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16)Please provide an estimate of the actual costs to reclaim the site based on what it would <br /> cost the State of Colorado using an independent contractor to complete reclamation. The <br /> Office adds up to an additional maximum eighteen and one half(18.5%) percent of that <br /> total,which includes a private contract, typical overhead costs and profit. <br /> Direct Cost: <br /> i. Backfilling: 0 (cubic yards) X $0 (cost per yard) = Total $ 0 . <br /> ii. Grading: 5000 (cubic yards)X $ .25 (cost per yard) = Total $ 1500 <br /> iii. Topsoil: 0 (cubic yards)X $0 (cost per yard) =Total $ 0 . <br /> iv. Seeding: 4 (acres)X $250 (cost per acre)= Total $ 1000 <br /> v. Mobilization: 2 (Pieces of equipment) X $ 2000 (cost per equipment) = <br /> Total $ 4000 <br /> Direct Cost Subtotal: $ 6500 <br /> Division's total overhead cost: X 18.5% <br /> Division's Total cost: $ 7702.5 <br /> Note: Based on the Division's experience the required financial warranty is normally set at <br /> approximately$2,500 per acre. Therefore, a typical 5 acre permit will have a total required financial <br /> warranty in the amount of$12,500. <br />