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HomeMy WebLinkAboutaea budget summary fy11 1 Alaska Energy Authority – Renewable Energy Fund BUDGET INFORMATION BUDGET SUMMARY: Local Local Milestone or Task Federal Funds State Funds Match (cash) Match (In-Kind) Other Funds Totals Labor and Fringe benefits for construction of Biomass Building.Labor @ prevailing Davis Bacon wages of $27/hr x 40 hrs x 20 weeks x seven workers. 151,200 151,200 Fringe @ 13.89% (SSI/Miedicare 7.65%, Workers comp @ 3.8%, UI @ 2.44 %) 21,002 21,002 Foundation, floor, window, door, sidewalls, Roof and sheetrock for Biomass Building 80,499 80,499 Engineering and design of Biomass Bldg. 7,200 7,200 Site preparation including gravel 19,033 19,033 Electrical wiring interior and exterior 18,388 18,388 Purchase of solar system panels 65,000 65,000 Installation and hook up 12,500 12,500 Shipping costs to Tanana 2,500 2,500 Purchase 3 GARN heating units 47,550 47,550 Replacement and maintenance parts 9,270 9,270 Construction services installing units 48,000 48,000 Shipping units to Tanana 10,500 10,500 Value of land to project 16,800 16,800 Upgrade of electrical of existing Assisted Living Facility and Tribal offices 46,000 46,000 Equipment use donated to project 15,000 15,000 Oversight of project 17,923 17,923 TOTALS: 492,642 95,723 588,365 2 RFA AEA10-004 Budget Form/ 2.76 Other Public Benefit The City of Tanana will pay wood cutters $12,650 a year for cutting wood to keep the GARN boilers fired and working. Using an economic multiplier of 1 to 3, meaning that this $12,650 will circulate in the community of Tanana a minimum of Three (3) times to other people and services, the additional monetary benefit will be $37,950.