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HomeMy WebLinkAbout07-07-2015 B1 Mattinglyf- fi Council • 0 July 6. 2015 TO: City Council FROM: Carrie Mattingly, Utilities Direr or COUNCIL MEETING: ITEM VIA: Katie Lichtig, City Manage I k SUBJECT: Cost difference between the Financial Plan and the Facilities Plan Council date: July 7, 2015 - Item B 1 City Council recently adopted the Wastewater Division FY 2016 budget and 2015 -17 Financial Plan, in which the Water Resource Recovery Facility project cost estimate was detailed. There is a cost difference between the Financial Plan and the Facilities Plan. The Financial Plan estimates were based upon an interim cost estimate that was developed prior to the completion of the Facilities Plan. As the Facilities Plan was finalized, several of the scope elements were refined along with the corresponding cost estimates. The following table summarizes the budget from the Financial Plan, along with the current budget from the Final WRRF Facilities Plan. Current Budget from Budget from the Facilities Financial Plan Plan June Program Element May 2015 2015 Notes Program Management $5,650,000 $5,650,000 Unchanged Environmental / Permit $650,000 $_6.50,000 Unchanged Design and office Increased allowance for engineering during office engineering during construction $7,300,000 $8,557,000 construction Construction cost Scope refinements including (including contingency) $68,032,000 $69,524,000 addition of solar generation Construction Management $6,000,000 $6,000,000 Unchanged Total $87,632,000 $90,381,000