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SECTION V <br />ta <br />www.FinanceDTA.com <br />P Lot Improvement Direct Contingency <br />LAND IMPROVEMENT DIRECT <br />COSTS <br />DTA also estimated the lot improvement direct cost contingency at 15% of the total direct <br />costs. We chose 15% since we lacked construction details when preparing the budget. This <br />estimate is similar to other projects that do not have a completed engineering design. <br />Table 43: Lot Improvement Direct Cost Contingency <br />.. <br />Apartment <br />$10,123,063 <br />$3,799,514 <br />$7,104,570 <br />$21,027,146 <br />Commercial <br />$125,322 <br />$0 <br />$0 <br />$125,322 <br />Hotel <br />$723,170 <br />$0 <br />$0 <br />$723,170 <br />Congregate <br />$95,055 <br />$0 <br />$0 <br />$95,055 <br />Amenity <br />$612,806 <br />$32,007 <br />$1,914,303 <br />$2,559,116 <br />Backbone <br />$1,006,868 <br />$0 <br />$0 <br />$1,006,868 <br />Lot Improvement Direct Contingency <br />$12,686,283 <br />1 $3,831,521 <br />1 $9,018,873 <br />$25,536,677 <br />Related Bristol at 3600 South Bristol Street <br />Land Residual Value Study Report <br />Exhibit 10 <br />September 27, 2023 <br />29 <br />