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SOMERSET MINING COMPANY <br />FACILITIES SALVAGE <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />t <br /> <br />1 <br />Introduction <br />Somerset Mining Company operates the Sanborn Creek Mine which is located <br />near Somerset, CO. Somerset's mining permit obligates it to reclaim the <br />mine property when mining is complete. Various buildings, conveyors and <br />associated equipment will need to be removed from the mine site. The <br />Contractor/Salvage Company, (Contractor), will supply all necessary <br />labor, equipment, materials and supplies to remove the facilities from <br />the mine site. The Contractor may elect to remove all or a portion of <br />the facilities. Concrete foundation removal is not included in this <br />work. <br />The facilities on the mine site have been segregated into twenty-one <br />salvageable items. The Contractor shall quote two values for each item. <br />One price will be the Contractor's estimated cost to remove the item from <br />the property. The second price will be the Contractor's estimated <br />liquidation value of the item. <br />The Contractor must indicate if the values quoted are for the entire item <br />or a portion thereof. The Contractor should only quote values for items <br />it is interested in. A no bid on any item is acceptable. <br />The following pages present picture(s) and a description of each <br />salvageable item. Please quote prices in the following format. <br />Item <br />Removal <br />Coat <br />Liquidation <br />Value <br />1. Upper Warehouse <br />S 2.~'Dcanp <br />S ~'Sa©on <br />Entir. it.m <br />Psrtiel It.v - Ple see 6epleln <br />Ito Bld <br />2. Lower Warehouse <br />$ !_ 0~0 ~) <br />$ ~ BOG "-~ <br />Entlre IGv <br />Pe rtiel Iun - Plow EEDlein <br />Ao Bld <br />3. Shop (Machine b Repair) <br />$ $ <br />Entlre Ibo <br />Part Ll IGn - Pl.eo ExpLio <br />b Bld <br /> <br />