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PROJECT IDENTIFICATION <br />Date : 12-May-09 Permit C-1981-022 Site: Elk Creek Mine <br />User: JRS State : Colorado <br /> Filename: C022-200 County: Delta <br />Agency Name: Colorado Division Of Reclamation, Mining and Safety <br />Permit Action: Minor Revision 88 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />201 Plug and Seal Three Utility Boreholes 24.00 $12,159 <br /> <br />142 Plug and Seal Three Utility Boreholes - Credit for TR-60 Work Changed in MR-88 -18.00 -$5,981 <br /> <br /> <br /> Direct Cost Total 6.00 $6,178 <br /> <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (2.02% of Direct Costs) $125 <br /> Performance Bond (1.05% of Direct Costs) $65 <br /> Job Superintendent (at $42.50/hour) 3.00 $128 <br /> Profit (10.00% of Direct Costs) $618 <br /> <br /> Total Overhead and Profit $935 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $7,113 <br /> <br /> <br /> Leizal - Engineering - Project Mana eg ment <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $302 <br /> Reclamation Management and Administration (3.25% of Contract) $231 <br /> <br /> <br /> <br /> <br /> TOTAL BOND AMOUNT $7,646 <br />jrs Page 1 12-05-09