HomeMy WebLinkAboutBond estimate1149 Executive Circle – Suite C-1Cary, NC 27511
919.576.9733 | NCBELS C-3847
Forward Thinking. Grounded Design.
www.underfootengineering.com
July 10, 2022
Via Email
Harnett County Development Services
Mr. Jay Sikes, CFM
Assistant Director/Manager of Planning Services
420 McKinney Parkway
Lillington, NC 27546
Re: Birchwood Grove Subdivision
Phase 3 Performance Bond
Mr. Sikes,
On behalf of KB Homes, we are providing the following estimated costs for items that require
bonding in order to move forward with the Phase 3 plat. The total lot count for Phase 3 is 48 lots.
Per your request, please find attached a cost estimate for the planned improvements. The total
cost of the estimated improvements:
Based upon and in reliance upon the above, and our review of similarly sized projects with similar
improvements, Underfoot Engineering can confirm the cost estimate to be in line with current
market pricing.
If you have any questions or require additional information, please feel free to contact us.
Respectfully:
Landon M. Lovelace, PE
Principal
Item Unit Cost Unit Quantity Cost
Seed & Straw after Install 5,000 Lump Sum 1 $5,000
Street Lighting $500 Pole 13 $6,500
Total $11,500
$14,375.00Bond Amount = Total x 1.25 %