2010-10-22_REVISION - C1981010

• Permit No: C1981010
• IBM Index Class Name: REVISION
• Doc Date: 10/22/2010
• Doc Name: Letter Enclosing Revised Cost Estimate
• From: DRMS
• To: Trapper Mining Inc.
• Type & Sequence: MT6
• Email Name: RDZ
• Media Type: D
• Archive: No

CIRCES Cost Estimating Software
COST SUMMARY FORM
PROJECT IDENTIFICATION
Date : 22-Oct-2010 Permit or job no. C-1981-010 Site :Trapper Mine
User : JDM Abbreviation : none State :Colorado
Filename:. C010-000 County :Moffat _
Agency or organization name : Colorado Division Of Reclamation Mining And Safety
Permit or job action :2010 Midterm Review
TASK LIST (DIRECT COSTS) FORM FLEET TASK DIRECT
NO. TASK DESCRIPTION USED SIZE HOURS COST
OOA -Summary of Regrade Tasks summary2 31 9,430.81 $13,139,391
008 -Summary of Road Regrade Tasks summary2 4 904.01 $927,896
OOC -Summary of Road Ripping and Impoundment Regrade Tasks summary2 4 721.2 $227,933
OOD -Summary of Topsoil Replacement, Revegetation, and Micellaneous Task summary2 10 4,196.8 $8,665,875

SUBTOTALS: 15,252,8 $22,961,095
includes inflation factor adjustment of : NA %
INDIRECT COSTS
OVERHEAD AND PROFIT- Liability insurance
Performance bond
Job superintendent
Profit
TOTAL DIRECT COST' _ $22,961,095
2.02
1.05
7626.44
10.00
% of direct
% of direct
hrs *... $/hr: $52.10
% of direct
total = $46_3,814
total = $241,091
total = $39_7,338
total = $2,296,110
` assume net hours = 50% of task hours TOTAL O & P = $3,398,353
LEGAL - ENGINEERING - PROJECT MANAGEMENT - CONTRACT AMOUNT (direct + O & P) = $26,359,448
Financial warranty processing (legal/related costs) : NA NA NA total = $0
Engineering work and/or contract/bid preparation : 4.25 % of cntr. NA total = $1,1
20,277

Reclamation management and/or administration :
5.00
% of cntr. NA total = -
--..
.
$1,317,972
CONTINGENCY - NA* NA total = NA
* contingencies accounted for at task level TOTAL INDIRECT COST = $5,836,602
TOTAL BOND AMOUNT (direct + indirect) = $28,797,697