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`,, ESTIMATED PROJECT COSTS <br />Estimated costs for the proposed improvements are as follows: <br />Construction Cost $59,000 <br />Contingency (10 %) $ 6,000 <br />Engineering, Legal, Funding, and Administration (20 %) $12,000 <br />Project Total $77,000 <br />A detailed breakdown of the estimate is provided in the Appendix. <br />The costs estimated herein are intended to convey a general and approximate picture of the <br />costs that would probably be incurred today in carrying out the proposed work. <br />Costs can vary widely depending upon many factors such as the actual final design, weather, <br />economic conditions, soil and ground water conditions, size of project, and the workload of <br />�-' available contractors. <br />q <br />Actual costs can only be determined by bidding the project. <br />Pequot Lakes — North Sluetter Road Improvements Study <br />WSN No. 0130130045,000 Page 8 <br />