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r � <br />this contract and the laws and regulations under which this <br />contract is entered into.% <br />C. The State agrees that it shall: <br />1. Loan to the Contractor for the construction of the <br />project an amount not to exceed Fifty -Five Thousand Dollars <br />($55,000). Said Fifty -Five Thousand Dollars ($55,000) shall be <br />made available to the Contractor in accordance with the <br />following terms and conditions: <br />a. Commencing ten (10) days from the date of this <br />contract and for every month thereafter until said <br />project has been completed, the Contractor shall <br />prepare, with the assistance of the Consultant <br />referred to in paragraph A.1. above, an estimate of <br />the funds required for project construction during <br />that month and shall forward said estimate to the <br />State not less than fifteen (15) days prior to the <br />beginning of such month. <br />b. Upon receipt and approval by the State of such <br />monthly estimate, the State will, within forty (40) <br />days from the receipt of such estimate, pay over to <br />the Contractor the amount of the monthly estimate or <br />such portion thereof as has been approved by the State. <br />C. Project construction costs eligible for payment by <br />the State shall be limited to the cost of: <br />(1) Preparing final designs and specifications <br />for the project. <br />(2) Preparing bid and construction contract <br />documents. <br />(3) Preparing environmental assessment or <br />environmental impact statements, and otherwise <br />complying with the federal National Environmental <br />Policy Act. <br />(4) Complying with all federal, State, and local <br />regulatory requirements, including the obtaining <br />of all required permits. <br />(5) Land and water rights acquisitions needed for <br />the project, including the necessary appraisals <br />and evaluations. <br />(6) Fish and wildlife mitigation measures <br />required by federal, State, or local laws and <br />regulations. <br />(7) Actual construction as called for in the bid <br />documents and in Change Orders approved by the <br />Consultant, the Contractor, the Construction Firm, <br />and the Stare. <br />(8) Engineering services for construction <br />management, including design and construction <br />management for State- approved Change Orders. <br />(9) Legal services for: <br />(a) Reviewing engineering services contracts. <br />(b) Reviewing this contract. <br />(c) Reviewing construction co <br />documents. <br />Page 6 of 1_0 Pages <br />