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APPCOR12436
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APPCOR12436
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Last modified
8/24/2016 6:32:52 PM
Creation date
11/19/2007 2:30:48 PM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1984065
IBM Index Class Name
Application Correspondence
Doc Name
LEGAL FINANCIAL COMPLIANCE INFORMATION RULE2 03
Media Type
D
Archive
No
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<br />26 <br />XX. Bonding - Rule 2.05.4(2)(b) and Rule 3 <br />The Division currently cannot make a finding concerning bonding. The <br />following information must be submitted before the Division can approve the <br />permit application: <br />Requirement No. 13 <br />THE APPLICANT MUST SUBMIT AN ESTIMATE OF THE COST OF REMOVING ALL <br />STRUCTURES IN THE PROPOSED PERMIT AREA, INCLUDING PIPELINES AND <br />TRANSMISSION LINES. SALVAGE VALUE CANNOT BE CONSIDERED WHEN COMPUTING <br />THE COSTS. THE ESTIMATED REMOVAL COSTS MUST INCLUDE SUFFICIENT DETAIL <br />FOR THE DIVISION TO VERIFY THE COSTS. UNIT COSTS MUST BE BASED ON A <br />STANDARD REFERENCE. <br />Furthermore, it appears that the applicant used the equipment and operator <br />costs in the example sent with the preliminary adequacy review. The equipment <br />costs in the example are based on 1981 rental rates and the Division currently <br />uses an hourly cost for operators of $18.00. The reclamation cost estimate <br />must be updated with current rates. <br />
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