C150349 Contract

• Contract/PO #: C150349
• Contractor Name: Ordway Feedyard LLC
• Contract Type: Loan
• Water District: 17
• County: Crowley
• Loan Projects - Doc Type: Contract Documents

more particularly described in the attached DEED OF TRUST ( "COLLATERAL "). Said COLLATERAL shall
be equal in value to 110% of the LOAN AMOUNT as verified by an appraisal.
SECTION 7 — ADDITIONAL CONDITIONS & CONTRACT REQUIREMENTS
No additional conditions or contract requirements
SECTION 8 — CONSTRUCTION FUND PROGRAM PROCEDURES
A. The BORROWER shall employ an engineer, registered in the state of Colorado to prepare plans
and specifications for the PROJECT.
B. Engineering Contracts and the plans and specifications must be submitted to the CWCB staff for
verification of compliance with the terms of this CONTRACT when available prior to bidding. Any
modifications to the plans and specifications must be approved in writing by the CWCB staff.
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. CWCB staff must be invited to bid opening and must approve the award of the construction
contract.
E. The BORROWER shall contract for the construction of the work with responsible and capable
Construction Firms, which said Construction Firms shall be selected by the BORROWER and.
found acceptable by the CWCB staff.
F. The BORROWER must provide 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. After the CWCB staff verifies that these
documents comply with the terms of this CONTRACT, the BORROWER may issue the notice to
proceed to the Construction Firms.
G. The BORROWER shall conduct a pre- construction conference at which time the CWCB staff shall
have the opportunity to review and approve the construction schedule.
H. If the CWCB staff determines that the PROJECT requires a resident inspector during construction,
the BORROWER shall employ an inspector who has been approved by the CWCB staff.
1. The BORROWER shall construct the PROJECT in accordance with the approved plans and
specifications.
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 § 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 when such bills are due.
Appendix 1 to Loan Contract C150349
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