C150083 PIF

• Contract/PO #: C150083
• Contractor Name: John Peroulis and Sons Partnership
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

and filing.
K. Upon completion of the PROJECT construction, the BORROWER shall arrange a final
inspection for the CWCB staff.
L. The BORROWER shall pay all of the expenses related to the PROJECT when such bills are
due.
SECTION 7 - ELIGIBLE EXPENSES. The following items are eligible for loan disbursements.
A. Preparing final designs and specifications for the PROJECT.
B. Preparing bid and construction contract documents.
C. Preparing environmental assessment or environmental impact statements, and otherwise complying
with the Federal National Environmental Policy Act.
D. Complying with all federal, state, and local regulatory requirements, including the obtaining of all
required permits.
E. Fish and wildlife mitigation measures required by federal, state, or local laws and regulations.
F. Actual construction as called for in the design documents and in change orders approved by the
CWCB and the BORROWER.
G. Engineering services for construction management, including design and construction management
for CWCB-approved change orders.
H. Interest during completion of the PROJECT pursuant to Paragraph A.2 herein.
I. Legal services for reviewing engineering services contracts, reviewing this contract, reviewing
construction contract documents, and for complying with all federal, state, and local regulatory
requirements.
SECTION 8 — DISBURSEMENT SCHEDULE
The BORROWER shall prepare a periodic progress report which contains a statement of the PROJECT
costs expended for that period and shall forward said statement to the CWCB. After receipt of the
periodic progress report from the BORROWER, and review and acceptance of the items therein as
eligible expenses as described below, the CWCB will pay to the BORROWER the amount set forth in the
report or such portion that has been approved by the CWCB. Such payment shall be made within
thirty (30) days from the CWCB's approval of each progress report.
SECTION 9— TIME FOR PERFORMANCE
Project Beginning: Upon the Effective Date of this contract
Project Finish: 3 years from the Effective Date of this contract
SECTION 10 — Additional Contract Requirements
As a condition of the CWCB's loan approval, each of the BORROWER'S partners and their spouses
shall co-sign the loan contract and the promissory note. .