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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: 75 (cubic yards)X$5 (cost per yard)=Total$ 375 <br /> ii. Grading: 50 (cubic yards)X$7 (cost per yard)=Total$ 350 <br /> iii. Topsoil: 25 (cubic yards)X$10 (cost per yard)=Total$ 250 <br /> iv. Seeding: 1 (acres)X$500 (cost per acre)=Total$ 500 <br /> v. Mobilization: 1 (Pieces of equipment)X$ 1000 (cost per equipment)_ <br /> Total$ 1000 <br /> Direct Cost Subtotal: $ 2475 <br /> Division's total overhead cost: X 18.5% <br /> Division's Total cost: $ 2,940.00 <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 />