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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: 403 (cubic yards)X$ 1.50 (cost per yard)=Total$ 604.50 <br /> �",I V <br /> ii. Grading: 403 (cubic yards)X $ 'S0 Al)(cost per yard) =Total$ 201.50 <br /> iii. Topsoil: 403 (cubic yards)X$2.00 (cost per yard)=Total$ 806.00 <br /> iv. Seeding: 1/4 (acres)X $7.00 (cost per acre)=Total$ 175.00 <br /> v. Mobilization: 0 (Pieces of equipment) X$0.00 (cost per equipment)_ <br /> Total$ 0.00 <br /> Direct Cost Subtotal: $ 1787.00 <br /> Division's total overhead cost: X 18.5% <br /> Division's Total cost: $ 2117.60 <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 />