2009-09-18_REVISION - C1981018

• Permit No: C1981018
• IBM Index Class Name: REVISION
• Doc Date: 9/18/2009
• Doc Name: Decision Letter & Form & Cost Estimate
• From: DRMS
• To: Blue Mountain Energy, Inc
• Type & Sequence: MR142
• Email Name: JDM
• Media Type: D
• Archive: No

CIRCES Cost Estimating Software
COST SUMMARY FORM
PROJECT IDENTIFICATION
Date : 03-Sep-2009 Permit or job no. C-1981-018 Site :Deserado Mine
User : JDM Abbreviation : none State : Colorado
Filename : C018-000 County: Rio Blanco
Agency or organization name : CDRMS
Permit or job action :Minor Revison 142
TASK LIST (DIRECT COSTS) FORM FLEET TASK DIRECT
NO. TASK DESCRIPTION USED SIZE HOURS COST
001 -Plug and Seal Five Nitrogen Injection Holes borehole 1 10.0 $2,183
002 -Rip Five Nitrogen Injection Pads and Light Use Roads ripper 1 3.2 $753
003 -Regrade Five Nitrogen Hole Pads and Light Use roads dozer 1 9.61 $2,177
004 -Replace Topsoil on Five Nitrogen pads and Light Use Roads dozer 1 4.0 $909
005 -Reseed Nitrogen Hole Pads and Light use Roads revege 1 2.0 $3,247
006 -Remove and Demolish Buildings and Concrete Pad demolish 1 1.0 $4,366

SUBTOTALS: 29.9 $13,635
' includes inflation factor adjustment of : NA
INDIRECT COSTS
OVERHEAD AND PROFIT - Liability Insurance
Performance bond
Job superintendent :
Profit :
TOTAL DIRECT COST • _ $13,635
2.02 % of direct total = $275
1.05 % of direct total = $143
14.96 hrs*..$/hr: $52.10 total = $779
f0.00 % of direct total = $1,364
. assume net hours = 50% of task hours TOTAL O & P = $2, 562
LEGAL - ENGINEERING - PROJECT MANAGEMENT - CONTRACT AMOUNT (direct + O & P) = $16,197
Financial warranty processing (legal/related costs) : NA NA NA total = $0
Engineering work and/or contract/bid preparation : 4.25 % of cntr. NA total = $688
Reclamation management and/or administration : 5.00 % of cntr. NA total = $810
CONTINGENCY- NA" NA total = NA
contingencies accounted for at task level TOTAL INDIRECT COST = $4,060
TOTAL BOND AMOUNT (direct + indirect) _ $17,695