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<br />inspection for the eWCB staff. <br /> <br />L. The BORROWER shall pay all of the expenses related to the PROJECT when such <br />bills are due. <br /> <br />M. PROJECT-related expenses incurred prior to the Effective Date of this contract in <br />accordance with the legislative approval of this loan. <br /> <br />SECTION 8 - ELIGIBLE EXPENSES. The following items are eligible for loan <br />disbursements. <br /> <br />A. Preparing final designs and specifications for the PROJECT. <br /> <br />S. Preparing bid and construction contract documents. <br />e. Preparing environmental assessment or environmental impact statements, and <br />otherwise complying with the Federal National Environmental Policy Act. <br />D. eomplying with all federal, state, and local regulatory requirements, including the <br />obtaining of all required permits. <br />E. Fish and wildlife mitigation measures required by federal, state, or local laws and <br />regulations. <br />F. Actual construction as called for in the design documents and in change orders <br />approved by the CWCB and the BORROWER. <br />G. Engineering services for construction management, including design and <br />construction management for CWCB-approved change orders. <br />H. Interest during completion of the PROJECT pursuant to Paragraph A.4 of the <br />eontract. <br />I. Legal services for reviewing engineering seNices contracts, reviewing this <br />eontract, reviewing construction contract documents, and for complying with all <br />federal, state, and local regulatory requirements. <br />SECTION 9 - DISBURSEMENT SCHEDULE <br />For Project costs: The BORROWER shall prepare a periodic progress report which <br />contains a statement of the PROJECT costs expended for that period and shall <br />forward said statement to the eWeB. After receipt of the periodic progress report <br />from the BORROWER, and review and acceptance of the items therein as eligible <br />expenses as described below, the eWeB will pay to the BORROWER the amount <br />set forth in the report or such portion that has been approved by the eWeB. Such <br />payment shall be made within thirty (30) days from the eWCB's approval of each <br />progress report. See also Section 6, above. <br />SECTION 10 - TIME FOR PERFORMANCE <br />PROJECT Beginning: Upon Effective Date of this eontract (the date this contract <br />is signed by the State eontroller or his designee). <br />PROJECT Finish: . 2 years from the Effective Date of this eontract. <br /> <br />Appendix 1 to Loan Contract C150241 <br />Page 3 of 3 <br />