PROJ01923 ‎(2)‎

• Contract/PO #: C150126
• Contractor Name: Kremmling, Town of
• Contract Type: Loan
• Water District: 50
• County: Grand
• Loan Projects - Doc Type: Contract Documents

J. Upon completion of the PROJECT construction, the BORROWER shall provide as-built
drawings of the PROJECT to the CWCB staff, or, if required by 9 37-87-105, C.R.S.,
the BORROWER shall provide the as-built drawings to the State Engineer's Office for
approval and filing.
K. Upon completion of the PROJECT construction, the BORROWER shall arrangE~ a final
inspection for the CWCB staff.
L. The BORROWER shall pay. all of the expenses related to the PROJECT whEm such
bills are due.
M. PROJECT-related expenses incurred prior to the Effective Date of this contract in
accordance with the legislative approval of this loan.,
SECTION 8 _ ELIGIBLE EXPENSES. The following items are eligible for loan
disbursements.
A. Preparing final designs and specifications for the PROJECT.
B. Preparing bid and construction contract documents.
C. Preparing environmental assessment or environmental impact statements, and
otherwise complying with the Federal National Environmental Policy Act.
D. Complying with all federal, state, and local regulatory requirements, including the
obtaining of all required permits.
E. Fish and wildlife mitigation measures required by federal, state, or local laws and
regulations.
F. Actual construction as called for in the design documents and in change orders
approved by the CWCB and the BORROWER.
G. Engineering services for construction management, including design and
construction management for CWCB-approved change orders.
H. Interest during completion of the PROJECT pursuant to Paragraph A.4 of the
Contract.
I. Legal services for reviewing engineering services contracts, reviewing this
Contract, reviewing construction contract documents, and for complying with all
federal, state, and local regulatory requirements.
SECTION 9 - DISBURSEMENT SCHEDULE
For Project costs: The BORROWER shall prepare a periodic progress report which
contains a statement of the PROJECT costs expended for that period and ShSl1l forward
said statement to the CWCB. . After receipt of the periodic progress report: from the
BORROWER, and review and acceptance of the items therein as eligible expenses as
described below, the CWCB will pay to the BORROWER the amount set forth in the
report or such portion that has been approved by the CWCB. Such payment shall be
made within thirty (30) days from the CWeB's approval of each progress report.
SECTION 10 - TIME FOR PERFORMANCE
PROJECT Beginning: Upon Effective Date of this Contract (the date this contract is
signed by the State Controller or his designee).
PROJECrFinish: Two (2) years from the Effective Date of this Contract

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