CT2016-2060 Contract

• Contract/PO #: CT2016-2060
• Contract/PO #: C150407C
• Contractor Name: Central Colorado Water Conservancy District
• Contract Type: Loan
• County: Weld
• Loan Projects - Doc Type: Contract Documents

SECTION 8—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 Chatfield Reservoir Mitigation Company, Inc.
("MITIGATION COMPANY")
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 9—DISBURSEMENT SCHEDULE
For PROJECT costs: The Chatfield Reservoir Mitigation Company, Inc. ("MITIGATION
COMPANY") shall prepare a written request for funds which shall include copies of
the MITIGATION COMPANY'S board approval and copies of the backup for the request
for funds including, but not limited to invoices. After receipt of the written request
from the MITIGATION COMPANY and review and acceptance of the items therein as
eligible expenses, as described above by the CWCB, the CWCB will pay to the
escrow agent designated by BORROWER on its behalf into its "Individual Escrow
Account" (as defined in the escrow agreement between the escrow agent,
BORROWER and MITIGATION COMPANY) the amount set forth in the request 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 request.
SECTION 10—TIME FOR PERFORMANCE
PROJECT BEGINS: Upon Effective Date of this CONTRACT (the date this
CONTRACT is signed by the State Controller or his designee).
PROJECT END DATE: Thirteen (13) years from the Effective Date of this CONTRACT.
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