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Dredge Disposal Cost Estimate <br />Construction Year 2010 <br />Average of 3 Lowest Bids Average of 5 Bids <br />2004 Bid Totals Removal <br />of 90CY to Oyster Bay <br />Regional Shoreline <br />1,628,072 1,929,322 <br />Multiply - 310/90 5,607,804 6,645,442 <br />Escalation 6 yrs @ 5% 1,682,341 1,993,633 <br />Total $ 7,290,145 $ 8,639,075 <br />Proportionate hauling to <br />Altamont x 1.9 $ 13,851,275 $ 16,414,243 <br />Diesel Prices 2004 - $1.74 2006 - $2.90 2008 - $4.14 (2004 - 2008 238% increase) <br />