The cost of I-35 Construction -- Salado Segment

Friends,

These are actual figures of what I-35 construction is costing:

As of July 8, 2016:
Days allowed (per contract)- 920
Contract Amount = $73,778,323.41
Days charged – 1,213
Time used – 131.8%

Liquidated Damages-  293 days
- Cost per day - $2,800
- Total cost to date - $820,400

Road User Costs – 293 days
- Cost per day - $6,000
- Total cost to date - $1,758,000

Per the June estimate (6/25/16):
June Estimate paid to contractor - $936,488.08 (minus Liquidated Damages and Road User Costs)
June Estimate total pay items - $1,181,688.08
Total Paid to Date - $60,351,062.90
Percent complete – 81.80%

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