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<br />-2- <br />Hourly Equipment Costs: <br />• <br />The hourly equipment rates provided should be amended to follow standardized <br />equipment rental rate procedures, rental rate blue book method. The blue book <br />method considers the appropriate rental rate basis (monthly, weekly, daily, <br />hourly), regional adjustments, operating cost per hour and operator cost per <br />hour. The labor rate provided appears low and should be adjusted to reflect <br />current medium equipment operator costs. This information can be obtained <br />from the Means Building Construction Cost Date for 1985. <br />Miscellaneous Costs: <br />The exploration permit revision request should be amended to include all <br />appropriate mobilization/demobilization costs as well as estimated contractors <br />overhead and profit. Overhead and profit expenses include such items as <br />builders risk insurance, public liability insurance, workman's compensation, <br />contractor's performance bond, MLRD project oversite, contractor's <br />supervision, estimated profit, and preliminary architectural/engineering fees <br />(for preparation and processing of bid documents). <br />/fw <br />Doc. 6885 <br />