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r <br /> the State to ensure compliance with provisions of this contract and the laws and regulations <br /> under which this contract is entered into. <br /> C. The State agrees that it shall: <br /> 1. Loan to the Contractor for the construction of the project an amount not to :► ceed <br /> Seventy One Thousand Five Hundred Dollars ($71,500). Said Seventy-One Thousan► Five <br /> Hundre• Dollars ($71,500)shall be made available to the Contractor in accordance the <br /> followi terms and conditions: <br /> 1 . I-di a. Commencing ten (10) days from the date of contra ,r : i'onth <br /> I thereafter until said project has been completed, ; • , or sh• . •ar.,with <br /> the assistance of the Consultant referred to in '.'. sh I - an es • •ate <br /> of the funds required for project construction during •at g• 1 . . g N+ard <br /> said estimate to the State not less than fifteen (15) days prior . • b- . irng of <br /> III <br /> such month. <br /> b. Upon receipt and approval by the State of such monthly estimate, the Stae will, <br /> within forty (40) days from the receipt of such estimate, pay over to the Con ractor <br /> the amount of the monthly estimate or such portion thereof as has been ap i roved <br /> by the State. <br /> c. Project construction costs eligible for payment by the State shall be li ted to <br /> the cost of: <br /> (1) Preparing final designs and specifications for the project. <br /> (2) Preparing bid and construction contract documents. <br /> (3) Preparing environmental assessment or environmental impact stat- ents, <br /> and otherwise complying with the federal National Environmental Poli Act. <br /> (4) Complying with all federal, State, and local <br /> regulatory requirements, including the obtaining of all required permi .. <br /> I (5) Land and water rights acquisitions needed for the project, inclu. ng the <br /> I necessary appraisals and 'evaluations. <br /> (6) Fish and wildlife mitigation measures required by federal, State, •r local <br /> laws and regulations. <br /> (7) Actual construction as called for in the bid documents and in ( hange <br /> Orders approved by the Consultant, the Contractor,the Construction Fi ,and <br /> the State. <br /> it (8) Engineering services for construction management, including des oi and <br /> construction management for State-approved Change Orders. <br /> Page 6 of 11 pages <br />