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construction, the BORROWER shall employ or cause the entity that oversees <br /> construction of the Project to employ an inspector who has been approved by the <br /> CWCB staff. <br /> J. The BORROWER shall construct or cause the entity that oversees construction of <br /> the Project to construct the PROJECT in accordance with the approved plans and <br /> specifications. <br /> K. Upon completion of the PROJECT construction, the BORROWER shall provide or <br /> cause the entity that oversees construction of the Project to provide as-built <br /> drawings of the PROJECT to the CWCB staff, or, if required by § 37-87-105, C.R.S., <br /> the BORROWER shall provide or cause the entity that oversees construction of the <br /> Project to provide the as-built drawings to the State Engineer's Office for approval <br /> and filing. <br /> L. Upon completion of the PROJECT construction, the BORROWER shall arrange or <br /> cause the entity that oversees construction of the Project to arrange a final <br /> inspection for the CWCB staff. <br /> M. The BORROWER shall pay or cause the entity that oversees construction of the <br /> Project to pay all of the expenses related to the PROJECT when such bills are due. <br /> SECTION 8—ELIGIBLE EXPENSES. The following items are eligible for loan disbursements. <br /> A. Preparing final designs and specifications for the PROJECT. <br /> B. Preparing bid and construction contract documents. <br /> C. Preparing environmental assessment or environmental impact statements, and <br /> otherwise complying with the Federal National Environmental Policy Act. <br /> D. Complying with all federal, state, and local regulatory requirements, including the <br /> obtaining of all required permit. <br /> E. Fish and wildlife mitigation measures required by federal, state, or local laws and <br /> regulations. <br /> F. Actual construction as called for in the design documents and in change orders <br /> approved by the CWCB and the Chatfield Reservoir Mitigation Company, Inc. <br /> ("MITIGATION COMPANY"). <br /> G. Engineering services for construction management, including design and <br /> construction management for CWCB approved change orders. <br /> H. Interest during completion of the PROJECT pursuant to Paragraph A.4 of the <br /> CONTRACT. <br /> I. Legal services for reviewing engineering services contracts, reviewing this <br /> CONTRACT, reviewing construction contract documents, and for complying with all <br /> federal, state, and local regulatory requirements. <br /> J. PROJECT-related expenses incurred prior to the Effective Date of this CONTRACT in <br /> accordance with the approval of this loan. <br /> Appendix 1 <br /> Page 4 of 5 <br />