CHAPTER VIII - CAPITAL COST ESTIMATE
The estimate of the capital cost of the project contained in this chapter covers Stage 1 and 1A, which builds an electric streetcar line from the present Trolley Terminal to Harmon Park. This system is estimated to cost approximately $7,500,000. To this project cost should be added the engineering, design and construction management costs, which are normally calculated as a percentage of the project cost. Further, at this early stage of the project, a contingency of 25% of the project is normally added to cover unforeseen items which may arise during the detailed engineering phase. The breakdown of the capital cost is shown on Table 8 - 1:
TABLE 8 - 1
EUREKA SPRINGS STREETCAR
CAPITAL COST ESTIMATE STAGES 1 AND 1A
|
COST ELEMENT | UNIT COST | EXTENDED COST |
| Track: Trolley Terminal to Hillside Avenue |
Single Track: 2750'
Double Track: 1150' |
$270/foot
$330/foot |
$ 742,500
379,500 |
| Track: Hillside Avenue to Harmon Park |
| Single Track: 3400' | $270/foot | $ 918,000 |
| Track: Carbarn at Harmon Park |
| Single Track: 200' | $200/foot | $ 40,000 |
| Switches and Special Work | 4 @ $40,000 | $160,000 |
| Earthwork, Street Repair, Misc. | $50/foot | $360,000 |
| Subtotal: Trackage | | $2,600,000 |
| Overhead Power Distribution System |
Contact System: 8650'
Line Poles: 90
Substations: Two |
$50/foot
$2600 each
$325,000 each |
$ 432,500
$ 234,000
$ 650,000 |
| Subtotal: Power System | | $1,316,500 |
Passenger Stops
Nine stops | $20,000 each | $ 180,000 |
| Subtotal: Passenger Stops | | $ 180,000 |
|
Storage and Maintenance Facility |
Demolition: Lump Sum
New Streetcar Facility
Building: 4000 sq. ft.
Tools and Equipment: Lump Sum
Rehabilitation of Log Building
Construction of Replacement Offices |
$30,000
$200/sq. ft.
$130,000
$50,000
$120,000 |
$ 30,000
$ 800,000
$ 130,000
$ 50,000
$ 120,000 |
| Subtotal: Maintenance Bldg | | $1,130,000 |
| Vehicles (Two Replica Streetcars) | $550,000 each |
$1,100,000 |
| Communication Equipment | $10,000 | $ 10,000 |
| Spare Parts | $30,000 | $ 30,000 |
| Subtotal: Vehicles | | $1,140,000 |
Traffic Mitigation
Construction of Spring Garden Street
1600' of 28' Wide Roadway |
$250/foot | $ 350,000 |
| Subtotal: Traffic Mitigation | | $ 350,000 |
Parking Mitigation
Construction of off-street parking |
$10,000/space | $ 600,000 |
| Subtotal: Parking Mitigation | | $ 600,000 |
| Utility Modifications and Relocations | Lump Sum | $ 200,000 |
| Subtotal: Utilities | | $ 200,000 |
| PROJECT COSTS | | $7,516,500 |
Add On Items
Contingencies (25%)
Engineering Design (6%)
Other Technical Services (3%)
Construction Management (8%)
Mobilization (3%) | |
$1,879,000
$ 451,000
$ 225,500
$ 601,500
$ 225,500 |
| Subtotal: Add On Items | | $3,382,500 |
| GRAND TOTAL | | $10,899,000
|
|