Laserfiche WebLink
Indian River County ) 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 lane 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 the state. 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 per lane mile for urban-design <br /> county roadways. <br /> Table C-6 <br /> Construction Cost Adjustment—County Roads <br /> Construction Section Design Weighted <br /> Road Type Cost per Lane . (2) Constr.Cost per <br /> Mile(l) Distribution Lane Mile(3) <br /> Urban Design $1,800,000 34% $612,000 <br /> Rural Design $1,494,000 66% $986,000 <br /> Weighted Average Construction Cost per Lane Mile $1,598,000 <br /> (1) Source: Table C-13. Rural design is estimated at 83% of urban design costs (see <br /> Table C-1) <br /> (2) Source:Appendix C,Table C-17(Items c and d) <br /> (3) Construction cost per lane mile (Item 1) multiplied by the associated section <br /> design weight(Item 2)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. Indian River County <br /> June 2014 C-5 Impact Fee Update Study <br /> 2-LI <br />