For the example shown below, please calculate the following:

$1.$ Amount of the Performance Bond

$2.$ Amount of the Maintenance Bond

$3.$ Amount of the Inspection Escrow

Facts:

You are reviewing an application for development that consists of the creation of $1000$ feet of new roadway with $20$ new houses to be constructed along the subdivision.

The basic cost of the property is $ $850,000\mathrm{.}00.$ and the cost of infrastructure is as follows:

Road: $ $125\mathrm{.}00$ per linear foot

Concrete Curbs: $ $15\mathrm{.}00$ per linear foot

Storm sewers: $ $20$ per linear foot of roadway

Sanitary Sewers: $ $25$ per linear foot of roadway

Gas and Electric Mains: $ $10$ per linear of roadway

$100$ Street trees at $ $300$ per tree

Other miscellaneous costs:

Attorneys$$ fees for purchasing the property, Planning Board approvals, etc. $ $35,000\mathrm{.}00$

Engineering Fees: $ $15,000\mathrm{.}00$

Architectural Fees: $ $3,000$ per lot

Attorneys$$ fees for closing each property: $ $1,000$ per lot

Money can be borrowed at $4\%$ APR. $($You can assume that the project will take $18$ months to complete construction$)$

Cost of framing each house: $ $3,500$

Roofing for each house: $ $2,500$

Interior and exterior finish for each house: $ $40,000$

Plumbing, per house: $ $10,000$

Electrical, per house: $ $15,000$

Part $2$

Based on the above information, if you were the developer, what would price would you put on each home. You can assume a reasonable profit on each house of $15\%.$ You may make any assumptions you wish to solve the problem.