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e�K 41t% � <br />swu�u� <br />February 10, 2015 <br />Mr. Peter Hays <br />Environmental Protection Specialist <br />State of Colorado <br /><D', Division of Reclamation, Mining, & Safety <br />1313 Sherman Street — Room 215 <br />Denver, CO 80203 <br />9075 WCR 10 * Fort Lupton, CO 80621 <br />PHONE: 303 - 857 -1754 <br />FAX: 303 - 857 -2933 <br />www.ncconstructors.com <br />RECD <br />,�jVLS" OF FEDLAMATION <br />VWCANDSWETYy <br />S�3 <br />RE: Northern Colorado Constructors, Inc. — Perry Pit — Bond Reduction Request <br />File No. M- 1990 -098 <br />Dear Mr. Hays, <br />Northern Colorado Constructors, Inc. (NCC) is requesting a reduction in the current bond for the <br />financial warranty that is in place for Perry Pit. We are requesting that the following items be <br />reduced to zero and removed from the current financial warranty that is posted because the <br />slurry wall has been constructed and accepted by the State Engineer's Office (SEO). J.C. York <br />with J &T Consulting, Inc. sent a copy of the acceptance letter from the SEO to you via e-mail on <br />January 26, 2015. <br />1. Slurry Wall Repair: The costs associated with repair of the slurry wall that was <br />completed in 2014 were $277,364.55 and 20% of the repair cost was bonded for at <br />$55,472.89. This amount should be reduced to zero now that the slurry wall repairs are <br />completed and the leak test passed and was accepted by the SEO. <br />The current bond amount in place for the financial warranty is $369,459.89. <br />Reducing the current bond amount by the $55,472.89 the revised bond amount should now be <br />$313,987.00. <br />NCC appreciates your consideration of this bond reduction request and looks forward to your <br />response. <br />Please feel free to contact me with any questions or comments. <br />Sincerely, <br />"- f�� <br />AF & Report <br />No Violations <br />