Below are the first 10 and last 10 pages of uncorrected machine-read text (when available) of this chapter, followed by the top 30 algorithmically extracted key phrases from the chapter as a whole.
Intended to provide our own search engines and external engines with highly rich, chapter-representative searchable text on the opening pages of each chapter. Because it is UNCORRECTED material, please consider the following text as a useful but insufficient proxy for the authoritative book pages.
Do not use for reproduction, copying, pasting, or reading; exclusively for search engines.
OCR for page 7
What Are Soft Costs? 9 10 Guideway & Track Elements (route miles) 20 Stations, Stops, Terminals, Intermodal (number) 30 Support Facilities: Yards, Shops, Admin. Bldgs 40 Sitework & Special Conditions 50 Systems 60 ROW, Land, Existing Improvements 70 Vehicles (number) 80 Professional Services 80.01 Preliminary Engineering 90 Unallocated Contingency 100 Finance Charges 80.02 Final Design Total Project Cost (10100) 80.03 Project Management for Design and Construction 80.04 Construction Administration and Management 80.05 Professional Liability and Other Non-Construction Insurance 80.06 Legal; Permits; Review Fees by Other Agencies, Cities, etc. 80.07 Surveys, Testing, Investigation, Inspection 80.08 Start Up Exhibit 3. FTA Standard Cost Categories with Category 80 components. engineering, final design, and construction phases of the project. This includes environmental work, design, engineering and architectural services; specialty services such as safety or security analyses; and value engineering, risk assessment, cost estimating, scheduling, before and after studies, ridership modeling and analyses, auditing, legal services, administration and management, etc. by agency staff or outside consultants. The FTA directs applicants to classify any professional services directly related to right-of-way (ROW) acquisition (such as for appraisals and legal services) and vehicle procurement (such as engineering and design work) in their respective categories (SCC 60 and 70), not in SCC 80. What Are the Components of Soft Costs? Following the FTA's Standard Cost Category structure, most rail transit project soft costs are divided into the eight components of Category 80 shown in Exhibit 3. While all costs in SCC 80 are primarily for professional services, they may be incurred by agency staff or outside consultants, depending on the project. Soft costs are classified into components based on either the timing or purpose of the cost, as follows: · 80.01Preliminary Engineering--All costs are included in this stage of the project development process. This includes the costs of early design, negotiations for operations and/or maintenance, developing financial plans, and ridership studies. Under alternative project delivery arrangements, the contractor's soft costs for preliminary engineering should be captured here, and the project sponsor may request that the contractor invoice and report costs under the SCC structure. · 80.02Final Design--All costs associated with the final design (FD) stage. Costs for services similar to the above description are captured here. · 80.03Project Management for Design and Construction--Project management oversight costs. Costs to support design, management, and administrative efforts for legal, technical, and environmental consultants are reported here.