FISCAL IMPACT STATEMENT
PROGRAM: MLK Center Active Transportation Infrastructure Project 209900176 PW00842 Bid No. 12401530
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $ 6, 860,785.12
Indirect Cost $ 2,256,814.88
TOTAL COST $ 9,117,600.00
Additional
Revenue or Savings
Generated
Net City Cost $ 9,117,600.00
Amount Budgeted
(If none budgeted,
identify source) $ 5,109,700.00
SUMMARY OF INDIRECT COSTS:
Preliminary Engineering $ 907,600.00
Right-of-way Acquisition $ 93,500.00
Construction Engineering $ 454,400.00
Construction Materials $ 110,200.00
Construction Utilities $ 5,000.00
Contingency $ 686,114.88
Total Indirect Cost $ 2,256,814.88
The MLK Center Active Transportation Project is funded by a federal Congestion Mitigation Air Quality (CMAQ) grant, Measure C Bike and Trail, and local SB1 Road Maintenance and Rehabilitation Account (RMRA) funds.