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• This insurance protects the Contractor against his legal liability to third persons for bodily injury and property <br />damage arising out of his own operations. This cost has been estimated at 1.55 percent of the direct costs. <br />Contractor's Performance Bond <br />The performance bond guarantees the contrail will be performed and the reclamation will be conducted to <br />the saiisfailion of the Division. This cost has been estimated at 1.05 percent of the direct costs. <br />COST SUMMARY <br />The revised bond estimate demonstrates that the entire permit area can now be reclaimed for $9,707,373. <br />SCC has submitted a surety certificate raising the current reclamation bond to this amount. <br />• <br />• <br />PR04 7 Revised 09/04 <br />