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• Reclamation Handbook place a value of mobilization and demobilization at 1 percent to 5 <br />percent of the direct costs. Seneca used the 5 percent. <br />Engineering Redesign Fee <br />The reclamation plan as submitted is based on a planned life-of-mine operation. IE mining <br />should cease before the planned date, some projects may need [o be re-engineered or field <br />engineered. To account for these costs, Craph 1, OSMRE Handbook was used to estimate <br />these fees. This was estimated at 9.5 percent of the direct costs. <br />Contractor's Profit and Overhead <br />Profit and overhead for [he contractor was estimated using Graph 2, OSMR6 Handbook. This <br />was estimated at 6.7 percent of the direct costs. <br />Reclamation Management Fee <br />• This fee represents the cost for management of the entire project. Usually a firm <br />specializing in reclamation oversight performs this. This was estimated per Graph 3, <br />OSMRE Handbook at 3.5 percent of the direct costs. <br />Public Liability Insurance <br />This insurance protects the Contractor against his legal liability to third persons for <br />bodily injury and property damage arising out of his own operations. This cost has been <br />estimated at 1.55 percent of the direct costs. <br />Contractor's Performance Bond <br />The performance bond guarantees [he contract will be performed and the reclamation will be <br />conducted to the satisfaction of the Division. This cost has been estimated at 1.05 <br />percent of the direct costs. <br />• <br />8 Revised 03/01 <br />