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Cost Estimate -Basis <br />CCI-CH2M HILL Constructors, Inc. <br />Bottom-up estimate in 2012 <br />Accounted for Post-Feasibility Changes <br />Independent estimate from the Corps <br />Used combination of proprietary tools and Timberline® <br />estimating software <br />Used some estimates from HMG and others <br />Estimated “soft costs” as percents of construction <br />Updated the estimate in late 2015/early 2016 <br />10