Reinach 90,000-gallon cast-in-place concrete tank 12/20/18
Project Description and Cost Detail
Scope Described
Replace the two 30,000-gallon steel tanks which failed inspection during 2018 with one 90,000-gallon cast in place concrete tank. This project will comply with the NH DES water storage requirements as well as create the Reinach Pressure Zone which is needed to supply adequate pressure to the houses at the higher elevations near the Reinach tank.
Cost Detail
$653,400 as shown on Engineer’s Estimate spreadsheet
Funding to be raised from a 20-year bank loan at 4.50% interest with a first year’s payment of $50,300
Figures from Engineer’s Estimate of Probable Construction Costs revised Dec 2018