HomeMy WebLinkAboutTOP Revised Budget - Front St
• P. O. Box 7021 • Bozeman, MT 59771 • • 406-587-8404 • Fax 406-582-1136 • www.gvlt.org • info@gvlt.org •
TOP Board
c/o Carolyn Poissant
PO Box 1230
Bozeman, MT 59771
May 7, 2015
Dear Chairman Hawks and TOP Board members:
As requested by Ms. Poissant at the April TOP meeting, the City of Bozeman’s Public Works
Department reviewed our proposed budget for the Front Street connector pathway. Their estimator
added additional costs to the proposed project due to the increasing costs of construction, the
standard City design/build costs, and issues that GVLT did not anticipate.
However, GVLT has also secured a commitment of funding from the Northeast Urban Renewal
Board (NURB) to support this project, which will help reduce the additional amount needed from
TOP. This brings GVLT’s total contribution to $33,600 - an increase from 12% of the total project
cost to 16%.
Thus, the total budget for the project and our request to TOP is modified as follows (see also
detailed budget, attached):
Total Project Cost TOP Request GVLT contribution
Original Budget $156,300 $137,700 (88%) $18,600 (12%)
Revised Budget $211,706 $178,106 (84%) $33,600 (16%)
Difference +$55,406 +$33,600 +$15,000
I will be in attendance at this week’s TOP meeting and look forward to discussing this project at that
time.
Yours sincerely,
Kelly A. Pohl
Associate Director
Front Street Pathway Proposed Budget
Revised with COB estimate 5/11/2015
Cells in blue show changes
Expenses Funding
Project Component Item Detail Estimate Source TOP Proposal GVLT**
Engineering and Design Engineering and design Design and construction specs*Sanderson Stewart $15,000 $15,000
Survey COB $3,000 $3,000 COB will require survey
Bicycle/Pedestrian Bridge Bridge structure 60' x 10' clear-span, prefab from
Contech
Contech $52,200 $52,200
Crane Service crane to set bridge COB $5,000 $5,000 COB crane estimate much higher than GVLT's
Bridge abutments poured concrete $7,500 $7,500
Stream improvements excavation pulling back banks,
removing debris
M. Johnson, RESPEC $3,000 $3,000
Building permit City of Bozeman Table D, Fee Schedule $600 $600
Stream permits including floodplain, 310, 318, 404 Kingfisher $10,000 $10,000
Paved path Path excavation and paving Asphalt and excavation for 1250 ft x
10 ft at $4/sq. ft for 4" thick;
adjusted down for 2.5" thick
COB $41,406 $16,406 $25,000 COB recommended increasing cost because
asphalt cost increases.
Site Finishes Fencing 6 ft. tall chain link, 780 ft. x 14 ft Bridger Fence $11,000 $11,000
Landscaping/ site reclamation planting, reseeding, site finishes M. Johnson, RESPEC $3,000 $3,000
Signage Kiosk Standard kiosk and maps GVLT $2,000 $2,000
Totem structure Standard totems and signage GVLT $600 $600
Management Project management 100 hrs @$60/hr GVLT $6,000 $6,000
taxes/bonds/insurance 2%COB $3,300 $3,300 Costs not expected by GVLT
Contingency at 30%COB $48,100 $48,100 COB requests a 30% contingency; GVLT
budgeted 15% originally.
Total $211,706 $178,106 $33,600
Project Proportion 84%16%
*Pre-design work may come from existing contract with Public Works, paid for with Impact Fees. Additional construction design will be necessary.
**GVLT sources include in-kind, Recreational Trails Program Grant, Collin's Coalition, NURD, and sponsorships.
Notes on Budget Adjustments requested
by City of Bozeman (COB)