C153542 Paid in Full Documents

• Contract/PO #: C153542
• Contractor Name: County of Montrose
• Contract Type: Loan
• Loan Projects - Doc Type: Repayment Information

i
D. The State agrees that it shall :
1. Loan to the Contractor for the construction of the
project an amount not to exceed One Hundred Sixty-Five Thousand
Five Hundred Forty-Nine Dollars and Forty-Five Cents
($165 , 549 . 45 ) . Said One Hundred Sixty-Five Thousand Five
Hundred Forty-Nine Dollars and Forty-Five Cents ($165 , 549 . 45 )
shall be made available to the Contractor in accordance with
the following terms and conditions :
a . Commencing ten ( 10) days from the date of this
contract and for every month thereafter until said
project has been completed, the Contractor shall
prepare, with the assistance of the Consultant referred
to in paragraph B. 2 . above, an estimate of the funds
required for project construction during that month and
shall forward said estimate to the State not less than
fifteen (15) days prior to the beginning of such month.
b. Upon receipt and approval by the State of such
monthly estimate , the State will , within forty (40)
days from the receipt of such estimate, pay over to the
Contractor the amount of the monthly estimate or such
portion thereof as has been approved by the State .
c . No payments will be made under this contract unless
and until the project plans and specifications referred
to in paragraph B. 2 . above are approved by the State in
writing.
d . Project construction costs eligible for payment by
the State shall be limited to the cost of :
( 1) Preparing final designs and specifications for
the project .
(2) Preparing bid and construction contract
documents .
( 3 ) Preparing environmental assessment or
env .;.onmental impact statements , and otherwise
c.mp . ':. g with the federal National Environmental
1?0;
v, iv; 'Act.
) Complying with all federal , State, and local
, *Iii , regulatory requirements , including the obtaining of
all required permits .
( 5 ) Land and water rights acquisitions needed for
the project, including the necessary appraisals and
evaluations .
( 6 ) Fish and wildlife mitigation measures required
by federal , State, or local laws and regulations .
(7 ) Actual construction as called for in the bid
documents and in Change Orders approved by the
Consultant, the Contractor , the Construction Firm,
and the State .
(8 ) Engineering services for construction
management , including design and construction
management for State-approved Change Orders .
( 9 ) Legal services for :
(a) Reviewing engineering services contracts .
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