2009-03-05_PERMIT FILE - M2008080 (4)

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J&T Consulting, Inc. Journey Ventures, LL 1 Kersey Gravel Pit 3/42009 Bond Quantities and Costs tpyfjcy Conslidthm lee. 07113 Joumey Ventures Pit Ree Bond Calcs Phase 1 (3.61 acres) Reclamation Operation Quantity Unit Unit Cost Cost Scarifying Topsoil/OB Stockpile Areas in Phase 11 0.32 ac $ 200 $ 64 Topsoil Placement Topsoil/OB Stockpile Areas in Phase 11 0.32 ac $ 1,800 $ 576 Revegetate Topsoil/013 Stockpile Areas in Phase 11 0.32 ac $ 1,000 $ 320 Scarifying Disturbed Area Phase 1 3.61 ac $ 200 $ 722 Topsoil Placement Disturbed Area Phase 1 3.61 ac $ 1,800 $ 6,498 Revegetate Disturbed Area Phase 1 3.61 ac $ 1,000 $ 3,610 Mobilization 1.0 Is $ 2,500 $ 2,500 Total Direct Cost $ 14,290 Overhead and Profit Cost (12.60%) $ 1,801 Contract Cost $ 16,091 Project Management (9.25%) $ 1,488 Total Required Financial Warranty For Phase 1 $ 17,579 Phase 2 (7.38 acres) Reclamation Operation Quantity Unit Unit Cost Cost Scarifying Disturbed Area Phase 2 7.38 ac $ 200 $ 1,476 Topsoil Placement Disturbed Area Phase 2 5.20 ac $ 1,800 $ 9,360 Revegetate Disturbed Area Phase 2 5.20 ac $ 1,000 $ 5,200 Mobilization 1.0 Is $ 2,500 $ 2,500 Total Direct Cost $ 18,536 Overhead and Profit Cost (12.60%) $ 2,336 Contract Cost $ 20,872 Project Management (9.25%) $ 1,931 Additional Financial Warranty Required For Phase 2 $ 22,802 Cummulatfve Financial Warranty Required For Phase 1-2 $ 40,381 Phase ZA (1.27 acres) Reclamation Operation Quantity Unit Unit Cost Cost Scarifying Disturbed Area Phase 2 1.27 ac $ 200 $ 254 Topsoil Placement Disturbed Area Phase 2 0.90 ac $ 1,800 $ 1,620 Revegetate Disturbed Area Phase 2 0.90 ac $ 1,000 $ 900 Mobilization 1.0 Is $ 2,500 $ 2,500 Total Direct Cost $ 5,274 Overhead and Profit Cost (12.60%) $ 665 Contract Cost $ 5,939 Project Management (9.25%) $ 549 Additional Financial Warrant Required For Phase 2A $ 6,488 Cummu/ative Financial Warren Required For Phase 1-2A $ 46,869 2 of 5