Laserfiche WebLink
LORENCITO CANYON MINE <br />Calculation of Phase One Bond Release Amount <br />Current Full Phase I Minimum <br />100% 60% Post-Release <br />Reclamation Bond Required 2,387,682 1,432,609 955,073 <br />Current Bond Held 2,400,000 <br />Maximum Eligible for Release : ($2,400,000-955,073) = 1,444,927 <br />TASKS COMPLETED <br />(From Table 3.02.2-11) <br />Remove Topsoil from Knob Above Cut 7,217 <br />Push Spoil to Hollow Fills 299,022 <br />Load Truck to Haul 29,480 <br />Haul Fill to Backfll 583,704 <br />Spread Fill 359,656 <br />Rough Grade 30,976 <br />TOTAL DIRECT COSTS 1,310,055 <br />Contractor's Overhead <br />Liability Insurance @ 1.550% 20,305.85 <br />Performance Bond @ 0.975% 12,773.04 <br />CONTRACT TOTAL COST 1, 343,133.87 <br />CDMG Project Administration <br />Project Engineering Fee @ 4.000% 53,725.35 <br />Staff Administration @ 3,130% 42,040.09 <br />Job Superentendent (Assume 8 Wks) 16,840.00 <br />TOTAL COST (of completed tasks) 1,455,739.31 <br />