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Ellis Environmental Engineering, Inc. <br />4342 Ulysses Way <br />Golden, Colorado 80403 <br />March 18. 2013 <br />Mr. Timm Corner <br />Cripple Creek & Victor Gold Mining Company <br />P.O. I3ox 191 <br />100 North 3 Street <br />Victor. Colorado 80860 <br />Re: Warranty Calculations for Process Lube Storage and Parts Storage Buildings <br />Dear Timm, <br />1 have reviewed the proposed Process Lube Storage and Parts Storage Buildings Drawings and <br />Proposal from Industrial Constructors / Managers, Inc. dated February 20. 2013 for impacts to the <br />DRMS financial warranty calculations. Demolition costs liar the new structures are included in the <br />enclosed table. The financial warranty amount increases by $14,947 as a result. A breakdown of this <br />warranty calculation indicates $11197 in direct costs and $2,750 figured at 22.55% of total direct costs <br />for DRMS's administrative fees. <br />Structure Lenuth Width Height Volume Demo $ / cu ft Total Cost Source <br />Process Lube Bldg 40 ft 26 it 14 ft 14.560 cf $0.33 $4.805 1CM I.tr. to <br />(Pre -Fab Steel Structure) Z. Porter of <br />CC&V 2 -20 -13 <br />Process Parts Bldg. 40 ft 40 ft 14 ft 22.400 cf $0.33 $7.392 ICM Ltr. to <br />(Pre -Fab Steel Structure) 7.. Porter of <br />CC' &V 2 -20 -13 <br />Should you require any additional information please contact me at the letterhead address. "Thank you. <br />Sincereh, <br />fi4„, <br />Michael D. Ellis. P.E. <br />'Means heavy Construction Cost Data for 2012, page 37 <br />303- 279 -8532 <br />eeeoscar(a`att.net <br />"Total Direct Cost = $12,197 <br />DRMS Admin Tees (22.55 %) =5 2.750 <br />Grand Total Demolition Cost = $14,947 <br />