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<br /> <br />In actuality, 300877.00/330,700.00 or 90.98% of the bond work has <br />been completed. However, due to the restrictions of Rule <br />3.03.1(1), it is realized that only 60.0% of the total bond can <br />be released at this time. <br />therefore, the bond release requested is 60% of E330,700 or <br />5198,420. <br />Please inform me of the Division's decision. <br />PANORAMA RESOURCE SER~V~IC~ES, INC. <br />GregorCy CVLewicki, P.E. <br />Director-Engineering Services <br />