Laserfiche WebLink
16. Additional Contract Requirements.Any additional contract requirements are set forth <br /> in, Section 7 of Appendix i. <br /> C. PROJECT PROVISIONS <br /> i. Construction Fund Program Procedures. During the completion of the PROJECT, the <br /> BORROWER shall adhere to the CWCB Construction Fund Program Procedures, set forth in <br /> Section 8 of Appendix i. <br /> a. Eligible Expenses. The PROJECT expenses for which the BORROWER is eligible for loan <br /> disbursements are set forth in Section g of Appendix i. <br /> 3. Loan Disbursements. The CWCB shall disburse loan funds in accordance with the <br /> Disbursement Schedule, set forth in Section io of Appendix r. <br /> 4. Time for Performance. The BORROWER recognizes that time is of the essence in the <br /> performance of all of its obligations under this CONTRACT. Therefore, the BORROWER shall <br /> complete the PROJECT within the time specified in Time for Performance, set forth in Section u <br /> of Appendix i. <br /> g. Indemnification by the Construction Firm. The BORROWER shall require all Construction <br /> Firms and their subcontractors to indemnify the State and the BORROWER against all liability <br /> and loss, and against all claims and actions based upon or arising out of damage or injury, <br /> including death, to persons or property, caused by any acts or omissions of those parties or <br /> sustained in connection with the performance of any contract related to the PROJECT or by <br /> conditions created thereby, or based upon any violation of any statute, ordinance, or <br /> regulation, and the defense of any such claims or actions. <br /> 6. Liability Insurance during Construction. During construction of the PROJECT, the <br /> BORROWER shall require the construction contractor and any subcontractors to maintain the <br /> following insurance coverage, in the limits shown, during the term of their contracts and until <br /> the PROJECT is complete. CWCB may request proof of construction contractor's and <br /> subcontractor's insurance during the term of the PROJECT. <br /> a. Commercial general liability insurance with minimum limits of Si,000,000 combined <br /> single limit for each occurrence and $z,000,000 general aggregate. This insurance <br /> coverage shall include products/completed operations and bodily injury/property damage. <br /> b. Worker's compensation and employer's liability insurance in the required statutory <br /> amounts. <br /> c. Automobile liability insurance that includes coverage for all owned, non-owned and hired <br /> vehicles with minimum limits of$i,000,000 combined single limit for bodily injury and <br /> property damage. <br /> Page 8 Of 14 <br />