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PROJECT IDENTIFICATION <br />Date : 2-Mar-09 Permit No. C-1980-004 Site: McClane Canyon Mine <br />User: JRS State : Colorado <br /> Filename: 0004-050 County: Garfield <br />Agency Name: Colorado Division Of Minerals And Geology <br />Permit Action: Technical Revision 16 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />051 Spread and Compact Uncompacted Refuse at Coal Mine Waste Pile 5.22 $696 <br />052 Place Three Feet of Cover on Coal Mine Waste Pile 15.38 $6,945 <br />053 Replace Topsoil from Stockpile to Coal Mine Waste Pile 14.35 $6,482 <br />054 Reseed Coal Mine Waste Pile 9.50 $5,064 <br />055 Regrade Coal Mine Waste Pile Pond 12.03 $2,516 <br />056 Replace Topsoil from Stockpile to Coal Mine Waste Pile Pond 3.58 $750 <br />057 Reseed Coal Mine Waste Pile Pond 2.00 $1,066 <br /> <br /> <br /> Direct Cost Total 62.06 $23,519 <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (2.02% of Direct Costs) $475 <br /> Performance Bond (1.05% of Direct Costs) $247 <br /> Job Superintendent (at $42.25/hour) 31.03 $1,311 <br /> Profit (10.00% of Direct Costs) $2,352 <br /> <br /> Total Overhead and Profit $4,385 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $27,904 <br /> <br /> Legal - Engineering - Project Management <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $1,186 <br /> Reclamation Management and Administration (3.25% of Contract) $907 <br /> <br /> <br /> TOTAL BOND AMOUNT $29,997 <br />jrs Page 1 3/2/2009