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• r <br /> Candy Thompson - 4 - March 4, 1986 <br /> V. Total Reclamation Costs <br /> 1 ). Direct Costs <br /> Backfilling and Grading $2$ 15,199.00 <br /> Demolition $605,095.00 <br /> Revegetation $659$ 00.00 <br /> Loadout $342$ 18.00 <br /> Sutey Refuse Area $205,252.00 <br /> Tunnel to Wash Plant Conveyor $307,138.00 <br /> $4$63450FM <br /> 2) Indirect costs <br /> Public Liability Insurance @ 0.8 percent $37,076.00 <br /> Workman's Compensation @ .127 percent $5,886.00 <br /> Contractor's Performance Bond @ 0.7 percent $32,442.00 <br /> Job Superintendent 10,000 hrs @ 20.00/hr $200,000.00 <br /> MLRD Administration @ 5.0 percent $231 ,723.00 <br /> Contractors Profit @ 10 percent $463,450.00 <br /> $970$ 87.00 <br /> 3) Total Reclamation Costs $4,634$ 02.00 <br /> + $970,587.00 <br /> Total Bond $5,600,000.00 <br /> This total cost represents a substantial increase over the current bond, which <br /> I believe is approximately $2.5 million. Mid-Continent should examine these <br /> figures, provide evidence to lower costs where possible, and revise the bond <br /> as necessary. In addition to cost estimates, Mid-Continent should reappraise <br /> the property being used for bond in light of current economic conditions. <br /> srs <br /> 8129F <br />