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PROJECT IDENTIFICATION <br />Date : 18-Sep-08 _ Permit C-1981-022 Site: Elk Creek Mine <br />User: JRS State : Colorado <br /> Filename: C022-190 County: Delta _ <br />Agency Name: Colorado Division Of Reclamation, Mining and Safety - <br />Permit Action: Technical Revision 61 <br /> <br />Task Task Description - -- TASK HOURS DIRECT COST <br /> <br />191 <br />192 Plug and Seal One Mine Vent Borehole <br />Regrade Drill Pad 12.00 _ $2,4213 <br />$560 <br />193 Replace Topsoil from Stockpile to Drill Pad _ 1.42 $296 <br />194 Reseed Drill Pad 0.48 $200 <br /> <br /> Direct Cost Total 16.60 $3,484 <br /> <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br />Liability Insurance (2.02% of Direct Costs) <br />$70 <br /> Performance Bond (1.05% of Direct Costs) $37 <br /> Job Superintendent (at $39.38/hour) 8.30 $327 <br /> Profit (10.00% of Direct Costs) $348 <br /> Total Overhead and Profit $782 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $4,266 <br /> <br /> <br /> Legal - Engineering - Project Management <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $181 <br /> Reclamation Management and Administration (3.25% of Contract) $139 <br /> <br /> <br /> <br /> <br /> <br /> TOTAL BOND AMOUNT $4,586 <br />jrs Page 1 9/18/2008