2023 Parks and Recreation Aquatics Master Plan

City of Greensboro RECOMMENDATIONS

5

General Requirement, 5% 3

$ 750.00

Subtotal

$ 15,750.00 $ 420.00 $ 1,575.00 $ 315.00 $ 1,575.00 $ 19,635.00 $ 2,945.25 $ 22,580.25 $ 2,790.92 $ 25,371.17

Sales tax, 7% 1

Construction Contingency, 10% 3

Bonds, Insurance, 2% 3 Design Contingency, 10% 3

Subtotal

GC Overhead/profit, 15% 3

Subtotal

Escalation, 6% / yr x 8 yrs. = 1.48

Phase 4 Total

1. Sales tax on materials only, not labor. Assume labor equates to about 40% of total costs 2. Assumed structures without a conceptual design 3. Assumed percentages. 4. The category of other was lumped in the Phase 1 totals

Total Project Construction Cost over 4 Phases =

$ 8,412,564.08

94