Laserfiche WebLink
4. Contractors Profit and Overhead (10.5% of Direct Cost)- <br />The Division uses the value of 10% of the direct reclamation cost <br />total to determine contractors profit and overhead. Peabody can <br />use 10% rather than 10.5% in the bond estimate. <br />5. Reclamation Management fee (5.2% of Direct Cost)- See Net <br />Project Hours. <br />6. Public Liability Insurance (1.550% of Direct Cost)- The <br />Division calculates the public liability insurance at a rate of <br />1.550% of the direct cost. Please include this liability insurance <br />in the bond estimate. <br />7. Contractor's Performance Bond (.975% of Direct Cost)- The <br />Division calculates the contractors performance bond in the <br />reclamation cost estimate. This percentage is .975% of the direct <br />cost of the bond estimate. Please include this cost in the bond <br />estimate. <br />This concludes the Division's review of Peabody's performance bond <br />estimate for the HG Loadout Facility Mine. <br />Section 2.05.4(2)(c) Backfillinq and Rough Grading <br />Section 2.05.4(2)(c) states that Peabody is required to produce a <br />plan for backfilling and grading the proposed permit area. The <br />Division needs appropriate cross sections that are typical and <br />represent the final surface of the proposed permit area. <br />Please submit to the Division an appropriate cross section of the <br />existing and final surface configuration of the proposed permit <br />area in accordance with Section 2.05.4(2)(c). <br />