Fee Deposit Calculator
Fee Deposits for Improvement Plan Processing and Construction Inspection
Fee deposits are based on the value of the improvements. Deposits are paid in two stages as provided below. If charges exceed the deposits, the applicant will be invoiced for additional deposits to keep the account current. 10% of deposits will be deposited into the warranty account to cover various project expenses such as overall fund and system management, project closeout and warranty inspection work.
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Initial Plan Submittal: The amount of the plan check deposit is equal to 60% of the Plan Check & Construction Deposit defined by the equation below. The value of improvements is determined by the equation below. The value of improvements is determined by the engineer's estimate of the work that is reflected in the improvement plans at time of submittal.
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Issuance of Notice to Proceed with Construction: The construction deposit is equal to 40% of the Plan Check & Construction Deposit defined by the equation below. The value of improvements is determined by the contractor's bid of work reflected in the approved improvement plans.
Engineering Fee Schedule
x = value of improvement
| $0 - $50,000 |
[0.33 * x] |
| $50,001 - $300,000 |
[0.09 * (x - $50,001) + $16,500] |
| $300,001 - $750,000 |
[0.06 * (x - $300,001) + $39,000] |
| $750,001 and above |
[0.01 * (x - $750,001) + $66,000] |
To calculate the deposit, locate the improvement value range and use the corresponding formula, or enter the amount of the Engineer's Estimate or Construction Bid amount in the fields below:
At project closeout there will be a final fee invoiced if the account is negative, or a refund is issued if there are funds remaining in the account.