Underground Solutions Inc. (fka UGSI)

[h2odan]

Although I am retired, I talked with an engineer friend yesterday about pipeline installation costs. An installation has a ton of variables that impact costs such as overall size of contract (bigger= cheaper per ft.), difficulty of installation (soil conditions, depth, utilities to avoid, rights of way, etc.). He showed me some bids for an 8-inch diameter water line installation in 2007 that ranged from $31 to $48 per ft. So basically, I think with inflation, the lowest cost per ft in decent installation conditions today probably exceeds $50 per ft. Difficult installations could easily double that. One of the main attractions to UGSI is their "trenchless" installation, basically installing under obstacles by boring. So, it is difficult to put a number on what UGSI got paid for the 5M feet of installation.