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Project
Experience |
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| Project: |
LITTLE
RASCALS PRESCHOOL & DAYCARE FEASIBILITY STUDY |
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| Location: |
Baggs,
Wyoming |
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| Client Address: |
Little Rascals
Preschool and
Daycare Board of Directors
P.O. Box 366
Baggs, WY 82321
(307) 383-6861 |
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| Contact: |
Christy Stocks, Member
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| Year Completed: |
2012 |
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| Project Scope:
Little Rascals Preschool
and Daycare (LRPD) was an established facility in 2012
that had been operating since 2003. Its service area
encompassed a portion of the Little Snake River Basin in
southwest Carbon County, Wyoming. LRPD Board of
Directors recognized the need for an expansion of its
facilities given growing demands for its child care and
preschool services. LRPD retained Pedersen Planning
Consultants (PPC) to prepare a feasibility study for a
proposed facility expansion.
The feasibility analysis required PPC to complete
various tasks to determine the suitability of LRPD’s
existing site to accommodate a facility expansion on its
existing site, the potential cost of a new or expanded
facility, the potential market, and the adequacy of
potential revenues to support increased operation and
maintenance costs. These tasks included the examination
of the following:
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Demographic and economic
characteristics of the Little Snake River Area.
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Anticipated demands for child care
services in the coming decade.
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Capacity and condition of the
existing preschool and daycare facility.
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Site characteristics and potential
issues influencing future site and facility
development.
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Site and facility design criteria and
operational requirements needed to support an
expanded or new preschool and child care facility.
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Order-of-magnitude costs associated
with site and facility development, as well as
future operations and maintenance.
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Resources available in Little Snake
River Area to develop, manage and operate the
proposed facility.
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Potential sources of private
donations and/or public funds for site and facility
development.
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PPC supplemented its
experience with the civil engineering
capabilities of Vision Land Consultants (VLC)
of Granby, Colorado. VLC and PPC prepared
alternate site layouts and conceptual floor
plans to enable the preparation of
order-of-magnitude construction cost
estimates. These were coordinated and
refined through discussions with the LRPD
Board of Directors. |
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PPC
subsequently prepared a financial analyses of developing
and operating a new and expanded preschool and daycare
facility. This analysis considered anticipated capital
costs for site and facility development, furniture,
fixtures and equipment, as well as future operation and
maintenance. |
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Revenues
from enrollments, wage and milk reimbursements from
public agencies, public agency grants, and local
donations were also considered. A cash flow analysis
and projected income statement were prepared for the
first three years of operation.
The
LRPD Board successfully used the feasibility study to
support its application for WY Business Council funds
for the design and construction of the new facility. |
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