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IV. BONDING <br />The Division has reviewed the adequacy of the reclamation bonding instruments, and we have also <br />reviewed the adequacy of the worst case reclamation cost estimate <br />The Division currently holds a 51,803,487.00 corporate surety bond issued by Liberty Mutual <br />Insurance Company. The Liberty Mutual Insurance Company bond -fully complies with applicable <br />requirements pertinent to the bonding instrument. However, our midterm cost estimate review <br />indicates that a bond amount of at least 52,049,361.00 is necessary to cover the cost of reclaiming <br />the existing disturbance in accordance with the approved reclamation plan. This exceeds the current <br />bond amount held by 5245,874.00. A copy of the Division's 2005 Midterm Review Reclamation Cost <br />Estimate is enclosed. <br />Please provide additional bond to bring the total bond amount to at least 52,049,361.00, or provide <br />appropdate documentation to justify a lower amount, if you do not concur with the Division estimate. <br />