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modified the estimate based on job supervision hours, hourly rate, and <br />percentage for profit, etc. Job superintendent hourly costs increased for 2011. <br />$22,251.00 <br />Direct costs, as estimated by applicant <br />2,342.00 <br />Job Superintendent 40 hours X 58.56/hr <br />$2,908.00 <br />13.07% of direct costs includes profit, insurance, bond <br />$27,501.00 <br />Subtotal contract amount <br />$1,169.00 <br />Engineering 4.25% of contract <br />$1,375.00 <br />Reclamation management 5% of contract <br />30,045.00 <br />Total Bond Required <br />Prior to initiating activities under the proposed NOI, the Division must receive and <br />accept a performance bond in the amount of $30,045.00. Please also be <br />advised that coal exploration activities must comply with the performance <br />standards and design requirements of Rule 4.21. Please review this Rule prior to <br />conducting any activities under the NOI. <br />Please submit the required bond as soon as possible. If you have questions or <br />need additional information, please contact me. <br />Sincerely, <br />Kent A. Gorham <br />Environmental Protection Specialist 11 <br />