Laserfiche WebLink
Labor Inputs for Reclamation Cost Model <br />FICA, % of Base Rate = 7.65% Source: www.ssa.gov/OACT/ProgData/TasRates.htmI <br />SITS, % of Base Rate = 6.33% Source: [Avg of Colorado Contractor's Assn. 1999 & 2001 Surveys + Previous Climax Cost Model Updates) <br />Unemployment, % of Base Rate = 3.80% Source: www.coworkforce.com - Colorado Department of Labor and Employment <br />Workers Comp, % of Base Rate = 16.00% Source: [Avg of Colorado Contractor's Assn. 1999 & 2001 Surveys + Previous Climax Cost Model Updates] <br />CPI Inflation Factor 1.12627613 Inflation Factor based on Consumer Price Index, assuming straight line increase, from inputs below: <br />Annual CPI as of 12/31/2015 231.675 Source: Inflation Data.com website; historical Consumer Price Index values from the Bureau of Labor Statistics. <br />Annual CPI for 2006 = 205.7 Base CPI = 100 in 1982. Therefore, a CPI of 205.7 indicates a 105.7% increase since 1982. <br />FICA, % of Base Rate 7.65% <br />SIIS, % of Base Rate 6.33°% <br />Unemployment, % of Base Rate 3.80% <br />Workers Comp, % of Base Rate 16.00% <br />Worker Classification <br />CHOOSE OPERATOR <br />Dozer Operator <br />Loader Operator <br />Scraper Operator <br />Grader Operator <br />Backhoe Operator <br />Water Truck Driver <br />Truck Driver <br />Laborer <br />Mechanic/Welder <br />Foreman <br />Crane Operator <br />Job Superintendent (DRMS factor) <br />Worker Classification 3 <br />Worker Classification 4 <br />Worker Classification 5 <br />Worker Classification 6 <br />Base Hourly <br />Rate <br />22.73 <br />20.44 <br />22.84 <br />21.91 <br />20.44 <br />20.18 <br />20.18 <br />14.53 <br />22.87 <br />27.66 <br />25.90 <br />74.38 <br />Fringe % <br />220% <br />22% <br />19% <br />21% <br />21% <br />19% <br />22% <br />22% <br />22% <br />34% <br />34% <br />0°% <br />4.50 years to include Superintendent expense <br />