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<br />The following administration costs are added to the direct costs: <br />• <br />C~ <br /> <br />Public Liability Insurance: l .5% of direct costs: <br />Contractor Performance Bond: 1.0% of direct costs: <br />Contractor Profit: 10% of direct costs: <br />Job Superintendent: ? weeks x 51200/week <br />Contract Preparation fees & project expenses 4.5% of direct <br />Total administration costs = <br /> <br />$608 <br />$405 <br />$4053 <br />$2400 <br />1824 <br />$ 9,290 <br />Total Reclamation bond cost is therefore $40,532 + $ 9,290 = $49,821 <br />Carol Ann Pennt CDMG Application <br />64 <br />