BLD_20161599_KING COUNTY BOND QUANTITY WORKSHEET_Revision 03.xls
Web date: 04/03/2015
Site Improvement Bond Quantity Worksheet
Original bond computations prepared by:
5/15/2017
Name:Date:
PE Registration Number:Tel. #:
Firm Name:
9300 236TH Street SW, Edmonds WA 98020 BLD20161599
Address:Project No:
FINANCIAL GUARANTEE REQUIREMENTS
MINIMUM BOND* AMOUNT
PERFORMANCE BOND*PUBLIC ROAD & DRAINAGE
REQUIRED FOR RECORDING OR
AMOUNTMAINTENANCE/DEFECT BOND*
TEMPORARY OCCUPANCY AT
Stabilization/Erosion Sediment Control (ESC)(A)$ 217,389.8
SUBSTANTIAL COMPLETION ***
Existing Right-of-Way Improvements(B)$ 80,727.7
Future Public Right of Way & Drainage Facilities(C)$ -
Private Improvements(D)$ 4,681,775.7
Calculated Quantity Completed
Total Right-of Way and/or Site Restoration Bond*/**(A+B)$ 298,117.5
(First $7,500 of bond* shall be cash.)
Performance Bond* Amount (A+B+C+D)= TOTAL (T)$ 4,979,893.2T x 0.30$ 1,493,967.9
Minimum is $2000.Minimum is $2000.
(B+C) x
Maintenance/Defect Bond* Total0.25 =$ 20,181.9
Minimum is $2000.
NAME OF PERSON PREPARING BOND* REDUCTION:Date:
* NOTE:The word "bond" as used in this document means a financial guarantee acceptable to King County.
** NOTE:
KCC 27A authorizes right of way and site restoration bonds to be combined when both are required.
The restoration requirement shall include the total cost for all TESC as a minimum, not a maximum. In addition, corrective work, both on- and off-site needs to be included.
Quantities shall reflect worse case scenarios not just minimum requirements. For example, if a salmonid stream may be damaged, some estimated costs for restoration
needs to be reflected in this amount. The 30% contingency and mobilization costs are computed in this quantity.
*** NOTE:
Per KCC 27A, total bond amounts remaining after reduction shall not be less than 30% of the original amount (T) or as revised by major design changes.
REQUIRED BOND* AMOUNTS ARE SUBJECT TO REVIEW AND MODIFICATION BY KING COUNTY
Unit prices updated: 03/02/2015
Page 9 of 9
Check out the DDES Web site at www.kingcounty.gov/permits
Version: 03/02/2015
Report Date: 7/13/2017
BLD_20161599_KING COUNTY BOND QUANTITY WORKSHEET_Revision 03.xls