Reduced $
Site Preparation and Grading
1 Erosion Control (including silt fence)1 LS $500.00 $500.00 0%$500.00
2 Site Clearing and Preparation 1 LS $5,000.00 $5,000.00 0%$5,000.00
3 Construction Entrance 3 EA $750.00 $2,250.00 0%$2,250.00
Total onsite Work $7,750.00 $7,750.00
Total onsite X.25 $1,937.50 $1,937.50
Off Site (All infrastructure & amenities to be dedicated to the City)
Item #Item/Remarks Quantity Unit Subtotal % Complete Reduced $
Misc.
4 Demolition (Asphalt/Concrete Sidewalk)1,500 SF $1.50 $2,250.00 0%$2,250.00
5 Concrete Walk 630 SF $8.00 $5,040.00 0%$5,040.00
6 Cast in Place Concrete Curb 118 LF $17.00 $2,006.00 0%$2,006.00
7 Pavement Patch (Backfill, Subbase, Binder, Top)870 SF $6.50 $5,655.00 0%$5,655.00
8 Pavement (Driveway)150 SF $5.00 $750.00 0%$750.00
9 Trees 9 EA $750.00 $6,750.00 0%$6,750.00
10 Lighting 2 EA $4,000.00 $8,000.00 0%$8,000.00
Site Utilities
11 Sanitary Sewer Connection 3 EA $2,500.00 $7,500.00 0%$7,500.00
12 6" PVC Sanitary Service 75 LF $50.00 $3,750.00 0%$3,750.00
13 3/4" Water Service Connection 3 EA $1,000.00 $3,000.00 0%$3,000.00
14 3/4" Copper Water Line 75 LF $40.00 $3,000.00 0%$3,000.00
15 3/4" Curb Stop 3 EA $600.00 $1,800.00 0%$1,800.00
16 As Built Drawings 1 LS $2,500.00 $2,500.00 0%$2,500.00
Total offsite Work $52,001.00 $52,001.00
Total On-Site Work X25%$1,937.50
Total Off-Site work $52,001.00
Total = $53,938.50 * New LOC Reduced Amount = XXXX
LOC Amount = $54,000.00
2026-01-26 LOC.xls
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% = $13,500.00 (25% LOC Amount)
2026-01-26 LOC.xls