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More from GDOT: No current cost estimate for Route D-VE

As promised, below is the latest round of information regarding GDOT’s proposed design, Route D-VE, and its cost.

Questions:

1. Can you explain in the attached STIP document (circled) how you got the $182,446,319 construction figure for the connector project? I am looking for a breakdown of this number – considering it’s more current.

2. Also, why does it differ from the information you sent [see link to documents they sent]?

GDOT answer:

The cost estimate documents [estimate – part 1 and estimate – part 2 = total cost of approximately $153 million] I provided to you are from 2008 estimates [for the U.S. 411 Connector].  The draft STIP document dated July 2010 does show different figures, but first, it is important to remember that those are in a draft form and not final figures.  Most importantly, is the fact that the draft STIP figures also include inflation costs at 4% per year compounded annually.  The draft STIP estimate of $182,446,319 is provided in the long range date of “after 2014”, so the figure includes year’s worth of inflation costs added to it.

We are in the process of updating all of the cost estimates for the project; however, I do not know when the updated figures will be completed.

I hope that this helps.

(MORE BELOW)

———————————

Follow-up question:

So, there’s no current estimate for the 411 Connector project – and specifically the D-VE interchange at I-75?

GDOT answer:

The estimates I forwarded to you with my original request are the most current with the breakdown of specific costs that you had requested. There are new estimates being worked on at this time, but I do not have an anticipated date of completion at this point.

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