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i ,t � � a. Because the BORROWER IS a"public entity" within the meaning of the Colorado Governmental Immunity Act, CRS 24-10-101, et seq., as amended ("Act"), the BoRROwER shall at all times maintain such liability insurance, by commercial policy or self-insurance as is necessary to meet its liabilities under the Act. b. Prior to the disbursement of any loan funds, the BoRROwER shall provide the CWCB with a form satisfactory to the CWCB evidencing said insurance and shall provide the CWCB with documentation of renewals of said insurance. 16. Additional analysis o1 debt. Contract Requirements. CWCB will allow inclusion of all tap fees in the Borrower's Utility Enterprise revenues regarding parity testing on future B. PROJECT PROVISIONS 1. Construction Fund Program Procedures. a. The BoRROwER shall at all times maintain on the project an engineer, registered in the state of Colorado, to prepare plans and specifications for the PRO�ECT. b. Copies of the BORROWER's and the Engineering Consultant's plans and specifications and any modifications thereto shall either be filed with the CWCB or shall be kept available for inspection by the CWCB at BORROWER's office for verification of compliance with the terms of this contract. c. For plans and specifications for all jurisdictional dams and reservoirs, as defined by § 37-87-105 C.R.S., the BoRROwER shall provide a letter of approval from the State Engineer's Office prior to construction. d. Borrower shall give notice to CWCB representative of all bid openings and the CWCB shall be allowed to attend such bid openings. e. The BoRROwER shall Contract for the construction of the Project with responsible and capable construction firms. f. The BoRROwER shall file with the CWCB or make available for the CWCB's inspection at BoRROwER's office a copy of the executed construction Contract documents consisting of the Contractor's proposal, construction contract, performance bond, payment bond, notice of award, notice to proceed, sample change order, and sample field order, as well as the advertisement for bid and bid bond at bidding. g. CWCB staff shall be apprised of all preconstruction conferences and weekly project meetings with reasonable notice and shall be permitted to attend any Project meeting or conference as requested (except BORROwER's City Council executive sessions, executive negotiations or meetings with legal counsel). h. The Borrower shall contract with qualified firms for all aspects of the project, including, but not limited to, design, construction and construction management. The Borrower shall contract with a qualified construction management firm, whose Loan Contract C150243 Page 7 of 15