Appendix I: Cost Estimate
Estimated Cost (000's)
Program Budget costs for the project were developed through consultation with Streeter Associates and are represented in today’s costs. Estimated costs were developed based on conceptual plans and discussions with Don Rottmann of Streeter Associates. Due to the highly conceptual level of plans and the current stage of design development, a 20% contingency was applied for items that have not yet been detailed in the plans. The costs have been provided to provide an order of magnitude feeling for a project budget. Based on the cost study the project budget is suggested at $5.6 million.
Demolition and Clearing 475 General Site work (Landscaping, paths, etc) East of Clemens Center Parkway
600
West of Clemens Center Parkway Pavilion Construction from existing Building
700
Pavilion Patio and Observation Deck
445
New Amphitheater
1,200
Access to River at East end
290
Path at River bed and Kayak tie up
280
Contingency @ 20%
934
680
Suggested Project Budget: 5,604
Mark Twain Riverfront Park Revitalization
57