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• <br />• <br />• <br />Indian River County 1 Impact Fee Update Study <br />Construction <br />County Roadways <br />A review of construction cost data for recent local county roadway capacity expansion <br />projects identified 12 improvements over the past five years. These 12 improvements <br />(detailed in Table C-13) had a weighted average construction cost of approximately $1.80 <br />million per lane mile. In addition to local data, a review of recently bid projects throughout <br />the state of Florida was conducted. As shown in Table C -14;--a total of 49 projects from 13 <br />different counties provided a weighted average cost per'larie'mile of $2.18 million per lane <br />mile. Based on this review, it was concluded that construction costs in Indian River County <br />are lower than the costs observed elsewhere in thestate. More'specifically, roadways costs <br />in Indian River County are approximately 83,percent of costs observed statewide. Due to <br />the large amount of local data, the county(roadway construction cost; used to calculate the <br />transportation impact fee was estimated at' $1.,80 million -Ter lane mile for urban -design <br />county roadways. <br />c, <br />Table._C-6 <br />Construction Cost:Adjustment — County_ Roads <br />Road Type <br />Construction <br />Section Design <br />Cost per. Lane r <br />(1) I Distribution(2) <br />Mile <br />Weighted <br />Constr. Cost per <br />(3) ` <br />Lane )Vlile <br />Urban Design <br />$1,800,000 <br />34% <br />$612,000 <br />Rural Design <br />$1,494,000 <br />_`_ 66% <br />$986,000 <br />Weighted Average Construction Cost per Lane Mile <br />$1,598,000 <br />Table C-1) <br />Z) Source: Appendix_C;;Table C-1-7.'(Items c and d) <br />3) ,,Construction cosi flier lane mile(Item 1) multiplied by the associated section <br />design weight (Itemi2)-for each design type and added together. <br />State Roadways <br />A review of construction cost data for recent local state roadway capacity expansion <br />projects identified three improvements with an average construction cost of approximately <br />$2.95 million per lane mile. <br />• SR 5 (US 1) from S. of Oslo Rd to S. of Indian River Bend <br />• SR 60 (Osceola Blvd) from W. of 82nd Ave to 66th Ave/CR 505 <br />• SR 60 (Osceola Blvd) from W. of 1-95 to W. of 82nd Ave/CR 609 <br />Tindale -Oliver & Associates, Inc. <br />January 2014 <br />Indian River County <br />C-5 Impact Fee Update Study <br />