Palos Verdes Intermediate School

Summary of Estimate of Probable Costs

The following cost estimate is based on the plan for the Phase One Plan project scope (updated in 2024). 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

Palos Verdes Intermediate School – Phase One Plan

PI#	Scope Description	Quantity		×	Unit Cost		=	Cost	Total Cost
Hard Construction Costs
Site Work
	Replace Site Utilities	27	AC	×	84942	per AC	=	2293434	2,293,434
Site Work Costs									2,293,434
New Construction
New Construction Costs									0
Reconfiguration
Reconfiguration Costs									0
Modernization
	Classroom building, new finishes, lighting, HVAC, electrical and structural upgrades	12420	SF	×	395	per SF	=	4905900	4,905,900
	Classroom building, new finishes, lighting, HVAC, electrical and structural upgrades	11805	SF	×	395	per SF	=	4662975	4,662,975
	Lockers, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows.	4966	SF	×	395	per SF	=	1961570	1,961,570
	Science and Media Center Building, new finishes, lighting, HVAC, electrical, low voltage, insulation and energy efficient windows.	8972	SF	×	395	per SF	=	3543940	3,543,940
	Classroom building, new finishes, lighting, HVAC, electrical and structural upgrades	11176	SF	×	395	per SF	=	4414520	4,414,520
Modernization Costs									19,488,905
Demolition
Demolition Costs									0
Miscellaneous
Miscellaneous Costs									0
Hard Construction Cost Subtotal									21,782,339
Soft Project Costs		27.00	%	of Hard Construction Costs					5,881,232
Hard Construction Cost + Soft Project Costs Subtotal									27,663,571
Escalation		5	years	@	4.50%	per year	=	24.62%	6,810,271
Overall Contingency					10.00%	of total	=	11.11%	3,830,427
Total Probable Phase One Plan Costs for Palos Verdes Intermediate School									38,304,269