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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 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 Targe 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 />Road Type <br />Urban Design <br />Rural Design <br />Construction <br />Cost per Lane <br />Mileil� <br />$1,800,000 <br />$1,494,000 <br />Section Design <br />Distribution(2) <br />34% <br />66% <br />Weighted Average Construction Cost per Lane Mile <br />Weighted <br />Constr. Cost per <br />Lane Mi1e131 <br />$612,000 <br />$986,000 <br />$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 <br />C-5 Impact Fee Update Study <br />2Zl <br />