Evaluation Form Rev. 01-2022
FISCAL IMPACT STATEMENT
PROGRAM: Marks Avenue Overlay from Ashlan Avenue to Dakota Avenue PW00834 Bid No. 3746
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $577,252.50
Indirect Cost $210,947.50
TOTAL COST $788,200.00
Additional
Revenue or Savings
Generated
Net City Cost $788,200.00
Amount Budgeted
(If none budgeted,
identify source) $632,200.00
Indirect cost consists of the following:
Preliminary Engineering $ 93,100.00
Construction Engineering $ 60,100.00
Contingency $ 57,747.50
Total $210,947.50
The Marks Avenue Overlay from Ashlan to Dakota Avenues Project is in Council District 1.
The project is locally funded by
SB1 Road Maintenance and Rehabilitation Account (RMRA).