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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: 584 (cubic yards) X$3 (cost per yard)=Total$ 1752 <br /> ii. Grading: (cubic yards)X $ (cost per yard) =Total $ <br /> iii. Topsoil: (cubic yards)X$ (cost per yard) =Total $ <br /> iv. Seeding: 1 (acres)X$223 (cost per acre)=Total $ 223 <br /> v. Mobilization: 1 (Pieces of equipment)X $ 125 (cost per equipment) _ <br /> Total $ 125 <br /> Direct Cost Subtotal: $ 2100 <br /> Division's total overhead cost: X 18.5% <br /> Division's Total cost: $ 2489 <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 />