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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 />Contractors Performance Hond <br />The performance bond guarantees that the contract will be performed and that the <br />reclamation will be conducted to the satisfaction of the CDMG. This cost has been <br />estimated at 1.05 percent of the direct costs. <br />Engineerinq Redesign Fee <br />Some projects may need preplanning or re-engineering prior to reclama t.ion. To account for <br />these costs, Graph 1, OSMRE Reclamation Bond Handbook was used to estimate these fees. <br />This was estimated at 6.25 percent of the contract amount. <br />Reclamation Management Fee <br />This fee represents the cost for management of the entire project. Usually this is <br />performed by a firm specializing in reclamation oversight. This was estimated per Graph <br />3, OSMRE Reclamation Bond Handbook at 6.0 percent of the contract amount. <br /> <br />TR-06 6 Revised OS/OS <br />