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RULE 3: PERFORMANCE BOND REQUIREMENTS <br />-~~ :;~.. ~ x:: n ..~_ ~ ~.::~____°:. ~ ,;,_..w ~- ~ ~ - ~_ ~_s-. x Win,. <br />3.01 INTRODUCTION <br />A performance bond has been calculated by LCC in accordance with Rule 3.02 below. The bond <br />is based on anticipated worst-case disturbance projected for the first operating yeaz of the five- <br />year permit term. <br />3.02 PERFORMANCE BOND REQUIREMENTS FOR SURFACE COAL <br />MINING AND RECLAMATION OPERATIONS <br />3.02.1 General Requirements <br />Following review and approval of the bond calculation, LCC will post the required surety on the <br />necessary form. The sections below provide the detailed assumptions and calculations. <br />The entire amount of worst case will be bonded before operations commence. The planned <br />operations and reclamation plans are detailed in Section 2.05.4 (Reclamation Plan) of this Permit <br />Application. Should conditions change requiring modifications to the plan the Division will be <br />notified and bond amounts will be adjusted accordingly. <br />3.02.2 Determination of Bond Amount <br />• The cost estimate for the mine reclamation is based on the commitments for reclamation <br />treatments specified in Section 2.05.4 (Reclamation PIan) of this Permit Application. All labor <br />and equipment costs were calculated using the Caterpillar Performance Handbook (Edition 30) <br />and the RS Means Heavy Construction Cost Data (15 Annual Edition, 2001). <br />Earthwork production rates were calculated using the Caterpillar Performance Handbook. We <br />have assumed that LCC equipment and personnel required for the mine reclamation would not be <br />available for site specific reclamation. <br />Table 3.02.2-11 reflects aworst-case reclamation scenario during the first permit term. The total <br />bond amount is estimated at approximately $2.85 million for the first permit term. As detailed in <br />the table, this estimate is summarized below: <br />u <br />3-1 (revised 7-2-02) <br />