C150350 Contract - Laserfiche WebLink

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I. 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. SECTION J — 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. M. PROJECT- related expenses incurred prior to the EFFECTIVE DATE of this CONTRACT in accordance with the approval of this loan. 10 — 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 which shall include tasks and subtasks funded with WSRA monies and shall 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 CWCB's approval of each progress report. CWCB will disburse funds at a rate of 75% loan to 25% grant of each invoice Appendix 1 to Loan Contract C150350 Page 3 of 4