SENECA II
<br />Phase II Bond Release Cost Sununaiy (based on bond recalculation 11/28/2007)
<br />
<br />Task No. Task Description 11/28/07 Bond Cost 2008 Phase II
<br />Requested
<br />Direct Costs
<br />OOa Pit area blasting and grading $0 $0
<br />OOb Roads/transportation route reclamation $11,175 $0
<br />OOc Reclaim surface water control structures, wells $213,963 $0
<br /> stock ponds and sediment ponds are permanent structures,
<br />reclaiming wells is the majority of the cost
<br />OOd Regrade pit remnants/fill areas $79,662 $0
<br />OOe Reestablish postmining drainage control $67,434 $0
<br />OOf Reclaim facilities area $322,601 $0
<br />OOg Site maintenance during liability period $215,902 $0
<br />OOh Topsoil disturbed areas $2,325,370 $1,432,805
<br />OOi Revegetate disturbed areas $1,548,484 $954,115
<br />OOj Mobilize and demobilize reclamation equipment $80,861 $0
<br /> Total Direct Cost $4,865,452 $2,386,920
<br />
<br />Indirect Costs
<br /> Liability Insurance - 2.02% of direct $98,282 $48,216
<br /> Performance Bond - 1.05% of direct $51,087 $25,063
<br /> Job Superintendent $104,550 $0
<br /> Profit - 10% of direct $486,545 $238,692
<br />
<br /> Total O&P $740,465 $311,970
<br /> Contract Amount (direct + O&P) $5,605,917 $2,698,890
<br />
<br /> Engineering/bid preparation - 4.25% of contract amt. $238,251 $114,703
<br /> Reclamation Management - 3.25% of contract amt. $182,192 $87,714
<br /> Total Indirect Cost $1,160,908 $514,387
<br />
<br />Total Amount (direct + indirect) $6,026,360 $2,901,307
<br />
<br />Pre-Law Liability $285,484
<br />Excess bond held by DRMS $871,645 $871,645
<br />Total Bond Held $7,183,489
<br />Total Bond Release Request $3,772,952
<br />Note:
<br />Tasks 00h and 001 are prorated based on 1,968.8 permanent program disturbed acres.
<br />00h: $2,325,370 (/) 1968.8 ac = $1,181.11/ac (x) 1213.1 ac = $1,432,805
<br />00i: $1,548,484 (/) 1968.8 ac = $ 786.51/ac (x) 1213.1 ac = $ 954,115
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