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Bowie No. 1 Mine C-1981-038 <br />Technical Revision 50 <br />PROJECT IDENTIFICATION <br />Date : 6-Oct-08 Permit C-1981-038 Site: Bowie No. 1 Mine <br />User: JRS State : Colorado <br /> Filename: C038-240 County: Delta <br />Agency Name: Colorado Division of Reclamation, Mining and Safety <br />Permit Action: Technical Revision 50 <br /> <br />Task Task Description TASK HOURS DIRECT COST <br /> <br />241 Plug and Seal Exploration Holes BV-1 and BV-2 8.00 $3,218 <br />242 Regrade Drill Pads 4.06 $842 <br />243 Regrade Light-Use Road 6.58 $1,365 <br />244 Replace Topsoil from Stockpile to Drill Pads 1.83 $381 <br />245 Replace Topsoil from Stockpile Light-Use Road 3.47 $720 <br />246 Reseed Drill Pads 0.92 $630 <br />247 Reseed Light-Use Road 1.74 $1,191 <br /> <br /> <br /> Direct Cost Total 26.60 $8,347 <br /> <br /> INDIRECT COSTS <br /> <br /> Overhead and Profit <br /> Liability Insurance (1.55% of Direct Costs) $129 <br /> Performance Bond (1.05% of Direct Costs) $88 <br /> Job Superintendent (at $41.25/hour) 13.30 $549 <br /> Profit (10.00% of Direct Costs) $835 <br /> <br /> <br /> Total Overhead and Profit $1,600 <br /> <br /> Contract Amount (Direct Costs + Overhead and Profit) $9,947 <br /> <br /> <br /> Legal - Engineering - Project Mana eg ment <br /> Engineering Work and Contract/Bid Preparation (4.25% of Contract) $423 <br /> Reclamation Management and Administration (3.25% of Contract) $323 <br /> <br /> <br /> TOTAL BOND AMOUNT $10,693 <br />jrs Page 1 10/6/2008