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HomeMy WebLinkAboutWPO201000023 Bond Estimates 2011-07-20AN 1 jIN11- COUNTY OF ALBEMARLE Department of Community Development 401 McIntire Road, North Wing Charlottesville, Virginia 22902 -4596 Phone (434) 296 -5832 Fax (434) 972 -4126 09 May 2011 Thomas R. Gallagher, VP - Development EDEN&.�,AVANT 7200 Wisconsin Avenue, Suite 400 Bethesda, MD 20814 Re: Albemarle Place (aka Stonefield) WP02010 -00023 Dear Tom, Per your request, I am supplying you a bond estimate for the referenced plan. This estimate has been calculated following a review of the previously approved bond for the Erosion and Sediment Control Permit and the estimated stormwater construction cost supplied by Faulconer Construction. In doing so, I have avoided double bonding of project elements. The bond estimate was obtained using the following methodology: Faulconer estimate: $6,467,124 Less WP02009 -0074 -$ 986,423 (estimated construction cost) Construction Subtotal: $5,480,701 + Proiect Admin & Mat (( -,10% $ 547,070 Subtotal w/ Project Mgt: $6,028,771 + Contingency (Q 10 %): $ 602,877 Total Bond Amount: $6,632,648 When you are ready to post this bond, please contact Ana Kilmer in my office. Her address is the same as the letterhead, her direct phone number is 434 - 296 -5832 ext. 3246, and her email address is akilmer@albemarle.or . If you have any questions or concerns with this, please let me know. Sincerely, Mark B. Graham, P.E. Director of Community Development Cc: Herb White, W. W. Associates Ana Kilmer, Albemarle County, Community Development