|First Costs||2020 Price Level|
|Widen/Breach I-95 Openings||$2,865,000|
|Tower & 107 Bridge||180,000|
|Walls, Berms, Drainage||2,719,000|
|Lands, Easements, Rights of Way||1,320,000|
|Planning, Engineering & Design||1,140,000|
|Savings w/Regional Project||-1,900,000|
|Federal Cost, if implemented (75%)||$5,000,000|
|Non-Federal Cost, if implemented (25%)||$1,690,000|
Total project investment* $2,760,000 (1991 Price Level)
Would restore/prevent the loss of about 100 acres --- or a cost of $27,600 per acre of wetlands.
This compares to the cost of 2 other Corps projects at $100,000 per acre in 1991 to replace wetlands.
The high ecological quality benefits, low comparable cost, public support & federal interest warrants further investigation.
*includes first cost, interest during construction & savings with regional floodgate project.