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TO: %Ir. Peter MIN s <br /> Date: Febri miA ,l 20'1' <br /> Pa-e 10 <br /> ZI <br /> 6.4.12 Exhibit L - Reclamation Costs <br /> Comment 26 <br /> The Division calculated the cost for an independent contractor to reclaim the site based <br /> on the information submitted by the Applicant in the application and the Division's <br /> requirement to include the cost to backfill the exposed groundwater until the final <br /> augmentation plan is obtained from the DWR at $3,018,000,00. A copy of the Division's <br /> bond estimate is attached for review. <br /> Response 26 <br /> Our request, which we discussed, is the opportunity to put up a place holder bond between <br /> the time of DRMS/MLRB approval and actual mining. The largest component of the bond <br /> is for backfill of the first 5 acres of mining Cell 1 of$2,420,000. For a placeholder bond, <br /> LRM offers a placeholder value to replace the backfilling of$300,000. This is the amount <br /> estimated by LRM's legal counsel for the augmentation plan water court process. Thus, <br /> the requested placeholder bond would be approximately$394,000 as summarized in Table <br /> 1: <br /> Minor comments or questions on the bond include: <br /> • The job superintendent rate seems high. The RS Means (013113200260) <br /> average rate for a superintendent (with location adjustment to Greeley, <br /> Colorado) is $2,325 per week, before O&P. <br /> • Under Revegetation Work for C 1 Shoreline, C 1 Wetlands, and Access Road, <br /> weed control spraying application is double counted (under Tilling and under <br /> Mulching and Miscellaneous Application) <br /> • 3 trucks are listed under "roadable" equipment in Mob/Demob but only 2 are <br /> listed in the other sheets <br /> 6.4.13 Exhibit M - Other Permit and Licenses <br /> Comment 27 <br /> Please commit to providing copies of all required and approved permits and licenses to <br /> the Division, when available. <br /> Response 27 <br /> LRM commits to providing copies of all required and approved permits and licenses to the <br /> DRMS as they become available. <br /> 20220209_1045_DRMS Adequacy_Reviex Response_MASTE <br /> R.docx TELESTG <br />