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11/2/2016 State. .0 E ti Bran Mail- RE: SL9; Liabilit Redu ion Cal lation, Road de Mine, C-1981-041 <br />'ATE E Hernandez - DNR, Alysha <alysha.hernandez@state.co.us> <br />COLORADO, <br />RE: SL9; Liability Reduction Calculation, Roadside Mine, C-1981-041 <br />1 message <br />Tonya Hammond <tonya.snowcap@bresnan.net> Fri, Oct 28, 2016 at 12:36 PM <br />To: "Ebert - DNR, Jared" <jared.ebert@state.co.us> <br />Cc: Brock Bowles <brock.bowles@state.co.us>, Alysha Hernandez <alysha.hernandez@state.co.us> <br />Jared, <br />Based on the Division's decision to withhold Pond 11 from Phase III bond and my review of the attached DRMS <br />Liability Reduction Calculation, SCC and J.E. Stover and Associates, Inc. concur with the amount of $52,216.63 to be <br />released with the approval of Bond Release Application SL -9. Thank you. <br />Tonya Hammond <br />J.E. Stover & Associates, Inc. <br />Snowcap Coal Company, Inc. <br />P.O. Box 1430 <br />Palisade, CO 81526 <br />(970)241-8118 <br />From: Ebert - DNR, Jared[mailto:jared.ebert@state.co.us] <br />Sent: Thursday, October 27, 2016 1:58 PM <br />To: Tonya Hammond <br />Cc: Brock Bowles; Alysha Hernandez <br />Subject: Re: SI -9; Liability Reduction Calculation, Roadside Mine, C-1981-041 <br />Hello Tonya, <br />Based on our telephone conversation, I have updated the calculation so the releasable contingency cost is based on 3% <br />of the total direct cost and not based on the total direct cost plus overhead and profit. Attached is an updated document <br />depicting the calculation. Based on the updated calculation, the total releasable amount is $52,216.63. Please let me <br />know if you concur. <br />Thanks, <br />http Hrnail.google. m/mai1/u/0/?ui=2&i e29129fcb5& ew=pt& ar =inbo th=1580 58292 1 & m1=1580c958292 1 1/2 <br />