Laserfiche WebLink
Mr. Timm Comer Page 2 November 20, 2013 <br />Access Road Reclamation (Grading and Growth Media Replacement) <br />The access road will be 1,200 feet long and 15 feet wide for a total disturbed area of 0.41 acres. <br />Conley's estimate for this portion of the reclamation work is 36 hours using an excavator. Applying the <br />unit costs for a Cat 385 or equivalent machine, the calculation is as follows: <br />Access Road Reclamation Cost = 36 hours x ($31.85 labor + $329.38 equipment) = $13,004 <br />Revegetation of Disturbed Areas <br />The total area of disturbance is given by (0.25 acres pad + 0.41 acres road) = 0.66 acres. Applying <br />Conley's estimate for hand - applications of fertilizer and seed to this acreage yields the following <br />calculation: <br />Seed Cost = (0.66 acres) x ($57.02 per acre) x (2 for hand - seeding) = $75.27 [use $75] <br />Fertilizer Cost2 = (0.66 acres) x ($281.75 per acre for 400 lbs / ac 18 -46 -0) = $185.95 [use $186] <br />Labor Cost2 = (8 hours) x ($23.21 per hour) = $185.68 [use $186] <br />Subtotal Reclamation Costs without Indirect DRMS Costs Applied <br />Demolition + Earthwork + Revegetation = $1,350 + $1,445 + $13,004 + $75 + $186 + $186 = $16,246 <br />Grand Total Financial Warranty Calculation after applying DRMS Indirect Costs (22.55 %) <br />Applying DRMS's indirect costs to the above subtotal = (0.2255) x $16,246 = $3,663 <br />Grand Total Financial Warranty Cost = $16,246 + $3,663 = $19,909 <br />Summary and Conclusion <br />This financial warranty calculation is based on current third party costs from reliable sources or actual <br />real -life costs, and applies DRMS's indirect cost factors. EEE has used professional engineering <br />judgment based on 35+ years of experience in reclamation work. It is our opinion that the cost estimate <br />is reasonable and justifiable. <br />Thank you for the opportunity to provide this warranty estimate. <br />Sincerely, <br />Michael D. Ellis, P.E. <br />'Labor cost based on information from "Colorado Labor Market Information for Occupational Wages for 2012" at <br />www.colmiaatewa.com). Seed and fertilizer costs are based on real -life costs for materials as supplied by Arkansas Valley <br />Seed Company, Denver, Colorado for 2011 inflated to 2013 dollars. <br />