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PROJECT IDENTIFICATION <br />Date : 22-Feb-08 Permit C-1996-083 Site: Bowie No. 2 Mine <br />User: IRS State : Colorado <br /> Filename: C083-270 County: Delta <br />Agency Name: Colorado Division of Reclamation, Mining and Safety <br />Permit Action: Technical Revision 52 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />271 Plug and Seal 13 Gob Vent Boreholes 156.00 $94,767 <br />272 Regrade Drill Pads 141.55 $29,377 <br />273 Regrade Light-Use Roads 171.92 $35,680 <br />274 Replace Topsoil from Stockpile to Drill Pads 64.21 $13,326 <br />275 Replace Topsoil from Stockpile to Light-Use Roads 74.45 $15,450 <br />276 Reseed Drill Pads 27.22 $18,627 <br />277 Reseed Light-Use Roads 27.16 $18,586 <br />278 Credit for GVB-6F (from MR-78) -20.57 -$12,411 <br /> <br /> <br /> <br /> <br /> Direct Cost Total 641.94 $213,402 <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (2.02% of Direct Costs) $4,311 <br /> Performance Bond (1.05% of Direct Costs) $2,241 <br /> Job Superintendent (at $41.25/hour) 320.97 $13,240 <br /> Profit (10.00% of Direct Costs) $21,340 <br /> <br /> Total Overhead and Profit $41,132 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $254,534 <br /> <br /> Legal - Engineering - Project Management <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $10,818 <br /> Reclamation Management and Administration (3.25% of Contract) $8,272 <br /> <br /> TOTAL BOND AMOUNT $273,624 <br />jrs Page 1 2/22/2008