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PROJECT IDENTIFICATION <br />Date : 18-Nov-08 Permit C-1981-022 Site: Elk Creek Mine <br />User: JRS State : Colorado <br /> Filename: C022-150 County: Delta <br />Agency Name: Colorado Division Of Reclamation, Mining and Safety <br />Permit Action: Minor Revision 87 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />151 Plug and Seal One Utility Borehole 6.00 $1,912 <br /> <br /> Direct Cost Total 6.00 $1,912 <br /> <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (2.02% of Direct Costs) $39 <br /> Performance Bond (1.05% of Direct Costs) $20 <br /> Job Superintendent (at $39.38/hour) 3.00 $118 <br /> Profit (10.00% of Direct Costs) $191 <br /> <br /> Total Overhead and Profit $368 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $2,280 <br /> <br /> <br /> Legal Engineering - Project Management <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $97 <br /> Reclamation Management and Administration (3.25% of Contract) $74 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> TOTAL BOND AMOUNT $2,451 <br />jrs Page 1 11/18/2008