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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: 36 (cubic yards)X $ (cost per yard)= Total $ 1944 <br /> ii. Grading: 270 (cubic yards)X $ 15 (cost per yard) =Total $ 2700 <br /> iii. Topsoil: 30 (cubic yards)X $20 (cost per yard) =Total $ 600 <br /> iv. Seeding: -5 (acres)X $500 (cost per acre) = Total $ 500 <br /> v. Mobilization: 1 (Pieces of equipment)X $ 1220 (cost per equipment) _ <br /> Total $ 1220 <br /> Direct Cost Subtotal: $ 6964.00 <br /> Division's total overhead cost: X 18.5% <br /> Division's Total cost: $ 8545.00 <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 />