Laserfiche WebLink
1 <br />1 <br />Table 8-2 summarizes the construction cost estimation data. The estimated <br />' <br />total project cost includes a 25 percent allowance for contingencies and <br />related services. The construction cost of the project is 2,334,365. <br />' <br />8.4.2 ESTIMATED COST OF PROJECT TO HOMEOWNER <br />Table 8-3 demonstrates the positive impact of grant assistance on the cost <br />' <br />of the project to an individual homeowner. Major capital expenditures, <br />such as the grinder pumps and force mains, are eligible for 55 percent <br />grant funding. <br />Several assumptions were made in the development of Table 8-3, the <br />estimated cost of the project to the individual property owner: <br />' <br />1) An eligibility factor of 95 percent was assumed based on existing <br />need. <br />' <br />2) A grant equal to 55 percent funding. <br />IRC.VB4 <br />' <br />6/4/87 <br />8-8 <br />