C150399 Contract

• Contract/PO #: CT2015-092
• Contract/PO #: C150399
• Contractor Name: Fulton Irrigationg Ditch Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

I. 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.
J. The BORROWER shall construct the PROJECT in accordance with the approved plans and
specifications.
K. 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.
L. Upon completion of the PROJECT construction, the BORROWER shall arrange a final
inspection for the CWCB staff.
M. The BORROWER shall pay all of the expenses related to the PROJECT when such bills are
due.
SECTION 9—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.
J. PROJECT-related expenses incurred prior to the Effective Date of this CONTRACT in
accordance with the approval of this loan.
SECTION 10-DISBURSEMENT SCHEDULE
For project expenses: The BORROWER shall prepare a periodic progress report which
contains a statement of the PROJECT costs expended for that period 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 above,
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.
Appendix 1 to Loan Contract C150399
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