Bonding Workshop: Cost Estimation

Objective: This workshop provides participants with the information required to calculate reclamation bond amounts.  Details are presented on use of OSM's "Handbook for Calculation of Reclamation Bond Amounts." Durations: 3 days

 Agenda

 Introduction

Introduction

Regulatory Requirement

Assumptions and Methodology in Handbook

Major Steps for Estimating Bond Amount

Phase Incremental and Cumulative Bonding

Summary

Worst Case Reclamation Scenario

 Estimating Reclamation Costs

Estimate Demolition Costs

Determine Earthwork Materials Handling

Plan

Estimate Earthwork Quantities

Estimating Earthwork Costs ‑ Example Calculations

Dozer Hours

Truck and Loader Hours

Estimating Earthwork Costs ‑ Example Calculations

Scraper Hours

Total Earthwork Costs

Estimating Reclamation Costs

Revegetation Costs

Other Costs

Indirect Costs

Total Costs

Calculation of Bond Amount for Example Mine Site

 

WHO SHOULD ATTEND: Technical specialists calculating bonds or reclamation costs.  Federal and State personnel who are required to have a knowledge of the technical aspects of bond calculation.

National Technical Training Program:  (202) 208-2769

BACK TO COURSE LIST