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Lorencito Canyon Mine C-1996-084 <br />Permit Ranawal 07 <br />PROJECT IDENTIFICATION <br />Date : 23-Apr-08 Permit C-96-084 Site: Lorencito Canyon Mine <br />User: JRS State : Colorado <br /> Filename: C084-000 County: Las Animas <br />Agency Name: Colorado Division of Reclamation, Mining and Safety <br />Permit Action: Permit Renewal 02 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />082 -Clean Loadout Sediment Pond Released - SL-02 $0 <br />083 -Clean Sediment Ponds at Mine Site 124.62 $72,830 <br />084 -Haul Truck Idle Time 0.10 $4,299 <br />085 -Site Maintenance 400.00 $87,511 <br /> <br />090 -Mobilize/Demobilize Equipment for Initial Reclamation 5.29 $18,079 <br />091 -Mobilize/Demobilize Equipment for Pond Cleaning 4.00 $2,564 <br />092 -Mobilize/Demobilize Equipment for Annual Site Maintenance 12.00 $43,157 <br /> <br />101 Regrade Loadout Area Released - SL-02 $0 <br />102 Replace Topsoil from Stockpile #1 to Loadout Berm Area Released - SL-02 $0 <br /> <br /> Direct Cost Total 1,293.68 $636,676 <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (1.55% of Direct Costs) $9,868 <br /> Performance Bond (1.05% of Direct Costs) $6,685 <br /> Job Superintendent (at $41.25/hour) 646.84 $26,682 <br /> Profit (10.00% of Direct Costs) $63,668 <br /> <br /> Total Overhead and Profit $106,903 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $743,579 <br /> <br /> Le ag 1=Engineering - Project Mana eg ment <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $31,602 <br /> Reclamation Management and Administration (6.00% of Contract) $44,615 <br /> <br /> TOTAL BOND AMOUNT $819,796 <br />jrs Page 3 4/28/2008