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Submitted by admin on Wed, 05/30/2018 - 19:35

<p><p><h2>Commentary</h2>Payment for Expanded PolyStyrene (EPS) geofoam typically consists of a pay item measured by the cubic yard (CY). Included in this bid item are associated incidental costs such as:<br><ul> <li>Material, equipment, and labor costs</li> <li>Instrumentation, monitoring, and quality control</li></ul>No specialized equipment is necessary for the construction of EPS geofoam fills, therefore additional mobilization costs are negligible.<br><h2>Cost Information Summary</h2>The following table lists items which are associated with the cost of EPS geofoam and approximate cost ranges. Cost ranges are based on data from 2008 through 2010. Readers should carefully examine the project characteristics and constraints and determine to what degree if any these factors may influence the actual cost associated with EPS geofoam fill.</p><p><table class='tablepress' id='tablepress-103'><thead><th>Pay Item Description</th><th>Quantity</th><th>Unit</th><th>Low Unit Price</th><th>High Unit Price</th><th>Factors Which May Potentially Impact Costs</th></thead><tbody><tr><td >EPS Geofoam</td><td >Greater than
500
</td><td >CY</td><td >$75.00</td><td >$125.00</td><td >Unit prices should decrease as the volume increases
Sites with limited/difficult access can cause costs to increase</td></tr></tbody></table><h2>Historical Cost Information</h2>A sample of actual project costs is shown in the table below.</p><p><table class='tablepress' id='tablepress-104'><thead><th>Pay Item Description</th><th>Quantity</th><th>Unit</th><th>Low Unit Price</th><th>High Unit Price</th><th>Average Unit Price</th><th>No. of Bids</th><th>Bid Date</th><th>Source/Agency</th></thead><tbody><tr><td >Geofoam</td><td >327</td><td >CY</td><td >$100.00</td><td >$148.00</td><td >$126.00</td><td >6</td><td >2/4/2010</td><td >Oregon DOT</td></tr><tr><td >Roadway, Misc.: Geofoam Fill (WT:06)</td><td >1,524</td><td >CY</td><td >$110.00</td><td >n/a</td><td >n/a</td><td >1</td><td >8/26/2009</td><td >Ohio DOT</td></tr><tr><td >Geofoam</td><td >1,529</td><td >CY</td><td >$86.05</td><td >$97.99</td><td >$92.02</td><td >2</td><td >6/6/2008</td><td >Michigan DOT</td></tr><tr><td >Geofoam Blocks</td><td >2,410</td><td >CY</td><td >$75.00</td><td >$123.00</td><td >$91.00</td><td >3</td><td >6/17/2008</td><td >Iowa DOT</td></tr></tbody></table><h2>Conceptual Cost Estimating</h2><ol> <li>Estimate the volume of fill utilizing EPS geofoam.</li> <li>Multiply the volume of EPS geofoam fill by an estimated unit price.</li></ol></p></p>

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