C153542 Paid in Full Documents

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

s .
D. The State agrees that it shall :
1 . Loan to the Contractor for the construction of the
project an amount. riot to exceed One Hundred Sixty-Six Thousand
Six Hundred Dollars ($166 , 600) . Said One Hundred Sixty-Six
Thousand Six Hundred Dollars ($166 , 600) shall he 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 bi.d . a.nd construction contract
hi4vq documents ..
17404, (3) Preparing environmental assessment or
tom- environmental impact statements, and otherwise
complying with the federal National Environmental
Policy Act.
4%; (4) Complying with all federal , State, and local
regulatory requirements, including the obtaining
of all required permits .
1141 , (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 .
(b) Reviewing this contract.
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