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p <br /> Addendum <br /> Section 3.4, Page 9 <br /> Climax Mine Amendment AM-003, Permit No. 77-77-493 <br /> Proposed "cost per acre" Warrantee Calculation <br /> Acres <br /> 1989(Am-002) 3372 <br /> 1989 (remapped) 3471 <br /> 1997(Am-003) 4639 <br /> Change('89-'97) 1267 <br /> Financial Warranty Calculation <br /> • 1267 acres @$2426/acre: $ 3,073,742 <br /> • Engineering/Contract Preparation @ 2.5%: $ 76,844 <br /> Overhead/Profit(Incl. Insurance) @ 15%: $ 461,061 <br /> • Contingency @ 10%: $ 307,374 <br /> • Colorado DMG Administration @ 5%: $ 195,951 <br /> Total $ 4,114,972 <br />