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economical manner. <br /> 13. BORROWER'S Liability Insurance. <br /> a. Upon execution of this contract and continuing until complete repayment of the loan <br /> is made to the CWCB, the BORROWER shall maintain commercial general liability <br /> insurance, with a company that is satisfactory to the CWCB, with minimum limits of <br /> $1,000,000 combined single limit for each occurrence and $2,000,000 general <br /> aggregate, including products/completed operations and personal injury. <br /> b. Prior to the disbursement of any loan funds, the BORROWER shall provide the CWCB <br /> with an Acord Form 27 evidencing said insurance and shall provide the CWCB with <br /> documentation of renewals of said insurance. <br /> 14. Additional Contract Requirements. Any additional contract requirements are set <br /> forth in Additional Contract Requirement (Section 7) of the Project Summary. <br /> B. PROJECT PROVISIONS <br /> 1. Construction Fund Program Procedures. During the completion of the PROJECT, the <br /> BORROWER shall adhere to the CWCB Construction Fund Program Procedures <br /> (Section 8), of the Project Summary. <br /> 2. Eligible Expenses. The PROJECT expenses for which the BORROWER is eligible for <br /> loan disbursements are listed in Eligible Expenses (Section 9) of the Project <br /> Summary. <br /> 3. Loan Disbursements. The CWCB shall disburse loan funds in accordance with the <br /> Disbursement Schedule (Section 10) of the Project Summary. <br /> 4. Time for Performance. The BORROWER reco•niz-s t t - is of the essence in the <br /> performance of all of its obligations under this'-; • 'tr,, t r •re, the BORROWER shall <br /> complete the PROJECT within the time specifie' rn s- .:� ormance (Section 11) of <br /> the Project Summary. <br /> 5. Indemnification By The Constructs a ' . � 1130F1 o ,shall require all <br /> Construction Firms and their subcon • : <br />