2017 Bond Rate Guidelines for the Calculation of Land Reclamation Bonds on Coal Mining Operations MRAB Meeting January 19, 2017.

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Presentation transcript:

2017 Bond Rate Guidelines for the Calculation of Land Reclamation Bonds on Coal Mining Operations MRAB Meeting January 19, 2017

2016 AML Reclamation Grading Costs 6 reclamation projects with 1,728,269 total cubic yards Cost per cubic yard ranged from $0.62 to $2.25 3 low bid averages at $0.91, $1.06, and $1.16 for a weighted average of $1.03 2014 – 2016 weighted average at $0.95 for 500 ft. or less

2014-2016 AML Reclamation Grading Costs

2016 AML Reclamation Revegetation Costs 9 reclamation projects with 284.8 acres revegetation Cost per acre of the 3 lowest bids ranged from $808.63 to $2,838.65 Weighted average of 3 lowest bids was $2,129.80

2016 AML Reclamation Mulch, Seed Bed Preparation and Seed Costs Mulch cost per acre of 3 lowest bids was $886.72 3 year weighted average of Mulch cost is $868.05 Seed Bed Prep cost per acre of 3 lowest bids at $329.10 3 year weighted average of Seed Bed Prep is $279.57 Seed cost per acre of 3 lowest bids at $250.95 3 year weighted average of Seed is $281.85

2014-2016 Bond Rate Data 2017 Bond Rates

2017 Bond Rates (continued) 2014-2016 Bond Rate Data 2017 Bond Rates (continued)

Bruce Carl Bureau of Mining Programs 717-783-3516 brcarl@pa.gov