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REV97810
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REV97810
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Entry Properties
Last modified
8/25/2016 3:22:04 AM
Creation date
11/22/2007 12:12:55 AM
Metadata
Fields
Template:
DRMS Permit Index
Permit No
C1981019
IBM Index Class Name
Revision
Doc Date
3/21/1997
Doc Name
MEMO ON RESOURCES USED FOR ESTIMATING COSTS
From
DMG
To
BYRON WALKER
Type & Sequence
RN3
Media Type
D
Archive
No
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<br />:. <br />STATE iii iiiiiiiiiiiii iii <br />OF COLORADO <br />DIVISION OF MINERALS AND GEOLOGY <br />Depadmenl of Natural Resources <br />1713 Sherman St., Room 215 ` <br /> <br />Denver, Colorado 80203 ~ <br />~ <br /> <br />Phone: 130^^3 ~866-356 7 <br />' I <br />FAXP <br />I~F~C-8r~db, 1997 <br /> DEPARTMENT OF <br />To: Byron walker NATURAL <br /> RESOURCES <br />From: Janet Binns <br /> Ray Romer <br /> Governor <br /> tames 5. Lochhead <br />Re: Reclama ion Bo stimating costa Eaecunve Director <br /> Michael B. Lonp <br /> Division Director <br />The estimating costs we use for Profit, Contractor's Performance <br />Bond, Contractor liability insurance, and Engineering fees, for <br />reclamation Cost Estimates are based upon Means Site Work and <br />Landscape Cost Data. These rates are found in the 010 "Overhead" <br />section of Means. <br />Engineering Fees: See 010-028-0011 <br />The actual rate depends upon the size of the overall job. <br />I am including a semi-log graph that shows how we would <br />calculate the Engineering/Contract Prep. Fee. <br />Public Liability Insurance: See 010-040-0600 this is 1.550 <br />Performance Bonds: See 010-068-0011 and -0200 <br />We averaged these two to get 0.975% <br />Profit: We calculate on 10.00°s of direct costs <br />We also include a cost for DMG Administration Expenses. which <br />includes the extra costs involved with DMG inspections. This is <br />calculated on~an avg of $28.51/hr the hours calculated based upon <br />overall job hours. <br />We did allow for third shift work for Colowyo ONLY for backfilling <br />and Grading Large Earthmoving tasks. This would exclude any of the <br />more precise tasks• like Topsoil replacement, Pond and ditch <br />removal. etc. <br />If you or Jim Kiger have additional questions, let me know. <br />
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