Miraleste Early Learning Academy

Estimate of Probable Costs

Summary of Estimate of Probable Costs

The following cost estimate is based on the plan for the Phase One Plan project scope. Click on “Phase One Plan” in the site menu for a plan view of where these items are located on this site.

Phase One Plan Probable Costs

Miraleste Early Learning Academy – Phase One Plan

PI# Scope Description Quantity × Unit Cost = Cost Total Cost
Hard Construction Costs
Site Work
Site Work Costs 0
New Construction
New Construction Costs 0
Reconfiguration
Reconfiguration Costs 0
Modernization
M1 Admin and classrooms, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows. 7100 SF × 235 per SF = 1668500 1,668,500
M2 Classrooms, Media Center and Offices, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows. 4277 SF × 235 per SF = 1005095 1,005,095
M3 Classroom building, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows. 2493 SF × 235 per SF = 585855 585,855
M4 MPR, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows. 2840 SF × 235 per SF = 667400 667,400
Modernization Costs 3,926,850
Demolition
Demolition Costs 0
Miscellaneous
Miscellaneous Costs 0
Hard Construction Cost Subtotal 3,926,850
Soft Project Costs 27.00 % of Hard Construction Costs 1,060,250
Hard Construction Cost + Soft Project Costs Subtotal 4,987,100
Escalation 4 years @ 4.00% per year = 16.99% 847,102
Overall Contingency   10.00% of total = 11.11% 648,245
Total Probable Phase One Plan Costs for
Miraleste Early Learning Academy
6,482,446