FISCAL IMPACT STATEMENT
PROGRAM: Ashlan and Shields Pedestrian Countdown Heads 209900403 PW01066 Bid No. 12501082
TOTAL OR ANNUALIZED
RECOMMENDATION CURRENT COST
Direct Cost $ 151,655
Indirect Cost $ 70,935
TOTAL COST $ 222,590
Additional
Revenue or Savings
Generated
Net City Cost $ 222,590
Amount Budgeted
(If none budgeted,
identify source) $ 183,400
SUMMARY OF INDIRECT COSTS:
Preliminary Engineering $ 23,500
Construction Engineering $ 32,200
Contingency $ 15,235
Total $ 70,935
The Ashlan and Shields Ped Countdown Heads project is grant funded by Local Highway Safety Improvement Program (HSIP) grant. The local match required is funded by SB1 Road Maintenance and Rehabilitation Account (RMRA) funds.