CT2019-2046 Contract

• Contract/PO #: CT2019-2046
• Contractor Name: San Luis Valley Canal Company
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

The Borrower shall initiate disbursement requests by invoice to CWCB, in a form and manner approved
by CWCB. The following items are eligible for loan disbursements:
A. Engineering associated with the feasibility report prepared as a requirement for this loan.
B. Preparing final designs and specifications for the Project.
C. Preparing bid and construction contract documents.
D. Preparing environmental assessment or environmental impact statements, and otherwise
complying with the Federal National Environmental Policy Act.
E. Complying with all federal,state, and local regulatory requirements,including the obtaining of all
required permits.
F. Fish and wildlife mitigation measures required by federal, state,or local laws and regulations.
G. Actual construction as called for in the design documents and in change orders approved by the
CWCB and the Borrower.
H. Engineering services for construction management, including design and construction
management for CWCB approved change orders.
I. Interest during completion of the Project pursuant to Section 10.,of the Contract.
J. 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.
K. Project related expenses incurred prior to the Effective Date of this Contract in accordance with
the approval of this loan.
Section 10—Disbursement Schedule
For project expenses: The Borrower shall prepare a periodic progress report that sets forth 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 above,the CWCB will pay to the BORROWER
the amount set forth in the report or such portion,as 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 11 —Time for Performance
Project To Begin:Upon Effective Date of this Contract(the date this Contract is signed by the State
Controller or his designee).
Project To End: Three (3) years from the Effective Date of this Contract
or upon the date stated within the CWCB Notice of Project Substantial Completion.
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Contract Number:2019-2046
Appendix 1