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<br /> <br />DEPARTMENT OF NATURAL RESOURCES III III III IIIIIII III <br />Davitl H. Gelches, Executive Director 999 <br />MINED LAND RECLAMATION DIVISION <br />DAVID C. SHELTON, Director <br />Richard D. Lamm <br />Governor <br />T0: Red Canyon Mine File (C-034-81) <br />FROM: Dan i4athews (~ ~~( / ~~ <br />~,-~~ i <br />RE: Bonding Calculations <br />DATE: January 18, 1984 <br />Bonding calculations submitted within the Red Canyon permit application were <br />compared with cat handbook production rates and Rental Rate Bluebook cost <br />figures. Material volumes were determined to be accurate and equipment <br />production rates used appear to be conservative. The one major discrepancy <br />identified was with respect to equipment rental and operating rates. The <br />applicant rates are compared with Rental Rate Bluebook rates, below. <br />Equipment Applicant Bluebook* <br />D-9 Dozer $115.00 $154.76 <br />D-6 Dozer $ 70.00 $ 80.35 <br />9886 Loader $ 80.00 $171.62 <br />62113 Scraper $100.00 $116.53 <br />Cat 225 Excavator $ 55.00 $123.70 <br />25 Ton Mack Truck $ 40.00 $ 58.95 <br />The total bond amount, based on Bluebook costs is determined to be $190.000.00 <br />(including a l0Y administrative cost). <br />* Bluebook figure includes prorated rental rate, operating cost & wage. <br />/th <br />Doc. No. 8681 <br />423 Centennial Building, 1313 Sherman Street Denver, Colorado 80203 Tel. (303) 866-3567 <br />