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New Elk Mine C-1981-012 <br />Technical Revision 54 <br />PROJECT IDENTIFICATION <br />Date : 30-Nov-10 Permit C-1981-012 Site: New Elk Mine <br />User: JRS State : Colorado <br /> Filename: C012-120 County: Las Animas <br />Agency Name: Colorado Division of Reclamation, Mining and Safety <br />Permit Action: Technical Revision 54 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />121 Demolish and Remove All Structures - Bury Debris 400.00 $233,175 <br />123 Backfill and Regrade Transformer and Rock Dust Tank Cut Slope 62.76 $35,834 <br />124 Replace Topsoil from Stockpile to Transformer and Rock Dust Tank Cut Slope 3.29 $1,849 <br />125 Reseed Transformer and Rock Dust Tank Cut Slope 3.78 $2,130 <br /> <br /> <br /> <br /> <br /> <br /> Direct Cost Total 469.83 $272,988 <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (1.55% of Direct Costs) $4,231 <br /> Performance Bond (1.05% of Direct Costs) $2,866 <br /> Job Superintendent (at $52.10/hour) 234.92 $12,239 <br /> Profit (10.00% of Direct Costs) $27,299 <br /> <br /> Total Overhead and Profit $46,636 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $319,624 <br /> Legal - Engineering - Project Management <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $13,584 <br /> Reclamation Management and Administration (6.00% of Contract) $19,177 <br /> <br /> <br /> <br /> TOTAL BOND AMOUNT $352,385 <br />jrs Page 1 30-11-10