2020-10-26_APPLICATION CORRESPONDENCE - X202023202

• Permit No: X202023202
• IBM Index Class Name: Application Correspondence
• Doc Date: 10/26/2020
• Doc Name: Third Adequacy Letter & Cost Estimate
• From: DRMS
• To: New Elk Mining Company, LLC
• Email Name: JDM
• Email Name: JRS
• Email Name: TNL
• Media Type: D
• Archive: No

COST SUMMARY WORK
Task description: Exploration Drilling Reclaim
2020 New Elk Coal Permit Action:
Site: Exploration
PROJECT IDENTIFICATION
Task #: 000 State: Colorado
Date: 10/26/2020 County: Las Animas
User: TNL
Agency or organization name: DRMS
TASK LIST (DIRECT COSTS)
2020 Drilling Program Permit/Job#: X202023202
Abbreviation: None
Filename: X232-000
Task
Description
Form
Used
Fleet
Size
Task
Hours
Cost
001
002
003
004
005
006
Plug and Abandon 9
BOREHOLE
1
1
1
1
1
1
0.00
$32,899
$4,615
$1,209
$2,925
$941
$3,077
Backfill and Regrade Drill pads and Mud Pits
DOZER
18.66
Replace Topsoil on Drill Pads
DOZER
4.91
Backfill and Regrad Roads
DOZER
11.89
Road Topsoil
DOZER
3.83
Reveg
REVEGE
0.00
SUBTOTALS:
39.29
$45,666
INDIRECT COSTS
OVERHEAD AND PROFIT:
Liability insurance:
0.00
Performance bond:
0.00
Job superintendent:
19.65
Profit:
10.00
Total =
$0
Total =
$0
Total=
$1,366
Total =
$4,567
TOTAL O & P =
$5,933
CONTRACT AMOUNT (direct + O & P) =
$51,599
LEGAL - ENGINEERING - PROJECT MANAGEMENT:
Financial warranty processing (legal/related costs):
$500
Total = $500
Engineering work and/or contract/bid preparation:
8.59
Total = $4,432
Reclamation management and/or administration:
6.20
$3,199
CONTINGENCY:
0.00
Total = $0
TOTAL INDIRECT COST = $14,064
TOTAL BOND AMOUNT (direct + indirect) = $59,730